Baptist Health is recruiting 250 patient access coordinators to work in its call centers, the Louisville, Ky.-based health system said Nov. 18. 

Incorrect billing at Edward W. Sparrow Hospital led to Medicare overpaying the Lansing, Mich.-based hospital $550,917, according to an audit from HHS' Office of Inspector General. 

The COVID-19 pandemic has had significant financial effects for hospitals and health systems across the country, due to lower patient volumes, canceled elective procedures and higher expenses tied to the public health crisis. Many organizations have been forced to redeploy,…

Private equity firm Clearlake Capital has signed a definitive agreement to acquire the technology division of nThrive, a healthcare revenue cycle management company, according to a Nov. 19 news release. 

Robert "Bob" Glenning serves as the president of the financial services division and CFO at Edison, N.J.-based Hackensack Meridian Health, an integrated system with 17 hospitals, 500 patient care locations and 36,000 employees. 

Residents in an Illinois city have raised more than $11,000 to help their longtime postal worker pay for medical care as he battles COVID-19, according to the Chicago Tribune.

From reimbursement landscape challenges to dwindling patient volumes, many factors lead hospitals to file for bankruptcy. At least 32 hospitals across the U.S. have filed this year, and the financial challenges caused by the COVID-19 pandemic may force more hospitals…

A Houston physician was ordered Nov. 18 to serve five years in prison and to pay $9.5 million in restitution for her part in a $17 million Medicare fraud scheme, according to the Houston Chronicle. 

Medicare has been overpaying hospitals for recalled or faulty heart devices, according to a Nov. 16 report from HHS' Office of Inspector General.

Despite a drop in net income of 76 percent, Beaumont Health said it's providing a $1,000 recognition payment for full-time employees and other financial perks to its staff.