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By Kelsey Brimmer | 10:19 am | October 31, 2012
When it comes to making difficult financial decisions at hospitals, it's crucial to maintain transparent communications with employees and the community. How one small hospital weathered a financial crisis was the focus of a presentation Oct. 26 at a hospital best practices workshop presented by the Maine chapter of the Healthcare Financial Management Association in Auburn, Maine.
By Steff Deschenes | 09:39 am | October 31, 2012
To get better care for patients and lower costs, it's important to stitch together the experience of patients both while they're in the hospital and immediately afterwards.
By Erin McCann | 03:17 pm | October 30, 2012
New York City hospitals scrambled to ensure patient safety in the overwhelming aftermath of post-tropical storm Sandy, which caused unprecedented flooding and widespread power outages.
By Rene Letourneau | 01:15 pm | October 30, 2012
In a press conference on Tuesday morning, New Jersey Republican Gov. Chris Christie said 91 healthcare facilities throughout the state, including 29 hospitals and 58 long-term care facilities, had reported losing power due to post-tropical storm Sandy.
By Healthcare Finance Staff | 04:15 pm | October 29, 2012
Ohio uncertain of whether to use federal fallback exchange; Illinois to pursue state-federal exchange venture; and CMS rolls out exchange simulations in this week's HIX Digest.
By Kelsey Brimmer | 02:07 pm | October 29, 2012
As Hurricane Sandy made her approach into the New Jersey and New York coastlines, Hackensack University Medical Center, in Hackensack, N.J., was busy taking all possible precautions and preparations in order to continue to safely provide necessary patient care and ensure sufficient supply levels.
By Rene Letourneau | 01:28 pm | October 29, 2012
The number of merger and acquisition transactions in the healthcare industry declined by nearly 10 percent in the third quarter of 2012 compared with the third quarter of 2011, according to a recent report from research and publishing firm Irving Levin Associates. Industry experts, however, do not believe it is a cause for major concern.
By Healthcare Finance Staff | 01:23 pm | October 29, 2012
America's Health Insurance Plans (AHIP) announced Monday the launch of a new interactive iPad app. AHIP officials say the app, "U.S. Health Care Spending 101," is meant to provide policymakers and stakeholders with comprehensive healthcare spending data in an easy-to-use digital format.
By Diana Manos | 11:57 am | October 29, 2012
In a deal that signals the increased interest in using clinical data to transform the delivery of healthcare, Deloitte Consulting announced Monday that it has acquired Newton, Mass.-based healthcare data warehousing and analytics firm Recombinant Data Corp.
By Kelsey Brimmer | 10:57 am | October 29, 2012
According to Suzanne Menard, Revenue Cycle Director at Southern Maine Medical Center (SMMC), some of the most important keys to implementing a successful Point of Service (POS) collection program include clear objectives presented to all hospital committees and comprehensive training programs for involved staff members.