Hospital and Medical Center Losses Due to Covid-19
Now that the Covid-19 pandemic is winding down and hospitals and medical centers are going back to “the new normal” it’s time for many directors and CFOs to check the…
Bailouts, Furloughs, and Other Issues in the Wake of COVID-19
As COVID-19 continues on its path and states begin to open, it’s clear that the medical industry will never be the same. Some hospitals have received their Cares Act payments,…
Six Things You Need to Know About Hospitals’ Potential Financial Fallout from COVID-19
With the COVID-19 pandemic in full swing, there are some clear takeaways on the hospital financial front. These things have been brewing for some time, thanks to financial pressures that…
How Hospital Financial Systems are Responding to COVID-19
A lot has changed in a week. Most of the country is on lock-down with people self-quarantining themselves. Some hospitals and medical systems are overwhelmed with people waiting to be…
Hospital Preparations and the COVID-19 Pandemic
Now that the President has declared a national state of emergency and many states have followed suit by canceling schools and events, it’s safe to say that the COVID-19 pandemic…
Healthcare Industry in Flux With Even More Closures and Bankruptcies
In a pattern that has become routine, and one that seems more dangerous than ever with an approaching pandemic, more hospital systems in the United States have filed for bankruptcy…
More Hospital Closures on the Horizon
As we’ve discussed before, healthcare facility closures occur on a regular basis. Sinc the beginning of 2020, five different provider groups and one manufacturer have filed for bankruptcy. Since the…
Six Ways to Make Your Hospital More Profitable
In a country where some hospitals are succeeding and growing, while others are in danger of filing for bankruptcy and shutting their doors, there are some things that can be…
Eight Hospitals File For Bankruptcy Protection
A series of recent announcements proved the continuing uncertainty of the medical field. Eight hospitals located throughout the United States filed for bankruptcy protections. Although there are some areas of…
Aged Claims, Federal ERISA Laws, and Procedure Notes: What You Need to Know
Claim denials are one of the most common issues in healthcare. These claim denials can cost hospitals, outpatient surgery centers, and even physician’s offices quite a bit of money every…
