Today's Top 20 Health Finance Articles
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North Carolina health system sues insurer over $1.5B policy payout
Novant Health has filed a lawsuit against a subsidiary of Zurich, alleging the insurance carrier should cover the Winston-Salem, N.C.-based health system's pandemic-related losses, according to Law360.
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UVA Health to drop thousands of lawsuits against patients for unpaid bills
University of Virginia Health will wipe out a decades-old backlog of court judgments and liens resulting from lawsuits it brought against patients for unpaid hospital bills, the Charlottesville-based health system said April 19.
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HHS to give $145M to health center look-alikes
HHS is allocating $145 million in grant funding to health center look-alikes, which deliver primary care services to underserved communities but don't receive health center grants from the department, according to an April 19 HHS news release.
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Maryland physician pays $663K to settle false claims allegations
A Maryland family practice physician agreed to pay the U.S. government $663,094 to settle allegations she submitted false claims to Medicare for fraudulent neurostimulator billings, the Department of Justice said April 19.
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The state of healthcare stocks: 4 things to know
Healthcare stocks might not be reflecting the strength of the industry post-COVID-19, according to a market analysis in The Wall Street Journal.
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10 hospitals seeking CFOs
Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.
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Hospitals bolster opposition to site-neutral payments in new study
Moves to reimburse hospitals the same amount as physician offices may threaten access to care, according to a new study from the American Hospital Association on site-neutral payments.
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Vaccines must be free for Americans, HHS reminds providers
HHS' Office of Inspector General is reminding providers and the public that the COVID-19 vaccine must be administered at no cost to recipients after additional reports of patient charges have surfaced.
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Rennova reports late payroll, cash deficiencies
Rennova Health saw revenue drop last year and is struggling to stay afloat, according to an April 15 filing with the Securities and Exchange Commission.
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Making collections easier: 2 healthcare RCM leaders on the tech they use
In recent years, flurries of digital tools hit the market promising to optimize the payment collections process for healthcare providers. However, they're not all created equal, and providers must consider which part of their revenue cycle they want to improve and why before adopting such tools.
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Massachusetts likely to boost oversight of providers, insurers not meeting 3.1% spending cap
Providers and insurers not meeting Massachusetts' 3.1 percent healthcare spending growth cap will likely face more aggressive oversight from a state health policy panel.
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New York hospital to lay off 11 nurses
Citing a need to ensure future success, Putnam Hospital Center in Carmel, N.Y., will lay off 11 nurses, according to the Rockland/Westchester Journal News.
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Colorado hospital will repay $8.2M paycheck protection loan
Aspen (Colo.) Valley Hospital decided not to seek forgiveness of an $8.2 million Paycheck Protection Program loan because it does not meet forgiveness requirements, The Aspen Times reported April 15.
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How COVID-19 affected revenue cycle operations: Insights from finance execs
Erratic and unpredictable workload was the most common effect the pandemic had on revenue cycle operations, according to a recent survey of 587 hospital finance leaders.
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Minnesota hospital to end COVID-19 inpatient operations, affecting 325 jobs
St. Joseph's Hospital in St. Paul, Minn., plans to wind down COVID-19 inpatient services by the end of May, affecting 325 jobs, according to the Star Tribune.
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10 hospitals, health systems seeking RCM talent
Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise.
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14 organizations urge HHS to extend Next Generation ACO model
Fourteen healthcare organizations wrote a letter to HHS urging it to extend the Next Generation Accountable Care Organization model through 2022 instead of letting it expire at the end of 2021.
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Lawmakers urge 'vigorous oversight' of price disclosure rule
Republican and Democratic lawmakers are urging HHS Secretary Xavier Becerra to conduct "vigorous oversight" of the CMS rule on hospital price transparency that went into effect Jan. 1.
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UConn Health asks state for $174M bailout to cover employee benefits
Farmington, Conn.-based UConn Health asked for a three-year, $174 million bailout during an April 13 hearing in front of the state legislature's budget-writing appropriations committee, the Hartford Courant reported.
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Bill delaying Medicare payment cuts heads to Biden after House vote
The House passed legislation April 13 that will delay $18 billion in Medicare payment cuts through the end of the year.


