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Trinity Health and XPO Logistics have announced plans to build the first of four supply distribution centers in Fort Wayne, Indiana. Expected to create 75 new jobs in the state, the 21-state hospital system hopes the new centers will transform its operation and lowering costs for the community.
Though the cost savings tied to outsourcing revenue cycle operations for large-scale health systems can be attractive, healthcare finance leaders say there are more than a few details to consider before handing over these processes to a vendor.
Here are three specific changes finalized by the Department of Health and Human Services that affect consumers who buy their own health insurance in one of the 38 states using the online federal insurance exchange.
The American Medical Association, the Florida Medical Association and the Florida Osteopathic Medical Association are calling on Florida Attorney General Pam Bondi to reject the proposed merger of health insurer giants Aetna and Humana, according to a March 14 release from the AMA.
We spoke to two financial leaders about the metrics they follow, their ideal analytics dashboard and how they interpret data to make decisions for their systems.
Medical groups have already started educating their members about the law and other end-of-life options. The California Medical Association issued a document earlier this year that explains to doctors and patients how the law works. Many physicians are going to have to figure out how to talk to patients when the patients raise the question.
A recent American Journal of Managed Care study has confirmed prices for care in a hospital outpatient department tend to be higher than those for the same service performed in a physician's office.
Data from the Federal Bureau of Labor Statistics shows that the healthcare industry in Kentucky added jobs at a rapid pace in 2015, picking up momentum after showing only modest growth during the first year of the state's Medicaid expansion.
In 2016, health insurance co-ops have gained needed enrollment but half of those set up under the Affordable Care Act three years ago have failed, costing taxpayers over $1 billion, according to a Senate subcommittee which has investigated what went wrong.
While accountable care organizations piloted by the Centers for Medicare and Medicaid services are expanding due to the government's focus on alternative payment models, ACOs run by private insurers are growing as health systems weigh the benefits of joining.