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More in Financial Management

Hundreds of hospitals in the U.S. are at immediate risk of closing, largely due not to financial mismanagement but inadequate reimbursements, according to the Center for Healthcare Quality and Payment Reform. 

Ten parties have initiated 75 percent of all disputes involving out-of-network emergency and nonemergency items in services under the No Surprises Act's independent dispute resolution process, according to a recent CMS report. 

More cities could take steps to relieve medical debt for their residents, after local officials in Toledo, Ohio, committed American Rescue Plan funds to pay off medical debts, The Toledo Blade reported Jan. 2. 

The U.S. nonprofit healthcare system faces a very long road ahead to any potential financial recovery as it deals with persistent operating pressures and investment market volatility, S&P Global Ratings said in a December report where the agency also downgraded…

The New Orleans City Council included a line item in the city's 2023 budget aimed at eliminating up to $130 million in medical debt, the Louisiana Illuminator reported Jan. 2. 

Five revenue cycle management companies — including R1 RCM and Wakefield & Associates — have announced executive leadership changes since Nov. 8. 

Ten hospitals or health systems recently posted job listings seeking revenue cycle management expertise.

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