Financial Decision Making

The process of replacing an age-old practice - hand-filled paper notebooks - remains not just a technical challenge but also a social one.

Health systems are struggling with labor shortages and higher costs. Leaders say they are boosting pay and offering incentives to recruit and retain workers, a Kaufman Hall report finds.

At a health conference, executives unveiled new solutions and sent a message that healthcare is the company’s focus.

The gender pay gap is seen among primary care physicians and specialists. Many women physicians say they aren’t being compensated fairly.

The number of transactions this year is on the lower side, but they are bigger deals. And three health system deals were announced within a week.

If they agree to come together, a merger would produce a system with 25 hospitals and more than 26,000 employees. The deal comes during a fairly slow period for hospital consolidations.

About 9 out of 10 groups say they are facing greater demands, according to a survey by the Medical Group Management Association. Prior authorization tops the list.

Researchers found health systems chose to make it easier for patients to get assistance, but a small number imposed more restrictive policies. They also called for more transparency in charity care policies.

Despite some revenue growth, many hospitals are likely to finish the year in negative territory, Kaufman Hall said in its latest report.

A judge has directed the U.S. Department of Health and Human Services to halt cuts to the drug program for 2022. Hospitals have battled the government over the program for years.

Healthcare executives need to take note of these overlooked areas in order to avoid unnecessary costs and frustration.

Most said they are directing some resources to climate change. The health industry has faced growing scrutiny over its environmental impact.

Executives of health systems said they’re reducing services due to losses. Some are closing beds and delaying procedures, while patients are seeing long waits in emergency departments.

About 15,000 nurses engaged in a three-day strike last week. Talks are slated to resume this week, but the nurses’ union and hospitals remain apart on key issues.

It looks to be the worst financial year for hospitals since the pandemic began, according to a new report released by the American Hospital Association.

Health systems are dealing with financial losses and staff shortages. Kristin Pothier of KPMG spoke with Chief Healthcare Executive about managing during economic uncertainty.

A recent court ruling allows plaintiffs to file suits in counties where juries give bigger awards. Pennsylvania hospitals and doctors say it will drive up costs and limit access to healthcare.

A survey of chief information officers reveals they’re worried about the pressures on their IT staff.

The latest Kaufman Hall report found more bad news, with declining volumes and higher expenses. Hospitals could be on pace for their 'worst financial year' in a long time.

A new survey by McKinsey & Company outlined some of the facets that go into better supply management and areas of improvement.

ChristianaCare and Prospect Medical Holdings, owners of Crozer, announced the talks ended without an agreement.

In an interview with Chief Healthcare Executive, Thomas says the deal offers the chance to expand more services to Mississippi and helps extend Ochsner’s reach. Rush is now known as Ochsner Rush Health.

The group joins hospitals in asking the Biden administration to continue the designation beyond October. At the same time, the CDC is easing some of its guidance.

The workforce will take at least four years to reach pre-pandemic levels, unless federal and state officials provide more funding, according to a new report.

The high court ruled that Medicare improperly reduced reimbursements in the federal drug discount program. Hospitals are pushing the government to cough up the money.

Even with some improved financial performance in May, the outlook for the rest of the year remains uncertain, the firm says.

HCA Healthcare and Steward Health are dropping plans involving the sale of five hospitals, while RWJ Barnabas Health and Saint Peter’s have called off their effort to merge.

The American Hospital Association is pressing the government to stop additional sequester cuts slated to take place July 1.

The study finds very low adherence to a federal law compelling hospitals and health systems to offer more information on prices for consumers.

Only a handful of executives surveyed said they were completely satisfied, according to a poll conducted by Strata Decision Technology and the Healthcare Financial Management Association