Accounting & Financial Management
CentraCare Health has denials sitting out there for 300 days, creating administrative and financial burden, says rev cycle director.
The House passed H.R. 5378, a bill aimed at transparency in hospital pricing that also addresses PBM spread pricing.
AHA supports the Lower Costs, More Transparency Act (H.R. 5378) provision that would suspend Medicaid disproportionate share reductions for two years.
Heading into 2024, companies face elevated interest rates, weak liquidity and no appetite from lenders for highly-leveraged capital structures.
The organization attributes these results to the positive performance of its insurance businesses.
UnitedHealth reaffirmed its 2023 earnings guidance and set its 2024 profit outlook, largely in line with forecasts, report says.
Revenue reductions linked to Medicare Advantage denials surged by 55.7%, while those from commercial payers rose by 20.2% since 2022.
Smaller hospitals are having to make financial resource decisions between cybersecurity and investment in patient care devices such as CT scanners, says Wes Wright, chief healthcare officer of Ordr.
AI is not yet 100% accurate, with a tradeoff between risk and productivity for financial savings.
As part of the emergence, Envision and AMSURG separated into two entities with separate leadership teams and owner groups.