Accounting & Financial Management
Wrangell Medical Center, a critical access hospital and long-term care facility, is on the edge of financial collapse, an independent audit by Anchorage, Alaska-based BDO USA found. A failed attempt to build a new hospital drained the hospital’s coffers of $3.5 million.
As 2014 winds down, we've taken a look back at some of the biggest stories in healthcare finance in the past year. See what you may have missed.
St. Elizabeth Healthcare has named Lori Ritchey-Baldwin chief financial officer after serving as vice president of finance for the past two years
Most healthcare organizations offer benefit programs aimed at keeping workers in both good physical and mental health. But less common are healthcare employers that can prove those same programs actually save the organization money.
Revenue cycle upgrades at U.S. hospitals have been pushed aside, in favor of preparation for the October 2015 ICD-10 transition and the chase for incentives tied to electronic health records, according to a Black Book survey of chief financial officers.
Colorado-based Catholic Health Initiatives saw its credit rating cut this week when Standard & Poor’s dropped it from a A+ to an A over first quarter losses.
Juneau, Alaska-based Bartlett Regional Hospital recently named Alan Ulrich its new chief financial officer.
One of the nation's largest health systems is struggling with its new health insurance business, leading to the first financial loss in 15 years, and adding to other uncertainties.
Consumers shopping on the health insurance marketplaces will find many plans with out-of-pocket spending limits that are lower than the maximums allowed under the health law, according to an analysis by Avalere Health.
Former U.S. Senate Majority Leader Bill Frist, MD, has joined Carrick Capital Partners, LLC, as a special adviser to the investment firm.