Tagged: medicare

Arkansas Hospital Association's Paul Cunningham: ‘Having a Payer is Always Better Than Not’

by Gwen Moritz 9/1/2014 12:00 am

The Arkansas Hospital Association is in the process of surveying members about the immediate impact of the swarm of newly insured Arkansans, but Executive Vice President Paul Cunningham said the results would probably not be available for another month.

Arkansas Foundation for Medical Care Teams With Aledade To Arm, Reward Docs

by Gwen Moritz 7/14/2014 12:00 am

Aledade is what’s called an ACO, an accountable care organization, a relatively new type of entity established by the Patient Protection & Affordable Care Act for the purpose of improving health care quality while controlling unnecessary spending.

Waiting Room: Medicare Appeals Tie Up Hospitals’ Millions

by Mark Friedman 6/30/2014 12:00 am

Adding to hospital frustration is the way that the RACs, which are private companies, are paid: They have a financial incentive to deny as many claims as possible because they receive up to 12.5 percent of the money recovered.

The Problem With Wanting It All (Robert Coon On Politics)

by Robert Coon 4/30/2014 1:21 pm

We want it all. And for years the government has granted our wish. But with a $17.4 trillion debt and entitlement programs headed down and unsustainable path, it's time to get serious and re-examine our priorities.

Central Arkansas Medical Centers Collaborate, Compete in Tight Health Care Market

by Mark Friedman 4/21/2014 12:00 am

Hospitals in central Arkansas must collaborate to survive, according to St. Vincent Health System President and CEO Peter Banko, who says he doesn’t think Little Rock can support three hospitals.

Signs of $14.7 Million Medicare Fraud from Mountain Home Doctor Date Back for Years

by Mark Friedman 3/31/2014 12:00 am

If Dr. Stacey M. Johnson of Mountain Home had not died earlier this year at 63, he likely would have been charged with overbilling Medicare by $14.7 million, according to a criminal investigator’s affidavit that was recently made public.

UAMS Chancellor Dan Rahn Attacks Red Ink With Balanced Budget Plan

by Mark Friedman 2/17/2014 12:00 am

The University of Arkansas for Medical Sciences had an operating loss of $27.8 million in the first six months of its current fiscal year, a dramatic downturn from an $8.5 million operating gain during the same period a year earlier.

Tax Changes Hit Higher-Income Americans Hardest

by Associated Press 1/21/2014 11:41 am

Higher-income Americans and some legally married same-sex couples are likely to feel the biggest hits from tax law changes when they file their returns in the next month or two. Taxpayers also will have a harder time taking medical deductions this year.

Medicare Monster (Editorial)

by Arkansas Business Editors 10/21/2013 12:00 am

Senior Editor Mark Friedman’s scoop last week about a Mountain Home cardiologist, now deceased, and his Medicare fraud was monstrous in several ways. For one thing, it will be hard to beat as a monster generator of Web traffic at ArkansasBusiness.com. But much more importantly, it allowed readers to see the monstrous truth about Medicare fraud: It’s not patients, it’s providers.

Late Mountain Home Doctor May Have Crafted Largest Medicare Fraud in State's History: $14.7M

by Mark Friedman 10/14/2013 12:00 am

If Dr. Stacey M. Johnson of Mountain Home had not died earlier this year at 63, he likely would have been charged with overbilling Medicare by $14.7 million, according to a criminal investigator’s affidavit that was recently made public.

What Concerns Insurance Commissioner Jay Bradford About Obamacare

by Arkansas Business Staff 9/30/2013 12:00 am

Jay Bradford has more than four decades of experience in the insurance industry, including 30 years as founder, chairman and former shareholder of First Arkansas Insurance Group of Pine Bluff, a statewide network of independent property and casualty agencies. He also served in the Arkansas Legislature for 24 years, where he was chosen both speaker pro tempore of the House and president pro tempore of the Senate. Bradford also served as chairman of the Public Health, Welfare & Labor Committee in both bodies.

White River Health System Preps ER for Health Care Reform

by Mark Friedman 5/20/2013 12:00 am

White River Health System in Batesville is preparing for the possible rush of patients once health care reform is fully implemented next year.

Malvern Hospital Seeks Baptist Health Deal

by Mark Friedman 4/8/2013 12:00 am

Hot Spring County Medical Center of Malvern is in talks to form a partnership with Baptist Health of Little Rock. If the deal is approved by the Hot Spring County Quorum Court, Baptist Health would operate the 72-bed hospital, said HSC Medical Center CEO Sheila Williams.

The Need for Permanence (Rick Crawford Commentary)

by U.S. Rep. Rick Crawford 4/1/2013 12:00 am

Does Congress remember the abysmal failure of the recent past? One in which non-binding budget resolutions and budget control acts not only didn’t eliminate deficit spending for any meaningful period but also arguably opened the door for massive entitlement expansion? I fear not.

Enrollment Period For Medicare Open Through Dec. 7

by Arkansas Business Staff 10/22/2012 12:00 am

The open enrollment period allows current and newly eligible beneficiaries to sign up for benefits or make changes to their existing benefit plans.