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
The Cybersecurity and Infrastructure Security Agency and other U.S. and international partners July 22 released an updated advisory on Iranian-affiliated cyber…
Headline
Edward You, former FBI Supervisory Special Agent and founder of EHY Consulting, explains why healthcare organizations must look beyond artificial intelligence…
Headline
The Cybersecurity and Infrastructure Security Agency has issued an alert warning of four Microsoft SharePoint vulnerabilities being exploited by cyber threat…
Headline
The White House July 14 announced the establishment of Gold Eagle, a clearinghouse to enhance cybersecurity for critical infrastructure entities that will…
Headline
The Centers for Medicare & Medicaid Services, the Centers for Disease Control and Prevention, and the Department of Health and Human Services July 15…
Headline
The Cybersecurity and Infrastructure Security Agency and other U.S. and international agencies released a joint advisory July 13, warning of Russian cyber…