Five years ago, Boca Raton Regional Hospital in Florida faced a $124 million loss and was close to shutting its doors for good. Today, the 400-bed, not-for-profit hospital can boast of a complete financial turnaround. In this exclusive interview, Rudy Braccili Jr., executive director of revenue cycle services, tells FierceHealthFinance about the reasons behind the hospital's new-found success.
Several California health professionals have formed the Coalition for Quality Hospital Care in response to Tenet Healthcare Corp.'s plan to cancel contracts with independent physicians, according to an announcement from the group. One Tenet hospital spokesperson says the plans are in the nascent stages and that it has included staff physicians in the process.
An affiliate of the Wisconsin Hospital Association released its latest version of its PricePoint price information system for inpatient procedures earlier this week, and it continues to show that provider charges are all over the map.
Hospitals have been accused of using the discounts available as part of the 340B drug discount program to line their pockets with profits. But facilities are also apparently using the money for another purpose: to acquire community oncology practices, OncLive reported.
The Tuscon, AZ-based Carondelet Health Network agreed to pay $35 million to settle charges that it improperly billed the Medicare program between 2004 and 2011 for inpatient rehabilitation services that were not reimbursable.
As patients gain more control over their healthcare and demand more of a role in the decision-making process, hospitals, doctors and front-line workers must engage them in conversations about cost and quality care matters, panelists agreed during an Institute for Healthcare Improvement discussion Thursday afternoon.
In order to boost patient satisfaction and reduce suffering throughout the healthcare continuum, nurses must improve the perception of patient care that they provide every day, according to Advance Healthcare Network for Nurses.
As hospitals and health systems consolidate into large companies that focus more on the bottom line, healthcare leaders must remember the importance of empathy and humanity, according to a blog post from Eric J. Hall, president & CEO of HealthCare Chaplaincy Network in New York, New York.
There's a well-known adage in business that 10 percent of people will never steal, embezzle or commit fraud; 10 percent will always steal, embezzle or commit fraud when they can; and 80 percent will do it under certain circumstances when given the opportunity. That might finally explain what's occurring with electronic health records and billing fraud.
Aetna is closing the doors of its CarePass mobile platform--a unique mobile approach in the insurance industry that garnered widespread support and collaboration from mobile companies, including FitBit-- by the end of the year. It has abandoned all plans for the project.