Healthcare Finance Staff
Healthcare providers are not immune to the current economic conditions that affect most industries. Providers must accommodate dwindling profit margins by constantly managing costs, and as a result, physician practices are being forced to reexamine their processes in hopes of finding ways to do more with less.
The Centers for Medicare & Medicaid Services has released proposed rules updating payment policies for hospital outpatient departments and ambulatory surgery centers in calendar year 2010.
Our Lady of Lourdes Medical Center in Camden, N.J., closed its inpatient pediatric unit this week, primarily due to under-use of the nine-bed unit.
Wake Forest University Baptist Medical Center has named Edward G. Chadwick its executive vice president for finance and chief financial officer, a new position created as part of a reorganization that began two years ago.
Palm Bay Community Hospital has opened a new 127,000-square-foot, $75 million expansion that doubles the size of the facility.
Concuity, based in Vernon Hills, Ill., has announced that Providence Health & Services has expanded its contract with the company to provide the ClearContracts software-as-a-service revenue management solution to four more facilities.
The St. Joseph Mercy Health System plans to cut 350 full-time jobs from four hospitals in Michigan as it faces a severe budget deficit.
Newsmaker Interview: Drew Swiss, Vice President of Finance, Montefiore Medical System (Bronx, N.Y.)
Commentary: John K. Dugan, partner at PricewaterhouseCoopers LLP.
Mount Washington Pediatric Hospital, a Baltimore-based facility for children with complex medical needs, has implemented a new software system for billing automation and cost control.