Medical staff costs unsustainable, warns AHA
Labor costs and low morale are looming emergencies for medical systems revenue cycle directors in 2022. Doctors and nurses are suffering burnout and quitting or reducing hours. These medical staff…
ERISA Recovery: EMR and EHR Conversion Specialists
One of the most daunting challenges medical practices face is when they change systems for managing patients’ data during an electronic medical record (EMR) conversion. If the EMR conversion is…
What is the ERISA appeals process, and why is it important?
Insurance companies conduct business based on the premise that their policies are the last word on whether they pay or deny a healthcare claim. This assumption, however, is false. The…
Hospital Claims Recovery More Important Than Ever for 2021
Delta variant destabilizes healthcare planning: With the spread of the more contagious delta variant, Covid-19 cases spiked almost 70 percent in the last week (www.washingtonpost.com/…covid-cases-rising/). The public health crisis continues…
Protected: With Hospitals’ Revenue Dropping By Half How Are They Expected to Recover?
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COVID-19’s Rising Number Of Patients Does Not Equal More Money
While the COVID-19 pandemic flooded hospitals with patients in 2020, healthcare systems did not benefit financially. In most businesses, more customers mean more money. In the case of hospitals, those…
Hospitals May Be Expected to Cover Costs of COVID-19 Vaccines
2021 is here and with a new year, there’s word of COVID-19 vaccines making their way throughout the United States. While rollout is slower than expected, about 5 million people…
Medicaid Expansion And What It Means For The States That Opted For It
Medicaid expansion has affected hospitals’ finances. This is according to research found in a study conducted by the Urban Institute. The data used was collected from the American Hospital Association…
Resource Constraints Prevent Healthcare CFOs From Reducing Costs
Reducing costs is important in any industry, but especially in the healthcare field. While reducing costs is currently a top priority for healthcare CFOS, the lack of sufficient data and…
32 Hospitals Have Filed for Bankruptcy This Year – Here’s How to Prevent Yours From Being Next
Recently, additional hospital bankruptcies have hit the news. With the pandemic still raging on and emergency rooms and wards becoming overcrowded, you’d think that hospitals would have a steady flow…
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