Ninety percent of health system finance leaders surveyed by the Healthcare Financial Management Association agreed on the top challenge facing revenue cycle teams: denials.
Category: Static
Piedmont, Encompass team up to build 40-bed rehab hospital in Georgia
Atlanta-based Piedmont Healthcare and Birmingham, Ala.-based Encompass Health have received a certificate of need to develop a freestanding, 40-bed inpatient rehabilitation hospital in Loganville, Ga.
Impulsive, out-of-control CEOs work best in fiction
Stereotypes or headlines generated by mercurial CEOs shouldn’t be mistaken as evidence that impulsivity leads to power, a new study finds.
3 hospital CFOs becoming CEOs
In 2023, a record 8.4% of companies represented in the S&P 500 and Fortune 500 promoted a finance chief to CEO, up from 5.8% 10 years ago, according to data from executive search firm Crist Kolder Associates.
MSU Health Care to expand 'payvider' model
Last year, MSU Health Care, in partnership with Health Alliance Plan, worked with Henry Ford Health to launch the HAP MSUHC Medicare HMO plan with $0 premium and $0 primary care provider copay.
Patients pay $25 per email with providers on average
The average cost per email for patients to message their provider was $39, according to data compiled and reported by Peterson-Kaiser Family Foundation.
Law firm reviewing 50+ cases against Oregon hospital facing drug diversion probe
An Oregon law firm is reviewing 58 cases involving claims of infection at Asante Rogue Regional Medical Center in Medford, 34 of which involve wrongful death, according to a March 5 report from ABC affiliate KDRV.
VillageMD conducts layoffs amid closures
Walgreens’ VillageMD is laying off some of its employees as it looks to exit the Illinois market, a spokesperson for the company confirmed to Becker’s.
UHS building Washington, DC, freestanding ER
King of Prussia, Pa.-based Universal Health Services has shared plans to develop a freestanding emergency department on the Fletcher-Johnson Campus in Washington, D.C.’s Ward 7 district.
Lower reimbursement a leading cause for poor margins, CFOs say
A recent report from the Healthcare Financial Management Association and Eliciting Insights, a healthcare strategy and marketing research company, found that 84% of health systems have cited lower payer reimbursements as a leading cause for low operati…
