Accounting & Financial Management
Joe Grogan told listeners at the Federation of American Hospitals' annual conference to get on top of surprise bills or the government will step in.
Family physicians and internists also represent significant ROI, generating $2.1 million and nearly $2.7 million in net revenue, respectively.
Privately insured patients have gotten hit with bills in the tens of thousands after receiving care at the public hospital which does not contract with private payers.
The $328 million in net losses for the fourth quarter is a big leap over the $2.01 billion reported for the same period in 2017.
The talent shortage is fueled by several factors including a lack of applicants, unique skills needed, and high compensation expectations, survey says.
A third of respondents also said growing healthcare costs impact their ability to seek care, study says.
Consolidation is a primary factor in the price growth on the facility side, with prices for hospital-based procedures increasing 43 percent in seven years.
System said majority of Tampa employees will not be affected; telemedicine and partnerships will be tools to help reach patients in region.
What has long been shrouded in darkness is now being thrown into the light.
Massive gaps leave practices more dependent on reimbursement from commercial payers and commercial contracts, raise the potential of shrinking number of Medicare patients accepted.