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Reps. Sam Graves (R-Mo.) and Adam Schiff (D-Calif.) have proposed the Medicare Audit Improvement Act of 2012, a bill that…
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Reps. Sam Graves (R-Mo.) and Adam Schiff (D-Calif.) have proposed the Medicare Audit Improvement Act of 2012, a bill that would restructure the way Medicare Recovery Auditors — formerly known as recovery audit contractors — can review providers.
Do these two questions sound familiar? "What makes a good hospital or medical group cost accounting implementation?" and "What is important to know when one embarks in a hospital or medical group cost accounting effort?"The answers are generic in nature…
Krystal Claymore, CFO of Great Plains Regional Medical Center in North Platte, Neb., is no stranger to financial leadership at hospitals, and she is responsible for the financial oversight and service line management of the only hospital in Nebraska's Lincoln…
It's no secret that the government overpays private Medicare Advantage plans by billions of dollars, but according to a report from the Commonwealth Fund, President Barack Obama's healthcare reform law will attempt to cut back on $12.7 billion in annual…
Nashville, Tenn.-based Hospital Corporation America released preliminary financial results for its third quarter, and although its profit estimates did not meet Wall Street expectations, the results are still larger than the third quarter of 2011.
Third-quarter profit at health insurer UnitedHealth Group (pdf) rose 22.5 percent, from $1.27 billion in 2011 to $1.56 billion this year.
Hospital Billing Optimizer: Advanced Analytics Solution to Minimize Hospital Systems’ Revenue Leakage Hospitals are already struggling with razor-thin profit margins and losing out on hundreds of millions of dollars because of incorrect billing. And as invoices become more…
In August, Standard & Poor's Ratings Services released its two major healthcare medians reports: one for non-profit health systems and one for non-profit standalone hospitals. S&P's healthcare credit analysts doled out several figures across 40 pages of research and came…
Hospital wholesale prices fell 1 percent in September, according to the latest statistics from the Bureau of Labor Statistics' Producer Price Index.
Since 1988, Terry Kiser has held down the role of CFO of Georgetown (S.C.) Hospital System, and the two-hospital system has made significant financial progress since he first started.