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In Seeking Investigation, Bondholder says Mercy Iowa City to Become ‘Behavioral Health Hospital’
Accusing Mercy Iowa City of shifting blame for its “prolonged” financial deterioration that preceded “a bankruptcy fire sale process for a mere $20 million,” bondholders have asked a judge to appoint an examiner to investigate the hospital’s downfall and answer key questions.
How the Sausage Gets Made: Inside CMS’ Home Health Payment Rulemaking Process
The final rule’s provisions and updates determine what the Medicare home health landscape will look like for the foreseeable future, but sometimes providers aren’t well-versed on the ins and outs of the rule-making process.
PE-Backed Mental Health Providers’ Commercial Insurance Focus Leading to Head-Turning Earnings
An analysis of companies tracked by the data firm PitchBook, in partnership with Definitive Healthcare, finds that commercial health plans represent 92% of total charges and 86% of claims.
Health Systems Ride the Outpatient Wave
Outpatient surgical volumes are expected to grow 18% over the next decade to 109.5 million cases, according to a report, with total joint replacements and spinal fusions leading the way.
NLRB Says HCA Healthcare ‘Unilaterally Implemented’ Pandemic Pay Program Without Union’s Input
The National Labor Relations Board ruled that three southern California hospitals operated by HCA Healthcare improperly implemented pandemic pay programs in 2020 by not first reaching out to unions representing workers at those sites.
A Private-Equity Primer for Health Care Organizations
Health care costs, which account for about 20% of U.S. gross domestic production, are a major force in driving innovation in the field. And increasingly, provider organizations are exploring innovation investing as part of their strategy to transform operations, the American Hospital Association reports.
3 Ways PE Investors Can Protect Themselves in Healthcare
As private equity firms’ investment in the healthcare industry has grown exponentially over the last decade, government enforcement efforts targeting private equity investors have responded accordingly in recent years. Here’s what it means for private equity investors.
Addiction Treatment Viewed as Behavioral Health’s Top Expansion Area
That’s according to a new survey from Kipu and Behavioral Health Business, which included answers from 164 clinical and administrative staff members, C-suite level executives and others about the changing landscape of the behavioral health industry.
Health Chains Could Bring 3 Bankrupt California Hospitals Back to Life
The three are among a handful of hospitals that in the past year or so publicly announced their financial troubles. The state responded this spring with a $300 million interest-free loan program that can provide emergency funds
AdventHealth Sues MultiPlan for Alleged ‘Cartel’ with Health Insurers to Fix Prices
AdventHealth alleges providers have lost at least $19 billion per year as a direct result of MultiPlan’s anticompetitive agreements with major payers, including UnitedHealth, Aetna, Elevance, Centene, Cigna, Humana and a number of Blue Cross Blue Shield insurers.