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Financial Issues Threatening Rural Hospitals: Report

Like companies in the credit and collection industry, rural hospitals have been facing a crisis and consolidation in recent years, but there might be an opportunity for collection agencies to help those facilities as that crisis is expected to worsen, according to a report that was released yesterday. More than …

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Hospital Group Acquires RCM Blockchain Startup

Providence St. Joseph Health, which operates more than 50 hospitals and healthcare facilities in the Western United States, yesterday announced the acquisition of Lumedic, a Seattle-based revenue cycle management company based on blockchain technology. Terms of the deal were not disclosed. The healthcare organization said it plans to use the …

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Bill Proposed in Colorado to End Balance Billing

A Colorado state Senator has introduced a bill that would limit how much individuals can be charged when visiting out-of-network physicians and hospitals in emergency situations. The objective behind the bill is to eliminate what is known as “balance billing,” which occurs when a patient receives a bill for a …

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Hospital Prices Skyrocketing, And Not Likely To Slow Down

Maybe there is a logical reason why the amount of medical debt is spiraling out of control. And maybe the logical reason is completely illogical. Hospitals are now required to post their prices online, in an effort to improve transparency and to give individuals more information when making decisions about …

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