In mid-March, King of Prussia, Pa.-based Universal Health Services named Michael Coffey CFO of its Phoenix-based Valley Hospital, a private psychiatric hospital that specializes in chemical and mental dependency care. Along with cutting costs, Mr. Coffey told Becker’s that, in his new role, he is zeroing in on a behavioral health industry challenge: fraudulent enrollment in ACA exchange plans. He said over the last six to eight months, some patients had been incorrectly signed up for exchange plans, which created a conflict between Medicaid and commercial insurers over payment responsibility.
Read the full article: The No. 1 Behavioral Health Challenge on This CFO’s Mind //
Source: https://www.beckershospitalreview.com/finance/the-no-1-behavioral-health-challenge-on-this-cfos-mind