Setting the Stage If you are tasked with the financial well-being of your healthcare organization, you know that patient payment is clearly a major component to your financial stability.   By Staff - 11/8/18

CMS removed Dillingham, Alaska-based Kanakanak Hospital from "immediate jeopardy" status Nov. 6 after the facility corrected several deficient pharmacy practices.  By Mackenzie Bean - 11/8/18

S&P Global Ratings assigned an "AA/A-1+" long-term rating to Rochester, Minn.-based Mayo Clinic's series 2011B revenue bonds and a "A-1+" commercial paper rating to its series 2011A bonds.  By Leo Vartorella - 11/8/18

Moody's Investors Service affirmed its "A1" rating for Birmingham-based Children's Hospital of Alabama, affecting $153 million of outstanding revenue bonds.  By Leo Vartorella - 11/8/18

Port Angeles, Wash.-based Olympic Medical Center will join the American Hospital Association's lawsuit against HHS over the recently announced cuts to Medicare reimbursement rates for off-site clinics, according to the Peninsula Daily News.  By Leo Vartorella - 11/8/18

New Jersey Gov. Phil Murphy signed a bill into law Nov. 1 that increases Medicaid financial resources for certain hospitals and establishes a hospital fee pilot program.  By Kelly Gooch - 11/8/18

Here are eight statistics to know covering medical bills, healthcare prices and out-of-pocket spending.  By Kelly Gooch - 11/8/18

Claim denial resolve rate is among the key performance indicators hospital CFOs should track to improve revenue cycle performance, said Jenna Tropea, online marketing strategist at ImagineSoftware, a provider of billing automation software and revenue management applications.  By Kelly Gooch - 11/8/18

An anonymous couple donated $2.1 million to RIP Medical Debt, a nonprofit charity that buys medical debt for pennies on the dollar to forgive it, which will be used to pay off $250 million in medical debt before the end of the year, according to the charity.  By Kelly Gooch - 11/8/18

Troy, Mich.-based University Physician Group, which does business as Wayne State University Physician Group, filed for Chapter 11 bankruptcy Nov. 7.  By Ayla Ellison - 11/8/18

Healthcare stocks rallied Nov. 7 in the wake of midterm elections that delivered a split Congress, according to Reuters.  By Ayla Ellison - 11/8/18

Voters in Tarrant County approved an $800 million hospital district bond for Fort Worth, Texas-based JPS Health Network. The bond will support various expansion and facility improvement efforts across the district, according to NBC-Dallas Fort Worth.  By Alia Paavola - 11/7/18

Health systems exist to care for patients; they truly want to provide the best outcomes and a great experience for every patient.  By Joe Polaris, senior vice president of product and technology, R1 RCM - 11/7/18

Fitch Ratings affirmed its "BB+" bond rating for Philadelphia-based Temple University Health System and assigned the system a "BB+" issuer default rating.  By Leo Vartorella - 11/7/18

Fitch Ratings affirmed a "BBB-" issuer default rating to Flint, Mich.-based Hurley Medical Center.  By Leo Vartorella - 11/7/18

Amid a growing uninsured population and CMS audits of uncompensated care reporting starting this fall, hospitals’ lifelines will be proper patient-level documentation and clearly defined charity care policies.  By Steven Shill and John Barry - 11/7/18

Supermarkets and retail pharmacies are increasingly offering in-store medical services to bring patients convenient and affordable care.  To attract and retain more consumers, health retailers should offer a subscription-type service or a financial reward, a new survey conducted by PwC's Health Research Institute suggests.    By Alia Paavola - 11/7/18

Most healthcare providers are concerned about the new CMS price transparency final rule, and nearly half are uncertain how they will address the mandate, according to a survey from PMMC, a provider of revenue cycle software and services.  By Kelly Gooch - 11/7/18

Voters in Palo Alto and Livermore, Calif., defeated union-backed ballot initiatives over healthcare provider charges, the East Bay Times reported.  By Kelly Gooch - 11/7/18

A recent blog post by ECG Management Consultants discusses President Trump's plan to lower prescription drug prices.   By Staff - 11/7/18