Telehealth utilization drastically increased during the COVID-19 pandemic. Telehealth fraud dramatically increased too. On July 20, 2022, HHS’ OIG and the Department of Justice (DOJ) announced criminal charges against 36 telehealth companies totaling $1.2 billion for telehealth fraud that they look to recover.
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The headlines about cyberattacks are constant and the costs to organizations and communities are high. Breaches disrupt operational stability and put patients at risk, so it’s no surprise that increasingly savvy healthcare consumers are thinking twice about who they trust with their data.
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During Epic implementations, system assessments and optimization projects, we frequently find the Epic watch list section of the hospital billing overview dashboard is missing accounts, creating an Epic “black hole.”
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A hospital’s ability to finance operations and expand depends on its capacity to obtain funding. Even the most profitable, well-run organizations use debt as a financial tool for growth and sustainability. But a credit rating downgrade can put substantial pressure on these efforts.
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