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Hospital to Hire Workers Being Laid Off By Conifer

Frye Regional Medical Center in Hickory, N.C., will hire the 81 employees who are set to be laid off by Conifer Health Solutions, the hospital announced yesterday. Conifer had filed a notice with the North Carolina Department of Commerce announcing the layoffs. The announcement is a requirement that provides at …

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Conifer Closing Debt Collection Operation at NC Hospital

Conifer Health Solutions, a unit of Tenet Healthcare, will lay off more than 80 workers as it plans to stop its debt collection operation at Frye Regional Medical Center in Hickory, N.C., according to a published report. The company filed a notice with the state’s Department of Commerce, indicating that …

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Tenet to Sell Conifer, Its Revenue Cycle Management Unit

Tenet Healthcare has announced it is looking to sell its Conifer unit, a revenue cycle management company. Tenet said it has hired Goldman Sachs to help advise it on a sale price for Conifer, which manages debt collection processes for nearly 800 hospitals across the country, including the 77 owned …

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How Hospitals Are Getting Better At Collections

For Tenet Healthcare Corp., collecting on debts is far more profitable than trying to cure sick people. A feature in Bloomberg BusinessWeek delves into how Tenet is selling hospitals because they aren’t profitable, but keeping those facilities as clients of Conifer, a revenue cycle management company, which has profit margins …

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