Accounting & Financial Management
While metrics like 30-day readmissions and mortality rates weigh heavily on the results, Truven also places more emphasis on financial status than other hospital rankings lists.
Improving economy helps more low-income patients pay their balances in states that did not expand under Obamacare.
Mary Ann Stewart faces a maximum sentence of 10 years in prison for healthcare fraud and five years in prison for making false declarations before a grand jury.
The health system said in a statement that it was never able to turn a profit on the $30 million acquisition of South Hampton Hospital in 2012.
Result of King vs. Burwell will not end the health law, says Anil Joseph, managing director for the Investment Research Group at GE Capital, Healthcare Financial Services.
Inpatient admissions increased 2.4 percent year-over-year across Tenet's 80 hospitals and 200 outpatient sites.
CMS yesterday published a notice indicating an increase in the Medicare Hospital OPPS conversion factor from $74.144 to $74.173, which will slightly increase payment rates for most ambulatory payment classifications.
As appropriations are trimmed and payments decline, hospitals in the archipelago state making steep cuts to hold back the losses.
"You have to match the growth rate to the decline in the utilization rate," says Chief Financial Officer Timothy O'Connor.
Insurers with Medicare Advantage health plans are facing more public and government scrutiny over just how sick their senior members really are.