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Kodiak promotes Eric Busch to lead finance and reimbursement team

Kodiak Solutions has promoted Eric Busch to lead its finance and reimbursement business unit. Busch, a senior vice president, takes over leadership of the unit from Derek Bang.

Healthcare finance leader Michael Coggin joins Kodiak Solutions board

INDIANAPOLIS—(January 15, 2025)—Former Lifepoint Health CFO Michael S. Coggin has joined the board of Kodiak Solutions, the company announced.

Kodiak Solutions and Cyber Security Solutions

Kodiak Solutions bolsters cybersecurity risk assessment and incident response in new relationship with Cyber Security Solutions.

Generative AI, Cybersecurity Among Top Risks for Healthcare

Overseeing the use of generative artificial intelligence, enhancing cybersecurity and ensuring compliance with a host of federal healthcare regulations headline the Top Risks health systems face in 2025, according to an annual study by Kodiak Solutions.

Kodiak Solutions selected for IHA Endorsed Business Partner Program

IHA members gain preferred access to Kodiak Solutions’ technology and tech-enabled services for measuring and managing finance department performance.

Medicare Advantage Plans vs Traditional Medicare data analysis

Observation rates for MA beneficiaries in 2024 remain elevated despite a federal regulation that went into effect in January requiring MA plans to cover the same services as traditional Medicare

Final Denial Rate for Inpatient Claims Over 50% more in 2023

Hospitals are seeing a sharp increase in the value of claims that insurers are refusing to pay even after appeals, according to data collected by Kodiak Solutions.

Cyberattack costs hospitals $2 billion a week in cash flow

The cash flow impact of a recent cyberattack on a healthcare claims processor is illustrated by Kodiak RCA data.

Kodiak Solutions Presents 2023 Revenue Cycle Performance Awards

Six health systems receive awards during 2024 Kodiak Solutions Healthcare Virtual Symposium

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Media coverage

Plummeting Patient Collection Rates

For community hospitals, it’s a sign of the need for a different approach to patient financial communication and payment — one that meets patients where they are and protects their dignity while avoiding undue stress on the organization’s bottom line.

Michael Coggin, Board member at Kodiak Solutions

Michael S. Coggin has joined the board of Kodiak Solutions. Coggin is a deeply experienced financial leader for healthcare provider organizations. Most recently, Coggin served as CFO of Lifepoint Health and previously served as Lifepoint’s SVP and chief accounting officer. “Mike brings an invaluable mix of perspectives to the Kodiak board,” Kodiak Founder and CEO Derek Bang said. “Over his career, he has encountered just about every challenge a healthcare finance leader can face."