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More in Financial Management

For the past 24 years, Michael DeVaughn has served as CFO of WakeMed Health & Hospitals, the 870-bed private healthcare system based in Raleigh, N.C., and he has helped the system grow in a financially stable bastion in Wake County.

Hospitals and health systems that engage in cost management are looking to reshape and reduce costs, and there are eight main strategies that can lead to effective cost management opportunities, according to a March report from Kaufman, Hall & Associates…

North Carolina's Medicaid program currently has a deficit of roughly $150 million, and health advocates attended a state Senate Appropriations Committee meeting Tuesday to advocate for restored Medicaid funding to the budget, according to a North Carolina Health News report.

The Medicaid Recovery Auditor program officially started this past January, and according to a recent blog post from Paul Spencer, compliance officer for Fi-Med Management and author of The RAConteur, there has been little recognition of the Medicaid RACs' progress…

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