Financial Decision Making

Health systems saw drops in volume and revenue in April, according to the latest monthly report from Kaufman Hall. The outlook isn’t that promising for the rest of the year.

Many health systems won’t see normal supplies this summer. Hospitals must plan wisely to manage supplies of the dye used in imaging, and other key items.

Per-person spending dipped with many consumers using healthcare less in the early months of the pandemic. But health spending rose over a 5-year period.

The hospital pricing study found wide ranges in costs at different hospitals. The American Hospital Association said the report jumps to ‘unfounded conclusions.’

Health systems are delaying tests due to a shortage of contrast dye used in many imaging procedures. Hospitals may not see normal supplies until well into the summer.

Billions in federal aid kept many hospitals afloat, including smaller providers and rural hospitals, Johns Hopkins researchers found.

A new Kaufman Hall report says increased labor costs have added to the financial challenges facing American health systems. Healthcare leaders will have to find ways to recruit and retain workers.

Borrowing costs are rising after the Federal Reserve raised its benchmark rate for the second time in two months. Hospitals are facing financial headwinds on a number of fronts.

The latest Kaufman Hall report indicates health systems are rebounding somewhat after a very difficult start to the year, but they have a long way to go.

Researchers found that less than half of 61 cancer centers studied were complying with federal regulations on price disclosures. Some cancer centers also had substantial markups.

There are ways to improve collections without exhausting your workforce.

Hospitals are paying far more for labor and supplies compared to pre-pandemic times, according to a new report from the American Hospital Association.

Hospitals are under more pressure to reduce emissions and make better choices in the supply chain. Gary Cohen, president of Health Care Without Harm, recently outlined ways health systems can make changes.

The government plans to raise the Medicare inpatient prospective payment system rates by 3.2% in the 2023 fiscal year. The American Hospital Association says the projected loss of other aid would mean hospitals could see less money.

In its annual report, Trella Health outlined the opportunities and hurdles ahead for home health, skilled nursing and hospices.

As Earth Day approaches, health systems should reduce the impact of their goods and services. The hospital supply chain is filled with opportunities for improvement.

The Biden administration is asking many healthcare providers to submit data on their bill collection practices.

Turnover rates are moving closer to levels before the COVID-19 pandemic, a new study finds. But the recovery isn’t consistent among all groups.

Financial leaders of healthcare systems outlined some of the challenges in reducing unexpected bills in a new survey.

Automation helps drive efficiency and is cost-effective.

Hospitals with a higher share of Medicare patients performed worse financially and were more likely to face closure or acquisition.

Purchasing the real estate you already occupy, or even a new space or building, could be a great opportunity to impact your future finances and significantly build your net worth.

How can stakeholders navigate the shift from volume to value in healthcare? Second of two parts.

The center of the change in healthcare is a punctuated shift from volume to value. First of two parts.

From planned to unplanned healthcare costs, the uncertainty around paying for care has become a significant factor delaying many from getting the treatment they need when they need it.

A McKinsey survey shows four in 10 consumers do not believe their finances will return to normal until late 2021 or early 2022.

News in orthopedics, technology, and neurodiagnostics.

Besides the ability to ramp up quicky, healthcare leaders are looking for systems that can accommodate remote work—and some predict that certain workers who fled offices due to COVID-19 will never return to traditional settings.

HHS' formula for the Provider Relief Fund based payouts on 2019 revenues, but did not require refunds if losses failed to materialize.

Investigators at the Office of Inspector General identified trends in hospital billing and Medicare payments for stays at the highest severity level.