Sonoma West Medical Center defaults on millions in loans

http://www.pressdemocrat.com/news/5703288-181/sonoma-west-medical-center-defaults?artslide=0&utm_campaign=CHL%3A+Daily+Edition&utm_source=hs_email&utm_medium=email&utm_content=30339721&_hsenc=p2ANqtz-8muQhHSjkzA1SCZi0cVywz8f5avHb4TiGVPAM1UgeeSVGTkKJI2phrE3wbtytYKvxH4ORZvG0-bNDF6tp-o2jLgZKoAQ&_hsmi=30339721

Sonoma West Medical Center confirmed Monday it has defaulted on millions of dollars in loans made to the struggling Sebastopol hospital by its two primary benefactors, raising further questions about its financial viability.

The treasurer for the hospital’s board of directors issued a letter last week warning that Sonoma West could be forced to close without an infusion of money. The warning, however, was questioned Monday night by the board of directors at the Palm Drive Health Care District, which provides financial support to the medical center.

The Ripple Effects Of Medicaid Expansion

http://healthaffairs.org/blog/2016/06/07/the-ripple-effects-of-medicaid-expansion/

Blog_Florida_Medicaid

The 19 states that continue to decline federal funding to offer Medicaid coverage to more uninsured residents are missing out on more than just improvements to their uninsured and uncompensated care rates. In fact, the ability of providers in Medicaid expansion states to deliver care to their most vulnerable patients has notably improved.

Residents of Medicaid expansion states—both adults and children—are more likely to have insuranceand thus more likely to have a usual source of care and less likely to have unmet health care needs or problems paying medical bills. Furthermore, Medicaid expansion has helped the financial bottom line forsafety-net clinics and hospitals because more of their patients can afford to pay for their care.

Former Pacific Hospital CEO and son guilty in $600M fraud scheme

http://www.beckershospitalreview.com/legal-regulatory-issues/former-pacific-hospital-ceo-and-son-guilty-in-600m-fraud-scheme.html

Healthcare Corruption

Owner, CFO of Louisiana healthcare company get prison time for fraud

http://www.beckershospitalreview.com/legal-regulatory-issues/owner-cfo-of-louisiana-healthcare-company-get-time-for-fraud.html

Fraud

Barbara Sadler, the 63-year-old owner of Extraordinary Care Network, a Baton Rouge, La.-area attendant care services company, has been sentenced to 44 months in prison for her role in a scheme to defraud the Louisiana Medicaid program of more than $1 million, according to the Department of Justice.

The company’s CFO Sedric C. Blakes, 42, has been ordered to spend three years behind bars for his role in the scheme.

Are You Guilty Of Negligent On-Boarding?

http://www.eremedia.com/tlnt/are-you-guilty-of-negligent-on-boarding/?utm_source=hs_email&utm_medium=email&utm_content=30328852

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Negligent on-boarding is the #1 cause of costly, short-term employee turnover. In essence, negligent on-boarding is wasting the time and money spent to recruit and hire new employees by not giving them the guidance, tools, training, time, and attention they need to become productive, committed, engaged members of the team.

GE Healthcare, Accenture promise to transform claims processing

http://www.healthcaredive.com/news/ge-healthcare-accenture-promise-to-transform-claims-processing/419612/

http://realmoney.thestreet.com/articles/05/20/2016/ge-accenture-announce-plans-transform-health-care-claims-market

 

Demand for short-term health insurance policies continues to grow

http://www.healthcaredive.com/news/demand-for-short-term-health-insurance-policies-continues-to-grow/419700/

Short-term health insurance policies continue to increase in demand even though they don’t include benefits such as prescription drugs or maternity coverage, can reject applicants based on their medical history, according to a report from The New York Times. This is also the kind of plan the Obama administration had hoped to get rid of with the ACA. Purchasers of these temporary policies are usually filling a coverage gap and need a basic policy to cover an emergency without the higher costs of regular health policies.

Pursue Healthcare Strategic Partnerships With Caution