Lewiston, Maine-based St. Mary's Health System, a member of Knoxville, Tenn.-based Covenant Health, is laying off 31 employees and reducing working hours for additional employees.
In an effort to address financial challenges and ensure long-term sustainability, the health system, which includes a 233-bed acute care community hospital, will also end 2023 with a negative operating margin. The pandemic, low patient numbers and revenue, rising supply and labor costs were also listed as reasons for the layoffs.
The underpayment recovery platform was designed to help hospitals & other medical facilities recoup millions from underpayments by insurers.
They only engage remittance files that clients expect no further revenues. Therefore, their services compliment all other RCM efforts and provides new revenues…100% of the time.
Larry G. Potter
Senior Underpayment Recovery Advisor
Lgpotter33@gmail.com
No comments:
Post a Comment