Nonprofit hospitals are bracing for a challenging few months as healthcare and social assistance job vacancies remain high against a backdrop of low unemployment, Fitch Ratings said in an Oct. 25 update.
Category: ROOT
Fitch: Nonprofit hospitals face prolonged labor challenges despite recent respite
Nonprofit hospitals are bracing for a challenging few months as healthcare and social assistance job vacancies remain high against a backdrop of low unemployment, Fitch Ratings said in an Oct. 25 update.
15 healthcare organizations outsourcing RCM
Becker’s has reported on 15 healthcare organizations that have decided to outsource finance jobs or other revenue cycle functions since Jan. 1:
46% of Americans say medical bills put them in debt
Almost half of Americans say that healthcare bills have put them in debt, and more than a third of them are struggling to pay for healthcare costs, according to new research conducted by One Poll on behalf of digital-first healthcare company Babylon.
Vermont hospital CEO resigns after no-confidence vote
The CEO of North Country Hospital in Newport, Vt., has resigned after medical staff took a no-confidence vote toward him.
Methodist Dallas official: Criminal history of NICU parents ‘not something we normally inquire about’
After the Oct. 22 shooting deaths of two employees at Methodist Dallas Medical Center, a suspect charged in the incident reportedly reloaded his handgun and started to leave a room at the hospital, then engaged in a standoff with police before bei…
Increasing denials, unfavorable payer mix among top RCM concerns: report
Revenue cycle challenges “seem to have intensified over the past year,” according to Kaufman Hall’s “2022 State of Healthcare Performance Improvement” report, released Oct. 18.
National Medical Billing Services inks acquisition to expand ASC revenue offerings
National Medical Billing Services has acquired MedTek, an ASC revenue cycle management provider, the company said Oct. 25.
Confluence Health posts $13M operating loss for Q3
Wenatchee, Wash.-based Confluence Health reported a quarterly operating loss of almost $13.3 million for the three months ending Sept. 30, 2022, according to data provided by Electronic Municipal Market Access. The company posted positive operating inc…
25% of ransomware attacks aimed at healthcare industry, FBI says
The healthcare sector has been hit with 25 percent of ransomware attacks so far in 2022, according to FBI data.
