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Bad Debt at Minnesota Hospitals Keeps Climbing: Report

The amount of bad debt incurred by hospitals in Minnesota increased by 25% in 2017 compared with a year earlier, and stood at $467 million, as more individuals with high deductible health plans are unable to meet their financial obligations, according to a report issued by the Minnesota Hospital Association. …

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Private Equity Firm Expands RCM Investment By Buying Receivables Solutions Specialist

Kriya Capital, a Dallas-based private equity firm that specializes in the healthcare and business-process outsourcing industries, has announced it has acquired Receivables Solutions Specialist Inc., a revenue cycle management firm. Terms of the deal were not disclosed. Receivables Solutions Specialist Inc., based in Natchez, Miss., specializes in occupational healthcare billing …

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Shift in Healthcare Focus Offers Opportunity For ARM Industry

Healthcare providers are increasingly shifting their focus on cutting and managing the costs of operating hospitals and healthcare facilities, according to speakers at a conference this week, and revenue cycle management can play a key role in that conversation. JPMorgan has been hosting healthcare executives for a conference this week …

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