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M&A Activity in Healthcare Space Stays Red Hot

The trend that all collection agencies who work in the healthcare sector have endured for several years now continued to worsen in 2018, as the number of merger and acquisition deals among hospitals increased 14% from 2017’s totals, according to a report issued by PricewaterhouseCoopers (PwC). There were 1,182 deals …

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Number of Americans Without Health Insurance Keeps Climbing

The number of Americans without health insurance continued to climb in 2018, and has increased by nearly 30% in the past two years. That increase corresponds to about 7 million additional Americans who do not have health insurance, according to data released yesterday by Gallup. Nationwide, 13.7% of Americans had …

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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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