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A decline in personnel costs, particularly a continued drop in contract labor use, is contributing to the improvement.
Higher-than-expected utilization and low reimbursement have challenged the program in 2024.
Witnesses and members of Congress slam insurers for making money while providers struggle.
An average of 3.2% of all claims denied include those that are preapproved via the prior authorization process.
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Revenue reductions linked to Medicare Advantage denials surged by 55.7%, while those from commercial payers rose by 20.2% since 2022.
Most agencies are reporting significantly more credit rating downgrades than upgrades, the AHA says.
Contributed By Thomas R. Green THIS FALL, Standard & Poor’s issued a report expressing concern over the credit risks of not-for-profit healthcare providers with speculative-grade rati...
