How to address healthcare's 'pricing failures'

Healthcare is currently experiencing a pricing failure that the country must fix in the coming years, according to Forbes columnist Dave Chase, who writes that the profligate spending on healthcare services prevents some states from funding education and other initiatives. He has suggested a specific fix to the issue.

Lahey Health CEO: How two-way patient transfers cut costs [Interview]

In an exclusive interview with FierceHealthFinance,  Lahey Health CEO, Howard Grant, M.D., discusses the integrated healthcare system's novel cost-saving approach of transferring teaching hospital patients to community care settings for care.

Hospitals are often stingy with facts about medical errors

Although hospitals closely monitor medical errors, they often withhold key information from victims of those errors, making it harder for them to pursue malpractice actions, according to Cleveland-based ABC affiliate WEWS-TV

Emerging gene therapies could cost millions per treatment

The seven-figure healthcare procedure? That could be the case with emerging gene therapy treatments, raising questions as to whether providers and patients should finance such care, The Washington Post has reported.

FTC seeks to block West Virginia hospital merger

The U.S. Federal Trade Commission has intervened in a proposed merger of two rural Appalachian hospitals, claiming it would create monopoly-like conditions for the region.

New Jersey hospital's property tax settlement could open floodgates

A New Jersey hospital's management decision to pay back property taxes could set off a flurry of similar demands to other acute care facilities statewide.

Readmissions often linked to emergency surgeries

Hospitals struggling with the financial impact of patient readmissions should consider recent findings that reveal many emergency surgical cases wind up back in their facilities. 

Financial responsibility for hospital medical errors: No easy answers

The question of who pays when something goes wrong in a healthcare setting seems simple enough, but the answer isn't straightforward due to so many variables, according to a report from Kaiser Health News.

The White death spiral, the fallen figure skater and what hospitals can do

Two news items I came across last week were upsetting for their facts and interconnections. The first involves Debi Thomas, former figure skater and the first African-American to win a medal at the...

How community hospitals can rebuild trust

Community hospitals can sometimes lose trust from their patients overnight due to high infection rates and other issues. Facilities that are in that situation have seven ways to try and rebuild it, according to Becker's Hospital Review.

Geisinger will refund money to dissatisfied patients

Geisinger Health System will launch a quasi "money back guarantee" for its patients. A new smartphone application will allow unhappy patients to request a refund of up to $2,000 if they are dissatisfied with the service they received. 

Hospital construction continues to boom

Revista, the Maryland-based healthcare real estate research firm, reports that there are currently hospital construction projects underway valued at $97 billion.

Medicaid expansion cuts down charity care

A new report from Crowe Horwath finds that the shift in coverage brought about by the Affordable Care Act has led to more hospitals cost-shifting financial risk to patients.

Think tank urges feds to lift ban on physician-owned hospital expansions

The Affordable Care Act includes a ban on the creation of physician-owned hospitals and the expansion of existing facilities. But one organization believes it's time to lift the ban. 

California hospitals could save $10B a year if run more efficently

California hospitals could save as much as $10 billion a year if they were made more efficient, according to a report by a prominent actuarial firm in the state.

4 factors for successful value-based care

New research from the Society of Actuaries has identified several factors that will help ensure a provider's successful transition to value-based care.

OIG waives some patient charges for hospital-prescribed drugs

Out of concern for high drug prices, the Department of Health and Human Services Office of Inspector General is waiving a portion of a policy designed to avoid the violation of anti-kickback statutes. The OIG declared that hospital pharmacies may waive charges to Medicare patients who obtain drugs they administer to themselves on an outpatient basis.

Fair pricing laws don't degrade care provided by hospitals

A right-of-center think tank has concluded that legally compelling hospitals to adhere to fair pricing laws when they treat uninsured patients does not degrade the quality of care they provide.

Single patient ICU rooms cost more, but rate of return far higher

Building single-patient rooms in intensive care units is a costly endeavor, but it more than makes up its steep pricetag by preventing hospital-acquired infections, a new study has concluded.

Despite slow growth for other industries, healthcare leader pay continues to climb

Healthcare executives saw salary increases in 2015 even as chief executive officer and chief financial officer salaries in publicly-traded companies in general saw slower growth, due in large part to the increasingly consumer-centered healthcare market, according to a new study.