News

More women in top management could boost bottom lines

Want to make your hospital more profitable? The solution may be putting a woman in charge

The shifting role of the healthcare CFO: From sites to systems

Guest post by Tom Quinn, senior partner with the executive search firm Witt/Kieffer. It is hard to imagine any administrative role in healthcare changing more over the past few years than that of...

Medical malpractice: Former HCA chief proposes alternative to current system

A retired former president of the Hospital Corporation of America is advocating for a no-fault medical malpractice system in Georgia that is also being debated in other states.

Price transparency push in Florida, Missouri

The notion of price transparency among healthcare providers is continuing to surface in Florida and Missouri in two dramatically different ways.

Hospitals continue to be job-creating machines

Hospitals are continuing to hire large numbers of new workers, according to data from the Bureau of Labor Statistics, while other healthcare professions continue to add jobs as well.

Nearly 700 rural hospitals are financially vulnerable

A new index by iVantage Health Analytics concluded that there are 673 financially vulnerable rural hospitals in the United States, of which 210 are on the brink of closing immediately. That is based on an examination of 71 factors in nine areas, including cost, charge, outcomes and financial stability.

How to make a patient payment portal successful

Organizations that aim to boost patient collections should consider creating a consumer-friendly patient portal, according to the senior director of revenue cycle for Cincinnati Children's Hospital Medical Center.

Appeals court: Hospitals may be classified as urban and rural simultaneously

A ruling by a federal appeals court has helped reinforce the right of hospitals to claim both rural and urban status for the sake of better reimbursement.

AHA: Explanation for two-midnight rule reductions doesn't cut it

The Centers for Medicare & Medicaid Services' justification for proposed inpatient payment cuts doesn't make the grade, according to the American Hospital Association.

Assistance programs for chronically-ill patients can cut costs

The use of care coordinators to assist insured individuals with chronic conditions can dramatically lower the cost of care, according to a blog post at Health Affairs. The chronically ill employee population can account for as much as 40 percent of an organization's entire healthcare costs.

Medtech companies focused on acquiring firms that save hospitals money

Hospitals and healthcare providers are focused on cutting costs--to the point that it is driving mergers and acquisitions in the tech sector, according to Bloomberg BNA.

Local economies responsible for slowed healthcare spending

Healthcare spending has dropped considerably in recent years, a trend proponents of the Affordable Care Act attribute to the implementation of the healthcare law. But a closer look shows other factors at play, according to Kellogg Insight.

Central Ohio nonprofit hospitals provide less charity care but tax breaks remain

Central Ohio's nonprofit hospitals provide increasingly less uncompensated care, calling into question the rationale for the hundreds of millions they receive each year in tax breaks, according to The Columbus Dispatch.

New hospital software system cut down on unnecessary lab tests

The University of Utah's University Hospital could cut costs by as much as $1.5 million a year on its laboratory costs by using a software system intended to cut down on unnecessary testing, according to a study that was published in the most recent issue of the Journal of Hospital Medicine.

Poor communications kills patients, costs hospitals huge sums

Poor communication between physician practices and hospitals carries a steep price: more than 1,700 deaths and some $1.7 billion in costs, according to an analysis of medical malpractice claims filed between 2009 and 2013 by CRICO Strategies. 

White House pledges $1B to launch 'moonshot' project but it's not enough to cure cancer

The White House administration will ask Congress for $1 billion in mandatory funding to support President Barack Obama's new "moonshot" initiative to find a cure for cancer. But researchers interviewed by The New York Times say the funds aren't enough.

The Obama administration wants to advance cancer care--but how will patients pay for it?

Last week the White House announced what it called a "Cancer Moonshot Task Force" to try and double the pace of progress against the disease. The use of the term "moonshot" is...

CMS proposes changes to ACO structure under Medicare Shared Savings Program

The Centers for Medicare & Medicaid Services has proposed a variety of changes to the payments to providers who participate in accountable care organizations under the Medicare Share Savings Program.

HFMA provides accounting guidance for risk-based organizations

The Healthcare Financial Management Association has issued a new white paper that discusses the appropriate accounting guidance for hospitals engaged in risk-sharing arrangements.

Safety-net hospitals suffer in all three big Medicare incentive programs

Hospitals that treated uninsured patients and were more of the provider safety net were significantly more likely to receive financial penalties for patient readmissions than hospitals that treat wealthier patients, a new study finds.