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Select Medical Holdings Corporation Announces Results For Its Fourth Quarter and Year Ended December 31, 2020 News provided by Share this article Share this article MECHANICSBURG, Pa., Feb. 25, 2021 /PRNewswire/ Select Medical Holdings Corporation ( Select Medical, we, us, or our ) (NYSE: SEM) today announced results for its fourth quarter and year ended December 31, 2020. For the fourth quarter ended December 31, 2020, revenue increased 6.2% to $1,460.5 million, compared to $1,374.6 million for the same quarter, prior year. Income from operations increased 45.4% to $163.3 million for the fourth quarter ended December 31, 2020, compared to $112.4 million for the same quarter, prior year. Income from operations included other operating income of $36.2 million related to the recognition of payments received under the Provider Relief Fund. Net income increased 134.1% to $102.2 million for the fourth quarter ended December 31, 2020, compared to $43.7 mill ....
March 2, 2021 - CA US Mentorhealth Phone:8003851607 Overview: In 2013, The US Department of Health and Human Services made major changes to rules implementing The Health Insurance and Portability Act of 1996 (HIPAA) and Health Information Technology for Economic and Clinical Health Act of 2003 (HITECH). Among the many areas impacted by these rules (billing, marketing, research, IT security, etc.) is fund raising. The amendments significantly modify the methods and practice that hospitals, their institutionally related foundations, and other healthcare charities may or must employ when using ANY patient or client information for fund raising. ....
The state of Virginia might be the next state to enact a privacy law. Senate Bill No. 1392 recently passed the Senate and is likely on its way to Governor Ralph Northam’s desk. ....
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HIPAA Shannon B. Hartsfield To date, there has been little consistency in how Health Insurance Portability and Accountability Act (HIPAA) requirements are enforced by the U.S. Department of Health and Human Services (HHS), or the amount of settlements or penalties. In Univ. of Texas M.D. Anderson Cancer Ctr. v. U.S. Dept. of Health and Human Servs. No. 19-60226, 2021 WL 127819 (5th Cir. Jan. 14, 2021), the court vacated significant penalties against M.D. Anderson Cancer Center (M.D. Anderson) in a manner that could lead to changes to HIPAA enforcement in the future. The court found that HHS decision to fine M.D. Anderson $4,348,000 was arbitrary, capricious, and contrary to law. ....