Author's posts
Why healthcare CFOs are eyeing Venmo, Zelle
Healthcare CFOs see potential in apps such as Venmo and Zelle beyond splitting the bill at a restaurant, according to a recent survey conducted by U.S. Bank.
4 Ohio hospitals relieve $335M in medical debt
The Central Ohio Hospital Council, a collection of four Columbus, Ohio-based hospitals, is forgiving $335 million in medical debt for care received between 2015 and 2020.
Health system execs adjust to meet 2024 budget expectations
Many of the same challenges plaguing health system finances this year will carry over into 2024: inflation, tight margins, rising costs and lower reimbursement. But top executives aren’t waiting for a more favorable economy to transform their organizat…
New York system to cut contract nurses by 1,500
New York City Health + Hospitals plans to cut 1,500 contract registered nurse positions by the second half of 2025, Crain’s New York Business reported Oct. 17.
CMS recognizes 'street medicine' as billable care
Starting Oct. 1, CMS began allowing public and private insurers to pay “street medicine” providers for services delivered where homeless people might be staying, KFF Health News reported Oct. 16.
Why health systems are relying more on interim leadership
Amid leadership turnover, hospitals and health systems have various choices in terms of filling executive positions, such as appointing a successor from inside the organization or selecting an external — or internal — professional to take th…
Bon Secours Mercy Health downgraded
Cincinnati-based Bon Secours Mercy Health had its long-term bond rating downgraded from “A1” to “A2,” Moody’s said Oct. 5.
C-suites realign as new hospitals enter the picture
Growth is a major priority for health system CEOs. The idea of “strength in numbers” is reflected in a lengthening list of transactions and acquisitions — often including the incorporation of a smaller health system into a larger, more stable one. Ofte…
Catholic Health prevails in Medicare fraud case
Rockville Centre, N.Y.-based Catholic Health of Long Island will not have to defend allegations it fraudulently diverted a nursing home’s service payments to another facility while certifying compliance, according to an Oct. 16 Bloomberg report.
Common antibiotic may be linked to neurological dysfunction, study says
Researchers found very little difference in the outcomes of patients hospitalized with acute kidney injuries who received different antibiotics — cefepime or piperacillin-tazobactam — as treatment, according to the study published Oct. 14 in JAMA. …
