This week's 5 must-reads for hospital RCM leaders

Here are five articles published by Becker's Hospital Review this past week offering insight into uncompensated care, claim denials, revenue cycle management transactions and more.

1. 340B hospitals provided $26B+ in uncompensated, unreimbursed care: 3 study findings
Hospitals and health systems that participate in the 340B Drug Pricing Program play a crucial role in serving uninsured, Medicaid, Medicare, low-income and other indigent patients, according to a new study.

2. RCM tip of the day: Use an automated solution to tackle claim denials
As healthcare organizations continue to struggle with claim denials, an automated solution can help limit the issue, according to Kevin Lathrop, president of TriZetto Provider Solutions, a Cognizant company. 

3. Cognizant to add RCM offerings with Bolder acquisition: 5 things to know
Cognizant agreed to acquire revenue cycle management company Bolder Healthcare Solutions. 

4. Report: global medicine spending projected to exceed $1.4 trillion in 2022
IQVIA Institute for Human Data Science, formerly the QuintilesIMS Institute, released a report March 13 with its predictions for global healthcare spending for 2018 through 2022.

5. Health IT and RCM sectors saw 164 M&A deals in 2017: 5 takeaways
Greenberg Advisors, a revenue cycle management and health IT-focused investment bank, released its M&A Update analyzing deal activity in the RCM and healthcare IT sectors for 2017.

 

More articles on healthcare finance:

Miami hospital files for bankruptcy: 4 things to know
Moody's: Nursing shortage will pressure hospital margins for years
Wisconsin hospital at risk of losing Medicare contract over injuries to babies

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