Billing Archives - DR News - News, Retirement, Finance

Cyberattack Continues to Disrupt Healthcare Billing Across the US

Washington, D.C. – Following a cyberattack that disrupted insurance processing at pharmacies nationwide, healthcare professionals in Maryland and New York are still grappling with the aftermath, impacting their businesses and potentially diminishing their revenue. Psychotherapist Raeya Disney from Maryland expressed concerns about the billing outage potentially forcing her to give up her office space. With manual billing now in place, she remains hopeful of receiving payments to sustain her practice. Allergist Purvi Parikh, based in …

Surprise Billing Ban Leads to Spike in In-Network Insurance Claims

As insurance claims in Houston, Texas skyrocketed after the ban on surprise medical billing took effect, a new analysis reveals. The No Surprises Act, which aimed to protect patients from unexpected and potentially high medical bills, has had unintended consequences. According to data, in-network insurance claims have sharply increased since the ban went into place, as providers now have less incentive to negotiate lower rates with insurers. The ban on surprise medical billing has sparked …

Connecticut Leader Calls for Fair Hospital Billing Reform to Address Soaring Health Care Costs

Hartford, Connecticut – Access to affordable healthcare continues to be a major concern for many Americans, especially those in historically marginalized communities and people of color. Ayesha Clarke, a Hartford native and the executive director of Health Equity Solutions, is dedicated to advocating for better health care policies and addressing the exorbitant costs that hinder many individuals from receiving the medical care they need. One of the primary issues contributing to the high cost of …

Cyberattack on Health Billing Clearinghouse Sparks Redundancy Plans for Arkansas Hospitals

Little Rock, Arkansas – A recent cyberattack on a major health care billing clearinghouse in the United States has caused significant disruptions for several Arkansas hospitals. The attack targeted Change Healthcare, which served as the sole billing claims processor for UAMS Medical Center, resulting in a cash flow crisis for the hospital while Change’s systems were offline. In response, other facilities like Washington Regional Medical System and CARTI had to find alternate routes for their …