UnitedHealth Group, one of the largest healthcare companies in the United States, faced significant challenges in Q3 2024 due to a ransomware attack on its subsidiary, Change Healthcare. Despite these disruptions, UnitedHealth has demonstrated resilience, maintaining a robust financial outlook and
In an era dominated by digital transformation, the healthcare industry’s persistent reliance on paper checks for patient refunds and other financial transactions stands out as a glaring anachronism. Despite the proliferation of secure and efficient digital payment methods across numerous sectors,
The Boreal Healthcare Foundation's "Equip the Vic" fundraising campaign has received a substantial boost through a generous $150,000 donation from Redhead Equipment. This notable act of philanthropy promises to bring critical improvements to Prince Albert's Victoria Hospital, significantly
The advantages and challenges of developing revenue cycle management (RCM) solutions in-house within a healthcare organization are vast and complex. Particularly, the balance between retaining valuable internal knowledge and managing the higher costs and time commitments compared to collaborating
The Denver Post recently published an eye-opening article on the financial struggles Coloradans face within the healthcare system. According to a survey conducted by the Altarum Healthcare Value Hub, confusion and complexity are prevalent, making it difficult for almost half of Colorado residents
In a groundbreaking move, Advocate Health has announced the cancellation of all judgment liens placed on homes and real estate due to unpaid medical bills. This decision forms a pivotal part of their broader initiative to reform medical debt collection processes, aiming to lessen the immense
