Accounting & Financial Management

Overall, healthcare leaders are optimistic about the future and are relying on a combination of mergers and acquisitions and organic growth to expand.

Reining in the costs for healthcare providers is more complicated than ever.

Emerson Hospital, in Concord, Massachusetts, recently appointed Michael Hachey as its new senior vice president and CFO, responsible for the oversight of the 179-bed facility according to a recent announcement.

A healthy revenue cycle is something for which every business strives, but it is especially important for healthcare organizations in the current industry environment, due to declining reimbursements, shrinking margins and evolving payment models.

The agreement, effective Jan. 1, aims to give Humana Medicare Advantage members better care and lower costs at Aurora's health network.

Hartford, Connecticut-based Saint Francis Care has promoted David Bittner to chief financial officer, less than one year after naming him senior vice president of finance.

Minneapolis-based health system Allina Health intends to work with Salt Lake City-based data warehousing company Health Catalyst on a 10-year initiative to build a new model for improving outcomes system-wide.

For-profit hospitals have had a good run recently, and according to credit ratings agency Fitch Ratings that growth is slated to continue … for now.

Under the regulations, charitable hospitals have to perform a community health needs assessment at least once every three years, and disclose the programs addressing those needs in annual tax forms with the IRS.

Revenue cycle management firm Accretive Health restated its 2013 results last week, showing that the company swung to a $130 million profit for the year, compared to a loss of nearly $120 million in 2012.