News

Healthcare CEOs lead in pay growth again

For the second consecutive year, healthcare CEOs in the Standard & Poor's 500 index were compensated millions of dollars more than their counterparts in other industries, according to an Associated Press/Equilar analysis.

Milliman: It now costs more than $25K a year to insure a typical family

The cost of healthcare coverage for an average household has topped $25,000 annually, according to a new report by Milliman.

 

Many hospitals, systems report financial downturns due to EHR implementations

The implementation of electronic health records systems on a large scale has damaged the bottom lines of many major healthcare organizations, Among them, according to Becker's Hospital Review, are heavyweight hospitals and healthcare systems such as the University of Texas MD Anderson Cancer Center in Texas and Partners HealthCare, the predominant provider network in Massachusetts.

Arizona Supreme Court: Hospitals don't have to return payments from Medicaid patients

Arizona's Medicaid program has won a narrow legal victory in state court regarding its ability to file liens against patients if they were hospitalized due to a personal injury and received a payment from a third party for damages.

ACEP sues feds over out-of-network emergency patients

The American College of Emergency Physicians has filed a lawsuit against the Department of Health and Human Services over emergency reimbursement rules it says run the risk of insufficient payments.

National payment rate could improve healthcare value

To establish a truly value-based system, the healthcare industry must establish a national payment rate based on the nation's top providers' care costs, argues a Health Affairs blog post.

Hospital systems help form green group purchasing organization

Several major hospital chains have started up a group purchasing organization for providing environmentally friendly products to hospitals and other providers.

Survey: More than half of ACOs will leave if excluded from alternative payment models

Most accountable care organizations reported "significant" ongoing costs of operation and even more plan to leave the program if ACOs are excluded from a federal list of alternative payment models proposed as part of the implementation of the Medicare Access and CHIP Reauthorization Act.

The imposing cost of a single opioid overdose

The cost of a single opioid overdose is significant for both the healthcare system and the patient, according to the MetroWest Daily News. Costs include expensive ancillary services such as ambulance rides, the administration of drugs and inpatient drug treatment programs after a clinical recovery.

If enacted, Clinton's 'Medicare for some' proposal may help hospitals

I'm not sure what to make of 86-year-old William Hager, who almost certainly will spend what remains of his days behind bars for shooting and killing his 78-year-old wife. He claimed the couple...

Senators lobby CMS over site-neutral payments

Fifty-one United States Senators have asked the Centers for Medicare & Medicaid Services to closely consider its payment rules for outpatient centers operated by hospitals off their campuses, AHA News Now reported.

Massachusetts ballot proposition to equalize hospital payments could be disastrous

A union-backed ballot initiative to equalize payments to hospitals in Massachusetts is raising significant concerns both within and outside the provider community. If passed by voters later this year, no hospital would be paid more than 20 percent above the statewide average for any medical procedure, according to The Boston Globe.

Oregon hospitals to furnish price estimates

Oregon's hospitals have been the latest to join the price transparency bandwagon, although like most states, in a very limited fashion.

Drug charities play role in driving up costs

Pharmaceutical companies that have been buying up rights to old-line drugs are also contributing to charity assistance programs to not only provide cover for their business practices, but to help boost sales, according to Bloomberg Businessweek. And those programs are benefiting richly from such practices.

Chris Christie tells NJ hospitals to spend state funds on substance abuse treatment

New Jersey Gov. Chris Christie wants a more concrete commitment from the state's hospitals regarding their treatment of substance abuse patients or will slash reimbursements for uncompensated care, according to NorthJersey.com.

ER physicians struggle with another challenge: Huge debts

Emergency room physicians are in demand, but soaring medical education debt has cast some doubts on how well the pipeline will be supplied in the coming years.

Mental health services lead U.S. spending outlays

The costs to treat mental health disorders far outstrips that of other medical conditions, according to a new study published in Health Affairs.

Non-profit hospital systems often under pressure to behave like for-profits

Non-profit hospital systems are coming under increasing pressure from the investor community to behave more like for-profit operations, providing a level of transparency that would be closer to that of a publicly-traded firm, The Wall Street Journal reported.

Inpatient care--not the ER--drives homeless patient costs

Homeless patients' hospital stays for chronic conditions cost organizations more than those patients' emergency room visits, according to the Boston Herald.

Care at critical access hospitals can be better and cost less

It is actually safer and less expensive to undergo some common surgical procedures at critical access hospitals, according to a new study published in the Journal of the American Medical Association.