Healthcare Finance Staff
Waud Capital Partners has acquired Revenue Cycle Solutions, giving the Chicago-based private equity firm a platform to build a patient account resolution company serving hospitals, hospital-based physician groups and other healthcare facilities.
The Hospitalists Management Group and Cogent Healthcare have closed on a deal, announced in April, that merges the two companies. This combination forms the largest private hospitalist company in the United States.
A new report from the Health Performance Management Institute says employers should self-insure if they want to provide the most cost-effective health benefits to their employees.
Allscripts and Humedica have announced their collaboration on a next-generation, cloud-based clinical informatics platform designed to assist physicians and hospitals as they adapt to value-based reimbursement.
Fitch Ratings has downgraded the $18.8 million in bonds issued on behalf of St. Joseph Health Services of Rhode Island to 'B' from 'BB-', although conditions may improve long-term.
National Health Investors has closed a $15 million purchase of four assisted living and memory care communities, totaling 183 units, in Louisiana.
The proposed regulations for accountable care organizations released March 31 by the Department of Health and Human Services represent one of the first delivery-reform initiatives to be implemented under the Affordable Care Act.
The Congressional Budget Office estimates that the government deficit will exceed one and a half trillion dollars this year, with federal health care annual expenditures expected to hit the trillion dollar mark by 2012. The largest federal health care program is, of course, Medicare, with costs projected to be close to $600 billion in 2012, and growing at around seven percent a year thereafter, although forecast to drop to a mere six percent annual increase if and when the Accountable Care Act is fully implemented.
More than 76 percent of hospitals participating in the National Hospital Preparedness Program met 90 percent or more of all program measures for all-hazards preparedness in 2009, according to a report released today by the Department of Health and Human Services' Assistant Secretary for Preparedness and Response.
California's Department of Managed Health Care has deemed a May 1 increase for 120,000 members of Anthem Blue Cross "unreasonable," but doesn't have the power to block it.