Mike Bunch serves as CFO and COO of KershawHealth in Camden, S.C., and over the past several years, he has helped shore up the finances of a health system that primarily relies on government payors.
A majority of states expect budgetary challenges in the Medicaid expansion from 2012 to 2020, and many believe CMS needs to issue additional guidance, according to a recent report from the Government Accountability Office (pdf).
In 2010, Arkansas hospitals provided a total economic impact of more than $10.3 billion, according to a report from the Arkansas Hospital Association (pdf).
University Hospital in Louisville, Ky., is closing some services in an effort to save approximately $2.5 million annually, according to a Courier-Journal report.
President Barack Obama, Senate Majority Leader Harry Reid (D-Nev.) and House Speaker John Boehner (R-Ohio) have agreed on a six-month continuing resolution that will fund the government with $1.047 trillion and avoid a government shutdown debate as the presidential race…
Health insurer Cigna's (pdf) second quarter profit was down 3 percent, from $391 million last year to $380 million this year, but the figures still beat analysts' estimates.
In the final rule (pdf) for the fiscal year 2013 Inpatient Prospective Payment System and the Long-Term Care Hospital Prospective Payment System, CMS decided to increase Medicare's operating payment rates to acute-care hospitals by 2.8 percent — a significant change…
When Mike Tretina arrived at Mary Greeley Medical Center in Ames, Iowa, in 2009 as CFO, the hospital was running on an operating margin of 1.5 percent. All things considered, a 1.5 percent operating margin at a non-profit hospital at…
In a recent webinar hosted by Becker's Hospital Review, Eric Flyckt, MD, director of client analytics for Objective Health, shared critical strategies for hospitals to achieve positive Medicare margins.
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