Retired hospital CEOs often stay with the institution in a well-paid emeritus position, the New York Times reports. But such a practice has come under criticism.
"Community benefits" is one of those terms that often gives hospital finance executives indigestion.
The vast majority of hospital community benefits--around 85 percent--go to charity care, according to a wide-ranging study of hospitals published in the April 2013 edition of the New England Journal of Medicine. But the leadership at many hospitals want to go beyond just covering the bills of poor patients to be good stewards of the community. And non-profit hospitals are also coming under pressure from state and federal lawmakers to justify the huge income and property tax exemptions they get in lieu of serving the community.
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Despite a nationwide slowdown on healthcare spending, a new study by healthcare economics consulting firm Dobson DaVanzo shows that consumers now spend more on healthcare through higher out-of-pocket expenses and premium costs.
A hospital in rural Iowa is partnering with a Des Moines surgeon to compete with its urban counterparts, according to the Des Moines Register.
Mergers and acquisitions are an inevitable part of hospital operations and healthcare delivery for the foreseeable future, but executives need to keep a cautious eye on potential pitfalls that can occur while pulling a merger offer, according to J.D. Supra Business Advisor.
The public hospitals previously operated by the Louisiana State University healthcare system spent significantly less than budgeted for indigent care in the just completed fiscal year, but lawmakers wonder whether uninsured patients are merely seeking treatment at other hospitals, the Associated Press reported.
New Jersey's state health commissioner put forth a proposal that would require all hospitals in the state to publicly disclose their financial data, the Newark Star-Ledger reported.
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The Centers for Medicare & Medicaid Services, evidently concerned about some of the negative outcomes involving intrusive pop-up clinical decision support alerts, has issued a tip sheet and answers a FAQ to clarify that the Meaningful Use incentive program is not limited to this type of notification.
Forthcoming legislation set to be introduced by Rep. Mike Thompson (D-Calif.) looks to expand Medicare coverage for telemedicine beyond what the Centers for Medicare & Medicaid Services proposed earlier this month in its update to the Medicare Physician Fee Schedule.