The hospital, nursing home and its affiliates were previously managed by numerous companies, including Trilogy Healthcare Solutions, Sunflower Revenue Cycle Management and Sunflower LTAC Management, according to the report. However, Trilogy Healthcare Solutions will now solely manage the hospital and its affiliates due to Choctaw Regional Medical Center’s growth and success, the report states.
The contract with Trilogy Healthcare Solutions was slated to start Aug. 8.
More articles on finance issues:
5 healthcare CFOs in the headlines
Ohio faces $558M loss in FY 2018 under proposed managed care organization tax change
CHS spin-off Quorum Health suffers heavy losses on impairment charges
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.