Accounting & Financial Management
While it's been in effect since January 2014, the Healthcare EFT Standard via ACH is still a source of confusion for many medical providers.
In support of strategy formulation, finance plays a vital role in helping other leaders to understand the organization's current financial picture, and to show the financial ramifications of proposed strategies.
Due to concerns of insolvency, federal and state officials have ordered the nonprofit co-op Health Republic Insurance of New York to cease writing policies and to close by the end of the year.
A significant number of people accessing ED care for overdoses are coming from underinsured populations where almost no subsidy is paid back to the healthcare provider.
Both CEO Keith M. McNeil and CFO Paul James of Cambridge have resigned, and the finances are under investigation.
Thanks to the implementation of the Healthcare EFT Standard effective Jan. 1, 2014, which requires insurers to deliver EFT payments via ACH upon request, it's easier to transition than ever, especially if you use the following tips.
Leaders from Mercy Hospital Joplin, Partners HealthCare, South Nassau Communities Hospitals explain how their systems bounced back from natural disasters and share tips on how healthcare leaders can prepare for the worst Mother Nature can dish out.
The vast majority leave their contributions in savings accounts instead where the money may earn lower returns.
While not as prevalent as they once were, healthcare pension plans still represent a significant fiduciary obligation.
While every financial metric carries importance in running a healthcare business, tighter margins means managing days in accounts receivable is becoming more important than ever.