News

Hospital CFOs need more data on labor costs

​Hospital chief financial officers must focus on labor cost--both from staff and executives--and ask relevant questions in order to keep costs under control, according to an opinion piece in Healthcare Finance News.

Puerto Rico struggles with low levels of fed provider reimbursement

The federal government pays providers in Puerto Rico a fraction of what their counterparts in the United States receive--about 70 percent lower for Medicaid providers, creating a fiscal crisis.

Hospitals, universities re-evaluate ties amid financial woes

Colleges are rethinking their relationships with their teaching hospitals as they become less profitable, according to the Wall Street Journal.

Feds lean on holdout states to expand Medicaid

The fight over Medicaid expansion in the 20 states that have continued to opt out is heating up, according to Kaiser Health News.

 

Consumers feel pressure from rising healthcare prices

Hospital patients continued to feel increased financial pressure in 2014 due to rising healthcare costs and less access to revolving credit to pay medical bills, according to a new report from TransUnion Healthcare. 

Few take advantage of healthcare price information

Despite concerted efforts by health officials and state governments to increase the public's access to healthcare cost information, few patients take advantage of it, according to a poll from the Kaiser Family Foundation.

Complex observation-status rules complicate patient care

The convoluted nature of Medicare's rules on observation status and follow-up care has significant financial implications for beneficiaries, according to a study from the American Association of Retired Persons

The outsourcing explosion: Hospitals turn to outside firms to provide more clinical services [Special Report]

 In this special feature, FierceHealthFinance examines the financial benefits of outsourcing and how to avoid potential pitfalls.

5 questions about SGR's replacement

Now that Congress finally repealed the long-hated Sustainable Growth Rate (SGR) payment formula, I'm curious to see what happens with its replacement. About the only benefit the SGR had going...

Healthcare spending experiences a growth spurt

Healthcare spending is quickly on the rise--as is job growth, according to new data released by the Altarum Institute. Yet price growth remains low.

CMS proposes modest increase to 2016 hospital inpatient payments

Hospitals would get a modest payment increase from the Medicare program in 2016 under the proposed payment formula put forth last week by the Centers for Medicare & Medicaid Services. Long-term care hospitals would initially see a larger hike, but would actually experience a net reduction in reimbursement.

States that increase Medicaid payments also keep docs in place

Getting a large swath of providers to accept Medicaid has always been a challenge, but some states have apparently found a solution: Pay them more money.

Florida may sue Obama administration over Medicaid expansion

Florida Gov. Rick Scott has threatened to sue the federal government, claiming its refusal to continue providing funds to hospitals to treat low-income patients is a pressure tactic to get the state to expand Medicaid eligibility under the Affordable Care Act.

Do hospitals have too much market power?

A non-partisan consumer advocacy group warns about concentrated market power for hospitals and healthcare systems, but the hospital sector dismisses its findings as a retrograde point of view.

SGR repeal bill draws criticism from fiscal conservatives, CMS

The American Medical Association swatted away concerns about the cost and depth of the bill recently signed into law to repeal the Sustainable Growth Rate formula. 

CMS unveils new rating system for hospitals

There are five-star hotels and restaurants, and soon there may be five-star hospitals. The Centers for Medicare & Medicaid Services has introduced a new hospital rating system for patient experience that will be based on a five-star scale.

Why hospitals should include doctors in bundled payments

Although the idea of including doctors in hospitals' bundled care payments has long been considered a detriment to physician autonomy, the move could significantly improve savings and care quality, argues an opinion piece published by the Journal of the American Medical Association.

Medicare overpaid hospitals at least $2.6 billion

The Medicare program overpaid hospitals $2.6 billion for the treatment of critically ill patients between 2010 and 2013, the Wall Street Journal reported.

How hospitals can strengthen local businesses

A new report that examines the role New Orleans' hospitals play in the local economy illustrates the importance of hospitals to area small businesses.

Readmission reduction lessons from the VA

Is the Veterans Health Administration a fiscal paragon when it comes to managing patients and avoiding readmissions? Quartz magazine examines its internal management system and lists reasons why hospitals may want to duplicate the VA's approach.