Memorial Hospital recorded an estimated net loss of $983,095 in July. Memorial Hospital CEO Billy Walker attributed the deficit, in part, to $400,000 in uncollected patient accounts and $300,000 in unprocessed claims, according to the article.
Former Memorial CFO Bill Huling vacated his position last month, Mr. Walker told The Post Searchlight. The hospital has partnered with Jackson Executives to find new financial leadership.
Memorial does not plan to hire outside financial consultants.
More articles on finance and revenue cycle management issues:
Athenahealth COO sells 4k shares of company stock
Modernizing Medicine seeks to hire 20 medical billing analysts in California
Improving patient/member satisfaction through nurse triage services
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
