R1 RCM posted a net loss of $35.1 million in the first quarter of 2024, compared to a net income of $1.6 million over the same period last year, according to the company’s May 8 financial report.
A Florida lab owner was sentenced to 10 years in prison for three fraud schemes, including a conspiracy involving $25 million in fraudulent Medicare claims submitted by Ellwood City (Pa.) Medical Center.
Burlington, Kan.-based Coffey Health System has named Stacy Augustyn, MSN, RN, its CEO, effective Aug. 1, after Joben Rieth, RN, tendered his resignation April 15.
Utica, N.Y.-based Wynn Hospital is temporarily suspending open-heart surgeries to review and strengthen the service, NBC affiliate WKTV reported May 7.
Dallas-based Steward Health Care has placed its 31 U.S. hospitals up for purchase to help offload its $9 billion debt after the health system filed for Chapter 11 bankruptcy, Reuters first reported May 7.