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 President and CEO Rick Pollack was recently a guest on Pinkston's "To the Point" podcast to discuss the future of U.S. health care, touching on a range of…
Headline
The Cybersecurity and Infrastructure Security Agency, FBI and other federal agencies have created a webpage with the latest cyberthreat updates and information…
Headline
The Cybersecurity and Infrastructure Security Agency Oct. 31 issued an alert on a large-scale spear-phishing campaign targeting organizations in several…
Headline
The Health Sector Cybersecurity Coordination Center on Oct. 28 released a report on the "Miracle Exploit," a set of critical vulnerabilities affecting Oracle…
Headline
A new AHA Cyber Intel blog by John Riggi, AHA’s national advisor on cybersecurity and risk, examines current trends and challenges in health care regarding…
Chairperson's File
Cyberattacks are increasing and expected to reach record numbers in the U.S. by the end of 2024. Although no field or industry is immune from attacks that…