Glens Falls Hospital has reached a settlement with Cerner over its huge losses when Cerner’s billing system did not work, President and CEO Dianne Shugrue said in an ad in The Post-Star. She offered no details on when the settlement was reached or what the hospital received in it.
Health Catalyst, a $1 billion healthcare data startup, is interviewing banks for an initial public offering, according to multiple sources. The company has hired Goldman Sachs and JPMorgan to lead the IPO process, according to one of the sources. Health Catalyst announced a $100 million equity and debt financing round in early February which it said valued the company above $1 billion.
Did you document your hair-raising rock-climbing trip on Instagram? Post happy-hour photos on Facebook ? Or chime in on Twitter about riding a motorcycle with no helmet? One day, such sharing could push up your life insurance premiums.
Maurice Wysocki, an information technology worker, was looking to branch out on his own as a contractor last year, allowing him a more flexible schedule and sharply reduced hours some months of the year. But then the Poughquag, New York, resident hopped on the federal health care exchange to see how much he would have to pay for insurance for himself, and his wife and two children.
You wouldn't believe what some emergency rooms charge, or maybe you would because you've gotten bills. For example, one hospital charged $76 for Bacitracin antibacterial ointment. One woman who fell and cut her ear and was given an ice pack but no other treatment was billed $5,751. My guest, Sarah Kliff, is a health policy journalist at vox.com who spent over a year investigating why ER bills are so high even with health insurance and why the charges vary so widely from one hospital to the next.
Billing problems at Glens Falls Hospital persisted for more than 20 months after the hospital switched to a new system, workers said. In 2017, the changeover to the system lost the hospital $38 million, according to an independent auditor’s report.