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
Leaders of the Five Eyes cybersecurity agencies, consisting of Australia, Canada, New Zealand, the United Kingdom and the United States, released a joint…
Headline
President Trump issued a memorandum June 12 on cybersecurity governance for national security systems used by federal agencies. The memo re-establishes and…
Headline
The Centers for Medicare & Medicaid Services June 11 released guidance detailing plans to implement new guidelines and standards for determining budget…
Headline
The Cybersecurity and Infrastructure Security Agency and other federal agencies released a fact sheet June 2 on malicious cyber activity targeting U.S.-based…
Headline
The FBI and international agencies have released an alert on Chinese military intelligence services using professional networking sites and online job…
Headline
The White House issued an executive order June 2 on cybersecurity efforts regarding artificial intelligence. The order instructs federal…