Similar services for mental health are reimbursed differently according to the treatment setting, a report finds. Mental health services also involve more out-of-network coverage than other healthcare.
New Jersey padded its Medicaid bills by $600 million over a dozen years by seeking reimbursement for public worker pensions that the state never paid and inflating the pay rates, according to an Inspector General audit.
A wave of hospitals and other medical companies are likely to restructure their debt or file for bankruptcy in the coming year, following the recent spate of failing retailers and energy drillers, according to restructuring professionals.
A decade after the University of Miami purchased a 560-bed hospital across the street from its medical school campus in downtown Miami, UM is struggling to turn a profit at the facility as operating expenses skyrocket and patient admissions dwindle.