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Affiliated Financial Services

Financial solution for the Affiliated Hospital of Jining Medical College, China

Within the Chinese market Siemens is almost the only multinational company that can provide financial services and technology as one complete ...

DH Again Finishes With Deficit

— A flash flood of red ink swept over Dartmouth-Hitchcock at the end of its fiscal year after the last-minute discovery of problems arising from makeovers in back-office operations and flawed financial projections, D-H officials said on Monday.

D-H posted a $22.6 million operating loss for the quarter that ended June 30, according to unaudited results that became public on Friday in a database on the website of the Municipal Securities Rulemaking Board.

The fourth-quarter loss erased a positive, albeit tiny, operating margin posted for the first three quarters of the year and left the operator of northern New England’s largest hospital and clinic system with a $12.2 million deficit for the full year.

“The deficit was not expected,” D-H spokesman Rick Adams said.

Hospital management will take several steps to respond to the deficit, according to Adams.

“Non-essential expense items will be delayed and hiring will be held to only essential positions,” Adams said. But an $11 million commitment to fund a merit raise program that was announced last week will be met, he said.

This bill aims to ensure churches can help people pay medical bills

.- Sponsors of a proposed bill in the U.S. Congress say that churches are not able to help pay people’s insurance premiums in 38 states, but is that really the case?

“There’s nothing actually that prevents the church now,” JoAnn Volk, project director at Georgetown University’s Center on Health Insurance Reforms, told CNA. “If you wanted to just help someone pay their bills, there’s nothing that prevents that.”

A proposed bill in Congress – H.R. 3742, the Access to Marketplace Insurance Act – states that non-profits can offer premium assistance to people with health plans on the state exchanges set up under the Affordable Care Act.

“People with chronic, rare, and acute diseases have the right to get the help from third party organizations, and insurers have no sound reason to deny these payments,” Rep. Randy Hultgren (R-Ill.), one of 94 co-sponsors of the bill, stated.

The reason for the bill, according to Hultgren, is that under the health care law “the Centers for Medicaid and Medicare Services released an interim final rule which gave authority to insurers to deny non-profit charities from providing premium assistance.”

Has anyone had a phone call from a group called Affiliated Financial Services?

They claim to be able to reduce my interest rate on my credit card by a one time payment of $995. It sounds like fraud to me, but I need a little bit of guidance. Help?