Financial Decision Making

The two systems are creating a new organization with 11 hospitals serving patients in Wisconsin, Michigan, Minnesota and Iowa.

The end of the third quarter continued what has been one of the worst years for hospitals, according to Kaufman Hall’s new monthly report.

Physicians and advocates are bracing for reduced reimbursements and another cut due to the sequester, unless lawmakers intervene.

Most say it’s affecting their ability to offer better compensation, according to a new survey. Employers are angry about the price of drugs and hospital costs.

A small number of organizations accounted for the bulk of the spending, according to a new study. Researchers say they may have an outsized role in developing health policy.

The final two months before the next congressional session is known as the ‘lame duck’ period, but health systems want lawmakers to deliver on some key priorities.

The Federal Trade Commission said the deal would lead to higher healthcare costs and lower quality. Federal regulators have applied more scrutiny to hospital deals.

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.