Financial Decision Making

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

Health systems can boost the performance of ambulatory surgical centers with advanced remote patient monitoring and postoperative telerehabilitation solutions.

Some nursing homes aren’t accepting new patients due to staffing shortages. A new study examines the costs and suggests contingent staffing could be a more affordable remedy than some expect.

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.