Category: Healthcare Finance News

Provider Notebook: American Medical Association reacts to ‘ongoing attacks on physicians’

Close to 6% increase in Medicaid and CHIP enrollment since public health emergency began.

Providence Little Company of Mary Medical Center Torrance joins initiative to improve infant and maternal health outcomes

The infant mortality rate in Los Angeles County is more than three times higher for Black babies than white babies.

The average cost of hospital care for COVID-19 ranges from $51,000 to $78,000, based on age

When factoring in the length of stay, the average hospital charge increased the longer patients were there and they continued to vary by age group. 

Automating revenue cycle on the back end improves patient engagement on the front

For one health system, robotic process automation equates to about 27,000 hours in a month saved, which correlates to around $500,000.

Automated revenue cycle manager, TRISH, identifies and corrects errors

When health systems have their staff manage revenue cycles, up to 25% of the day can be spent on repetitive tasks related to the revenue process.

Hospital margin increases offset by expenses and uncertain future as COVID-19 and flu season collide

Higher revenues through September were offset by rising expenses of 3.5% year-over-year, according to Kaufman Hall report.

Aetna, city of New Haven hit with OCR fines after data breach

Aetna office
The fines are the latest effort on OCR’s part to enforce HIPAA regulations around protected health information.

Anthem is paying $594 million to settle Blues antitrust settlement

Non-COVID utilization is back to 95% of baseline and when coupled with the cost of COVID-19 care, overall utilization is above baseline.

CMS finalizes Medicare payment to support dialysis in the home

Certain new and innovative equipment and supplies will qualify for the additional Medicare payment.

CMS approves Georgia waiver to transition to a non-ACA private sector marketplace

Democratic opponents say the "unlawful waiver" will expose consumers to greater financial risk by encouraging the use of junk plans.