Two rural Catholic hospitals in Illinois are closing all operations as of Friday, June 16, due in part to a 2021 cyberattack. St. Margaret’s Health in Peru And Spring Valley will be closing all current operations as of Friday, June 16, according to a notice on the St. Margaret’s Health website.

Billing inaccuracies are estimated to cost hospitals billions annually, but physician-trained artificial intelligence can help hospitals recover millions in lost revenue by reducing denials, according to Dr. Michael Gao, CEO and cofounder of SmarterDx. Gao said he is on a mission to transform the way hospitals bill using artificial intelligence. 

VC partnerships with cutting-edge startups can onboard health system technology to fill gaps in a cost-efficient way, say Michael Hasselberg, the University of Rochester’s chief digital health officer, and Dr. Justin Norden, a partner at GSR Ventures.

Health and Human Services Secretary Xavier Becerra has sent a letter to governors urging them to adopt new flexibilities to minimize avoidable Medicaid coverage losses among children and families.