Category: ROOT

Catholic Health secures more time to meet requirements of $44M loan

Catholic Health in Buffalo, N.Y. reached an agreement that will buy it time to meet requirements of its nearly $44 million loan, Buffalo Business First reported May 22.

Healthcare M&A bill up for discussion again in North Carolina

House Bill 737, which would give more regulatory oversight in planned healthcare mergers and acquisitions, is back on the negotiating table in North Carolina, according to a May 22 report in the Winston-Salem Journal.

Top PBMs by 2022 market share

One pharmacy benefit manager makes up one-third of the market, according to a May 23 report from Drug Channels. 

Denials management requires the most RCM subject matter expertise: Survey

Hospital CFO and revenue cycle leaders surveyed overwhelmingly said denials management requires the most RCM subject matter expertise, according to a May 23 report from Akasa, a revenue cycle firm that uses artificial intelligence. 

Denials management requires the most RCM subject matter expertise: Survey

Hospital CFO and revenue cycle leaders surveyed overwhelmingly said denials management requires the most RCM subject matter expertise, according to a May 23 report from Akasa, a revenue cycle firm that uses artificial intelligence. 

North Carolina nurse sentenced, loses license after replacing pain meds with saline

A former Fuquay-Varina, N.C. nurse was sentenced to 48 months in prison and 3 years of supervised release for tampering with painkillers for surgery patients.

1,129 hospitals reporting losses on patient services, state-by-state

Rural hospitals across the U.S. are taking losses on patient services, meaning insurers aren’t paying enough to cover the cost of care delivery, according to a report from the Center for Healthcare Quality & Payment Reform.

More hospitals exit Mississippi Hospital Association

More hospitals are terminating their memberships with the Mississippi Hospital Association, according to the Magnolia Tribune. 

California hospital to file for bankruptcy

San Benito Health Care District, the board overseeing Hollister, Calif.-based Hazel Hawkins Memorial Hospital, voted May 22 to file for Chapter 9 bankruptcy, which it said will pave the way to “tackle the systemic challenges it continues to face.” 

From cardiology to total joint replacements: The key opportunities for ASC growth, per 36 experts

The COVID-19 pandemic demonstrated to the healthcare industry that ASCs are ripe for taking on more complex procedures, including cardiac surgeries and total joint replacements. As more patients want to spend less time in a healthcare setting, ASCs hav…