Lawrence (Kan.) Memorial Hospital terminated CFO Mike Rogers after about a month on the job after hospital staff discovered he was a convicted felon who changed his name last year.
An Oregon Department of Justice investigation into alleged improper billing by the state’s largest hospital operator remains open more than a year later, according to a Nov. 9 The Lund Report article.
Health insurers will raise rates next year, predicts Moody’s Investor Services, but hospitals will still need to focus on tight cost controls as inflation remains high.
From laying off nurses at a chain of its urgent care clinics to closing down clinics in Florida and Minnesota, some aspects of Optum are shrinking even with total revenue in the third quarter up 22% year over year.