Michael Allen serves as CFO of Winona (Minn.) Health, a non-profit health system with a 99-bed hospital and more than 1,100 employees, but his financial expertise has taken a new national role.

For many within healthcare, ICD-10 is treated as a sleeping giant: Tread gently around it, so as not to wake it. HHS and CMS recently proposed a rule to delay the compliance date of ICD-10 from Oct. 1, 2013, to…

A minority of people constitutes a majority of the costs at hospitals, and the same may hold true for spend categories at health systems.

Illinois' recent legislation that defined charity care criteria for property tax exemptions could be a positive sign for non-profit hospitals in the state, according to a report from Fitch Ratings.

CMS sent a letter (pdf), dated May 23, to the New Hampshire Department of Health and Human Services, asking the agency to provide data that state's recent Medicaid cuts to do not hinder access to beneficiaries' access to physician and…

Today, health insurer UnitedHealthcare launched a new online service that provides out-of-pocket cost estimates to consumers based on the insurer's actual contracted rates with hospitals and physicians in 47 different markets.

Unlike other industries, many health systems settle most payments via paper check instead of automation, according to a 2011 study (pdf) from American Express.

In an effort to lower healthcare costs statewide, the Massachusetts House of Representatives will take up its version of a healthcare cost containment bill, along with amendments, according to a CBS News report.

The National Business Group on Health and Towers Watson recently released their 17th annual survey (pdf) on employers and how they purchase value in healthcare, and this year's survey revealed several new and emerging trends.

Naya Kehayes, managing principal and CEO of Eveia Health Consulting and Management, recommends hospitals and other providers ask payors these six questions regarding the release of records and the right to audit and inspect within managed care contracts during negotiations.