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The power of nonprofit hospital systems over regional communities has "increased in recent years as their incomes have surged," the…
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The power of nonprofit hospital systems over regional communities has "increased in recent years as their incomes have surged," the Wall Street Journal reports in its Aug. 28 edition. The result, say critics, is the creation of "untaxed local health-care…
As part of a series of healthcare bills signed into law by New Jersey Governor Jon S. Corzine, hospitals in the state will now be required to file monthly, rather than quarterly, unaudited financial information to help the state identify…
Ninety-two percent of hospital health information management (HIM) directors are aware of CMS's Recovery Audit Contractor (RAC) program, which aims to root out claims paid in error, according to a survey conducted on behalf of Walters Kluwer Health Clinical Solutions…
CMS has released a report offering fresh evidence that the recovery audit contractors (RACs) pilot program is successfully identifying improper payments ? $693.6 million has been returned to the Medicare Trust funds between 2005 and March 2008, officials say.
Health Care services and device companies have become a core target for private equity investors. In recent years there has been a binge in the private equity acquisition of health care companies valued between one billion and twenty billion dollars.…
Hospitals in New Jersey are facing a severe financial crisis due to rising numbers of uninsured people and budget cuts leading to decreased reimbursement, according to the Washington Post. The crisis has caused six hospitals to close in the past…