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The Fastest-Growing Behavioral Health Providers’ Secret Sauce
In mid-August, 36 behavioral health companies appeared on the Inc. 5000 list of the fastest-growing companies in the U.S.
Creditors Seek Involuntary Bankruptcy for Owner of St. Louis Hospital
South City Hospital, formerly known as St. Alexius, closed last month after battling financial troubles for years.
Legislation Could Add More Scrutiny to Healthcare Mergers
The lawmakers say the bill would require the U.S. Department of Health and Human Services to examine how the regulatory process is affecting healthcare mergers. The department would be required to produce annual reports to Congress to determine if Medicare payment rules are affecting consolidation.
FBI Dismantles Qakbot Malware Targeting Hospitals
Using command-and-control infrastructure to carry out attacks globally, Qakbot enabled the most prolific ransomware groups to cause losses in the hundreds of millions, said FBI Director Christopher Wray.
CMS Rolls Out All-Payer Cost Control Initiative Featuring Behavioral Health Integration
It is an 11-year total cost-of-care reduction model meant to give state governments the tools to reduce spending and increase quality.
Humana Sues HHS Over Medicare Advantage Audits
Humana is suing the HHS over federal regulators’ plan to audit Medicare Advantage payments in the first legal challenge to the rule, which is an effort to claw back billions from health insurers.
Health Systems Notch Big Wins with Their IT Investments
Many forward-thinking hospitals and health systems are finding significant clinical, financial and operational ROI for their efforts.
Hospital Profitability: Kaufman Hall Report
The report includes data from more than 1,300 hospitals across the U.S
HSHS Warns of Fake Patient Bills Amid IT Incident
Springfield, Ill.-based Hospital Sisters Health System warned patients of potentially fraudulent attempts to collect on fake hospital bills after a cybersecurity incident in late August
St. Margaret’s Files Chapter 11 Bankruptcy for Peru, Spring Valley (IL) Hospitals
Among the top in-state creditors are the Illinois Department of Healthcare and Family Services, which is owed $2.5 million, and Blue Cross Blue Shield of Illinois, which is owed $1 million.