Today's Top 20 Health Finance StoriesRSS
  1. Turing refuses to lower price for drug with the 5000% price hike

    Turing Pharmaceuticals, the drugmaker that made headlines in September for raising the price of a toxoplasmosis medication by 5000 percent overnight, said Tuesday it will not lower the drug's price after all, according to The New York Times. By Tamara Rosin -
  2. Fla. Gov. Rick Scott's $79.3B budget plan stirs hospitals: 3 things to know

    Florida Governor Rick Scott (R) is asking the Legislature to pass his $79.3 billion Florida First Budget next year, according to Health News Florida. By Tamara Rosin -
  3. Georgia hospital to close after judge denies attempt to keep doors open

    Fort Oglethorpe, Ga.-based Hutcheson Medical Center CEO Farrell Hayes emailed employees Tuesday, telling them he could not save the financially troubled hospital, according to a Times Free Press report.  By Ayla Ellison -

7 things PAC providers should know as partners in CCJR

Hospitals may be the only risk-bearing entities under CMS’ CCJR proposed model, but there are major implications for post-acute care (PAC) providers.
  1. Fitch rates Edward Hospital's bonds

    Fitch Ratings has assigned an "A+" rating on bonds issued by the Illinois Finance Authority on behalf of the Edward Hospital Obligated Group. The hospital's parent organization is Naperville, Ill.-based Edward-Elmhurst Health.  By Ayla Ellison -
  2. 8 hospital CFOs in the headlines

    Here are nine hospital and health system CFOs who were in the news since Nov. 1.  By Ayla Ellison -
  3. EHR company CPSI to acquire Healthland Holding for $250M

    Computer Programs & Systems, an EHR developer focused on rural, community and critical access hospitals, has acquired Healthland Holding and its affiliates. By Carrie Pallardy -
  4. RCM tip of the day: Focus on revenue optimization

    Here are a few ways to optimize the revenue of healthcare professionals. By Carrie Pallardy -

Opportunity to significantly increase profits

As providers survey the landscape today, there aren't many opportunities to improve profitability. You have little control over the rates in your managed care contracts, and no control over Medicare and Medicaid reimbursement rates. 
  1. 4 ways Virginia hospitals are struggling financially

    New data from Virginia Health Information, the agency that gathers and reports healthcare data in the state, show that hospitals in Virginia continue to face financial challenges, according to a report published on  By Kelly Gooch -
  2. Fitch affirms Kalkaska County Hospital Authority's 'A-' rating

    Fitch Ratings has affirmed the "A-" rating on Kalkaska (Mich.) County Hospital Authority's series 2007 hospital authority unlimited tax bonds, affecting $2.1 million. By Erin Marshall -
  3. US Air Force awards Signature Performance $85M RCM contract

    Signature Performance, a provider of revenue cycle management services, Tuesday confirmed winning a $85 million billing and collections services contract for various U.S. Air Force bases.  By Brooke Murphy -
  4. How NYU Langone cut costs, improved patient experience after surgery

    Recommending a patient to an post-acute care facility following major cardiac, joint or spine surgery rather than the patient's own home may not always be necessary, according to findings of a new self-examining study from NYU Langone Medical Center.  By Brooke Murphy -
  1. OIG: California hospital received $798k in Medicare overpayments

    Porterville, Calif.-based Sierra View Medical Center failed to comply with Medicare billing requirements for 25 of 30 inpatient and outpatient claims reviewed by HHS' Office of Inspector General during the audit period of Jan. 1, 2012, through Sept. 30, 2013, according to a recent OIG audit report.  By Ayla Ellison -
  2. OSU Wexner's operating margin cut in half on CFO's recommendation

    In the healthcare industry, where median nonprofit hospital margins have been in the 2 percent to 3 percent range for the past few years, Columbus-based The Ohio State University Wexner Medical Center has stood out with double-digit margins.  By Ayla Ellison -
  3. University of Kansas Hospital gets revenue boost, but sees operating margin fall

    University of Kansas Hospital reported an operating margin of 8.8 percent for the first quarter of its fiscal year 2016, down from a 9.8 percent margin in the same period a year ago, as the Kansas City-based hospital saw higher costs outpace revenue gains.  By Ayla Ellison -
  4. End of 10% Medicare bonus will lower pay to primary care physicians

    With the impending expiration of a 2011 incentive program, primary care physicians will stop receiving a 10 percent bonus for caring for Medicare patients. While some say the reduction in payments could adversely affect patients, others say the bonuses hardly had an impact on their practice, according to Kaiser Health News.  By Tamara Rosin -
  5. RCM tip of the day: Consider using a tool to identify coverage options for self-pay patients

    Self-pay patients may be eligible for some kind of health insurance coverage. By Carrie Pallardy -
  6. Obama administration takes steps to bolster finances for state-run exchanges

    In an attempt to remedy the growing financial pressures on state-run exchanges, the Obama administration on Friday proposed a new type of partnership between state and federal marketplaces, according to The Hill. By Tamara Rosin -
  7. Majority of Americans believe healthcare coverage is government responsibility

    More than half (51 percent) of U.S. adults say it is the responsibility of the government to ensure all Americans have health insurance, according to a recent poll from Gallup. By Tamara Rosin -
  8. The US Ebola price tag: 5 things to know

    The U.S. government, though slow to act, initiated the largest effort by a single donor to respond to the 2014 Ebola outbreak, which killed more than 11,000 people, according to The Kaiser Family Foundation.  By Emily Rappleye -
  9. More people seek retail solutions for healthcare needs: 6 findings

    Nearly 1 in 4 people avoid receiving medical care because of cost, according to a recent survey by Professional Research Consultants.  By Kelly Gooch -

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