Report: Delayed or missing payments increased for hospitals in first quarter
Hospitals and health systems nationwide saw a sizable increase in delayed or missing payments in first quarter 2024, according to a report released May 10 by Strata on health care performance trends.
"A recent, large-scale disruption to payment processing services contributed to the shortfall," the report notes. "Depending on the size of the hospital, estimated gaps in expected versus actual revenue ranged from 16.5% to 17.9% of payments for the first three months of 2024."
A cyberattack Feb. 21 disrupted a number of systems and services operated by Change Healthcare, a health care technology company owned by UnitedHealth Group.
Related News Articles
Headline
AHA Board Chair-elect Tina Freese Decker, CEO of Michigan-based Corewell Health, May 21 addressed more than 400 hospital and health system leaders and…
Headline
The Department of Health and Human Services' Advanced Research Projects Agency for Health May 20 announced the launch of a $50 million cybersecurity program…
Headline
The Cybersecurity and Infrastructure Security Agency along with international agencies May 14 released guidance for high-risk nonprofit and other resource-…
Headline
AHA urged leaders of the Senate and House Appropriations Subcommittees on Labor, Health and Human Services, and Education to give favorable funding…
Headline
The RAND Corporation May 13 released its latest hospital pricing report, which focuses on prices paid for care at the hospital and service-line level. In…
Headline
The Federal Bureau of Investigation, Cybersecurity and Infrastructure Security Agency, Department of Health and Human Services, and Multi-State Information…