Practice Management News

Tenet Healthcare Drops Revenue Cycle Management Subsidiary Spinoff

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Tenet Healthcare has announced that it will not go through with the planned spinoff of its revenue cycle management subsidiary, Conifer Health Solutions. Tenet’s Board of Directors, with the...

Lower-Income, Younger Americans Faced More Medical Debt Struggles

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Healthcare finance struggles plague adults in every generation, with a quarter of Generation Z and Millennial Americans reporting that they skipped their rent or mortgage payments due to medical debt,...

Hospital Revenue Fell as Expenses Increased Amid Omicron Surge

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As expenses continued to rise, hospitals experienced sudden declines in revenue, operating margins, and outpatient volumes during January 2022 amid the Omicron surge, according to Kaufman Hall’s...

AHA Asks CMS to Amend Residency Slot Distribution in IPPS Final Rule

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The American Hospital Association (AHA) has asked CMS to reconsider its methodology for distributing residency slots to teaching hospitals, which the agency finalized in the hospital inpatient...

50% of Hospitals Meet Price Transparency Rule for Lumbar Spine MRI

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Only 50 percent of hospitals that offered lumbar spine MRI services were compliant with the CMS hospital price transparency rule, according to a study from Harvey L. Neiman Health Policy...

RI Attorney General Rejects Lifespan, Care New England Merger

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Rhode Island Attorney General Peter Neronha has rejected the application for the proposed healthcare merger between health systems Lifespan and Care New England. In a 150-page decision, Attorney...

AHA Urges Congress to Address Behavioral Healthcare Provider Shortage

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The American Hospital Association (AHA) has asked Congress to lift the caps on physician residency positions and increase financial support programs to help health systems address the shortage of...

Top 5 Best Overall Nurse Staffing Agencies

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Healthcare facilities across the country have been facing high levels of workforce shortages in the wake of the COVID-19 pandemic. Health systems and hospitals are particularly concerned about nurse...

Healthcare CFOs Plan to Invest in Patients, Partnerships in 2022

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After nearly two years in a global pandemic, the healthcare industry has faced numerous hurdles. But healthcare chief financial officers (CFOs) have high hopes for the upcoming year and plan to improve...

Hartford HealthCare Faces Antitrust Lawsuit, Monopoly Allegations

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Six Connecticut residents have filed a healthcare antitrust lawsuit against Hartford HealthCare (HHC), alleging that the health system used unlawful and anticompetitive methods to charge payers and...

Only 14% of Hospitals Met Price Transparency Rule Compliance

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Less than 20 percent of hospitals are complying with the CMS price transparency rule that went into effect on January 1, 2021, according to a report from PatientRightsAdvocate.org. The hospital price...

AMA: Prior Authorization Creates Physician Burden, Patient Care Delays

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Prior authorization negatively impacted patients and providers alike by leading to care delays for patients and creating administrative burden for physicians, according to a survey from the American...

Provider Collaboration Needed to Drive Patient Experience, ACO Success

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In order to ensure accountable care organization (ACO) and patient experience success, providers must collaborate across the continuum of care, suggested a recent study out of the Ohio State...

Who Are the Top Revenue Cycle Management Vendors of This Year?

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Market research firm KLAS has released its top picks for healthcare software vendors based on evaluations from more than 23,700 software users from more than 4,500 healthcare organizations. This year,...

Hospital Labor Shortages Debuts as Top Concern for CEOs in 2021

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Hospital labor shortages replaced financial challenges as the top concern for hospitals in 2021, according to data from the American College of Healthcare Executives (ACHE). “This is the first...

Higher Patient Volumes, Physician Productivity Aid Revenue Growth

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According to Kaufman Hall’s latest Physician Flash Report, patient volume, revenue, and productivity increased for physician practices with performances exceeding pre-pandemic...

Hospital Finances Still Recovering as We Enter Third Year of Pandemic

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Most hospitals ended 2021 in a stronger financial position compared to the first year of the COVID-19 pandemic in 2020. However, they are entering the third year of COVID-19 down compared to...

Healthcare Orgs Hit Revenue Cycle Talent Recruitment Snags

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The Great Resignation and other employment challenges are hitting revenue cycle management, a new survey of hospital and health system leaders indicates. The survey commissioned by healthcare...

White House Urged to Look into Price Gouging by Nurse Staffing Agencies

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A bipartisan group of 195 Congress members wrote to the White House COVID-19 Response Team Coordinator Jeffrey Zient requesting an investigation into reports of alleged price gouging by nurse...

Ambulatory Care Employment Surpasses Pre-Pandemic Rates

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In 2021, healthcare employment experienced no significant growth. However, ambulatory care employment saw an increase in jobs exceeding pre-pandemic rates, an analysis from Altarum revealed...