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More in Financial Management

Between December 2007 and August 2009, the percentage of individuals with employer-based health coverage dropped from 60.4 percent to 55.9 percent, and although there was slight improvement later in 2009, that figure slipped back to 55.8 percent by April 2011,…

Standard & Poor's Ratings Services (pdf) downgraded the credit rating of Pittsburgh-based West Penn Allegheny Health System to B- from B+ Monday, citing a "deterioration in WPAHS's overall 2012 finances."

Most hospitals today use cost-to-charge ratios, or RCCs, to determine their overall costs, but this could lead to sub-optimal operational and strategic decisions. In a webinar on May 22, 2012, three executives from Objective Health — Tim Darling, director of…

Investigators for U.S. Rep. Darrell Issa (R-Calif.) wrote a letter to Minnesota Human Services Commissioner Lucinda Jesson and asked for additional information regarding the state's Medicaid bills by May 29, according to a Star Tribune report.

Illinois is making progress toward enacting major Medicaid cuts, as the legislature proposed a bill that would cut the health program for the state's poor and indigent populations by roughly $1.4 billion, according to a Chicago Sun-Times report.

At the Becker's Hospital Review Annual Meeting on Friday, May 18, in Chicago, John McDaniel, MHA, president and CEO of Peak Performance Physicians spoke on various ways hospitals can assess their performance and profitability.

Naya Kehayes, managing principal and CEO of Eveia Health Consulting and Management, recommends hospitals and other providers ask payors these four questions regarding benefit plan incentives within managed care contracts during negotiations.

SunLink Health Systems (pdf) continues to hemorrhage red ink, as the Atlanta-based, for-profit hospital operator recorded a net loss of $1.54 million in the third quarter of its 2012 fiscal year, roughly five times the $314,000 net loss it recorded…

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