Category: Healthcare Finance News

Ten indicted in $1.4B multi-state hospital testing fraud scheme

The defendants allegedly used their management companies to take over rural hospitals in financial trouble and then used them to bill for testing.

National stockpiling standards are needed to address product shortages, Premier says

A national strategy is needed to avoid redirecting supplies away from front-line caregivers, the survey concluded.

Encounter notifications spur a better transition of care that prevents readmissions

Providers can reduce liability, avoid readmissions, prevent costs, and have greater patient satisfaction through a transition of care protocol.

Trinity Heath anticipates $2 billion in losses and further layoffs as COVID-19 continues

The health system said federal funding doesn’t cover operating losses incurred during the public health crisis.

Bright Health Plan to expand into new markets in 2021

It will expand access to its Medicare Advantage, individual and family plan products, as well as add fully-insured small business plans.

Quorum Health expected to climb out of bankruptcy soon

The system expects it will realize the $500 million reduction in debt as anticipated, though a final order is still needed.

340 organizations tell Congress to make telehealth permanent 

New report finds the growth of telemedicine visits has plateaued and accounts for a relatively small percentage of rebounding ambulatory care.

American Hospital Association asks Congress for more action as health systems expect to lose $323 billion

HHS is expected to renew the Public Health Emergency before it expires in July, tweeted Michael Caputo, HHS’s assistant secretary for public affairs

Parkview Medical Center leveraging community partnerships to tackle SDOH

By using a personal, community-based approach, Parkview was able to realize savings by cutting unnecessary ED utilization.

Loneliness is an issue for COVID-19 patients that tech alone can’t solve, says former HIMSS employee

Former employee and HIMSS board member Frank Cutitta just marked his 100th day recovering from the coronavirus.