Accounting & Financial Management

Due to concerns of insolvency, federal and state officials have ordered the nonprofit co-op Health Republic Insurance of New York to cease writing policies and to close by the end of the year.

A significant number of people accessing ED care for overdoses are coming from underinsured populations where almost no subsidy is paid back to the healthcare provider.

Both CEO Keith M. McNeil and CFO Paul James of Cambridge have resigned, and the finances are under investigation.

Leaders from Mercy Hospital Joplin, Partners HealthCare, South Nassau Communities Hospitals explain how their systems bounced back from natural disasters and share tips on how healthcare leaders can prepare for the worst Mother Nature can dish out.

The vast majority leave their contributions in savings accounts instead where the money may earn lower returns.

While not as prevalent as they once were, healthcare pension plans still represent a significant fiduciary obligation.

While every financial metric carries importance in running a healthcare business, tighter margins means managing days in accounts receivable is becoming more important than ever.

As the clinical-financial relationship tightens, hospitals may want to consider whether they have appropriately organized their staffing roles and relationships to take the greatest advantage of the trend.

For many hospitals and healthcare centers, the CFO, the controller, and the reimbursement manager - form the new 'trinity' of finance leadership.

The economic collapse in 2008 changed everything for the new CFO Amy Floria, plunging Goshen, both the city and hospital, into crisis. But smart cost management has helped the system bounce back.