Category: ROOT

Arkansas cardiologist reaches $900K settlement for violating False Claims Act

Jeffrey Tauth, MD, a cardiologist at Hot Springs (Ark.) National Park Medical Center and National Park Cardiology Services, has agreed to pay $900,000 to resolve claims alleging he violated the False Claims Act, according to a Jan. 5 report from the U….

50 rural hospitals with the best margins

Rural hospitals face a myriad of economic and financial pressures. Here are the 50 rural hospitals with the best margins, according to data from the Center for Healthcare Quality and Payment Reform: 

XBB.1.5 likely resistant to Evusheld, FDA says

Evusheld, the only COVID-19 preexposure prophylaxis treatment with emergency use authorization, may not be effective against subvariant XBB.1.5, which makes up nearly 3 in 10 cases, the FDA said Jan. 6. 

Kansas Supreme Court rules hospital must grant woman electronic access to health data

The Kansas Supreme Court ruled that a hospital in the state must provide a woman with access to her EHR data.

HCA Florida Healthcare names Dr. Kevin Klauer new chief medical officer for 2 hospitals

Kevin Klauer, DO, has been appointed chief medical officer for two HCA hospitals — HCA Florida Ocala Hospital and HCA Florida West Marion Hospital, according to ocala-news.com.

Labor shortages inhibiting hospital economic growth: Report

Economic activity, driven mainly by greater inpatient volumes linked to the tripledemic of RSV, flu and COVID-19, grew in December for the 31st straight month in the hospital subsector, the Institute for Supply Management said Jan. 9.

Exact Sciences expects $550M in revenue in Q4: 5 things to know

Exact Sciences, a cancer screening and diagnostic test provider, is expecting to report revenue between $550.7 and $552.7 million for the fourth quarter, according to a Jan. 8 release.

'A2' rating affirmed for Inspira but outlook revised downward

The outlook for Mullica Hill, N.J.-based Inspira Health was revised to stable from positive amid its “adequate” financial profile, Moody’s said Jan 6.

Top operational challenges increasing denials

Forty-two percent of revenue cycle leaders said claims denials are increasing, according to a recent report from Experian Health.

Nurses strike at 2 New York City hospitals

Members of the New York State Nurses Association went on strike Jan. 9 at two New York City hospitals: Mount Sinai Medical Center on the Upper East Side of Manhattan and Montefiore Medical Center in the Bronx.