News

Are 8-figure hospital exec salaries the latest trend?

Once unheard of, eight-figure salaries may soon be the "new normal" for some healthcare executives, according to Crain's New York Business.

Report urges price transparency action

The time is ripe to push more healthcare price transparency reforms, a new issue brief from the Center for American Progress concludes.

OIG claims NJ hospital overbilled Medicaid by $19M

New Jersey overbilled the Medicaid program by as much as $22 million in 2007, and the hospital responsible for the bulk of overpayments is trying to quickly distance itself from the issue, according to NJ.com.

Tech advances often hike patient costs

Even small advances in medical technology can cause steep increases in out-of-pocket costs to patients, the New York Times reported.

Proposed House resolution would slash $2.9 trillion in healthcare spending

The House Budget Committee voted this week to approve a budget resolution that would reduce government spending by over $5 trillion over a decade, according to AHA News.

Hospital-operated dialysis units dwindle

Fewer hospitals are running their own dialysis units, as changes to the business model have made the practice less lucrative, Crain's Chicago Business reports.

More rural hospitals face closure over financial woes

A Massachusetts community hospital abruptly closed its doors last week, while another facility in Northern California is on the brink of insolvency and closure.

TN hospitals get $80 million under special DSH waiver

Tennessee hospitals received $80 million  this week from the Centers for Medicare & Medicaid Services (CMS) to help cover indigent care services.

Medicare to release doc payment, service data

The Obama administration, in the wake of a recent price transparency movement, will release data on services provided by doctors who participate in Medicare for the first time, according to an announcement from the Centers for Medicare & Medicaid Services.

Many academic medical center heads sit on pharma boards

Leading executives at academic medical centers often sit on the boards of pharmaceutical companies, creating potential conflicts of interest regarding both institutional oversight and research initiatives, according to a new study published in the Journal of the American Medical Association.

10 questions to consider following the ACA's first open enrollment period

Now that the first open enrollment under the Affordable Care Act (ACA) is behind us, I expect many questions to come up over the coming months about the relative success of the law to date, and what...

OIG: Most hospital-based clinics overcharge Medicare

Hospitals erroneously bill Medicare millions of dollars a year because they incorrectly classify the patients they treat,  according to a report issued late last week by the U.S. Department of Health and Human Services' Office of the Inspector General. 

Some doctors would take pay cut to fix SGR

A group of physicians that objects to Congress' inability to reach a consensus on replacing the sustainable growth rate (SGR) payment formula said they would take the 24 percent pay reduction that would go into effect this year as part of a plan to achieve a more lasting fix.

LA hospital may have to repay CMS for CEO's misdeeds

The CEO of Madison Parish Hospital in Tallulah, La., is in prison for healthcare fraud, but the facility he ran may have to foot the bill for his misdeeds, the Monroe News-Star reported.

MO, PA hospitals cut jobs, capital projects

Medicaid payment cuts and uncompensated care hit hospitals in Missouri and Pennsylvania hard, prompting many organizations to slash services and staff positions.

NH expands Medicaid; FDA imports Norwegian saline;

News From Around The Web > New Hampshire became the 26th state to expand Medicaid eligibility under the Affordable Care Act, creating a pilot program to use federal money to buy private insurance...

Moody's: Narrow networks in exchanges could hamper hospital finances

Hospitals generally support the Affordable Care Act, noting that it provides them with a reliable revenue stream from a larger number of insured patients, who otherwise would be unable to pay their bills. But acute care facilities should lower their enthusiasm, a new report from Moody's Investors Service suggests.

El Paso Children's Hospital under financial strain

El Paso (Texas) Children's Hospital is in a tough financial situation, prompting the affiliated University Medical Center to form a committee to renegotiate and restructure the hospital's debt.

RACs denied Medicare providers $2.1B in claims in fiscal 2012

Medicare Recovery Audit Contractors denied Medicare providers more than $2 billion in payments in fiscal year 2012, according to a report from the Centers for Medicare & Medicaid Services to Congress.

Experts say hospital M&A will continue unabated

Hospitals face increasing pressure to engage in mergers or acquisitions, according to officials connected to three large financial firms with ties in the healthcare sector..