News

Rural hospitals continue to struggle, closures mount

Pungo Hospital in Belhaven, North Carolina, closed earlier this month, the latest casualty of the financial crisis enveloping many of the nation's hospitals, Al Jazeera America  reported.

Healthcare spending up, but so are jobs

Healthcare prices are on the rise again, but so are the number of people employed in the sector.

Wyoming hospital embarks on bold initiative to cut costs

Despite being the least populous state by a wide margin, one of Wyoming's largest hospitals faces the same financial realities as acute care providers, prompting it to undertake bold initiatives in order to cut costs.

Group purchasing organizations cut hospital costs up to 18 percent

Group purchasing organizations save hospitals as much as 18 percent on their costs, according to a new survey by the Healthcare Supply Chain Association.

Hospitals underuse minimally invasive procedures

Despite the fact that minimally invasive cardiac surgery has led to better outcomes--and presumably lower costs--than open-heart procedures, a new study by researchers from the Johns Hopkins University School of Medicine concludes that it is being underused by many hospitals.

NY awards hospitals $4.5M to continue services

New York officials have awarded nearly $500 million to 22 hospitals and five large public hospital systems to help them continue key services, The Modesto Bee reports.

The 10 most expensive cities for healthcare

Sacramento, California is the most expensive city for healthcare in the United States, according to a new analysis from Forbes.

More hospitals touting ER access

Hospitals and hospital systems offer easier access to their emergency rooms as a potential business strategy by setting up ways patients can make appointments to visit the ER.

A tale of two levels of uncompensated care

It's the best of times and the worst of times for uncompensated care in the United States. Hospitals in states that expanded Medicaid eligibility under the Affordable Care Act (ACA) reap huge...

Hospital chains getting into urgent care in a big way

While for-profit hospital chains fight reimbursement cuts tied to the Affordable Care Act and high levels of uncompensated care in states that do not expand Medicaid eligibility, delivery of care at a less complex level could wind up being their salvation, The Motley Fool reported.

Feds want $267M in Medicaid overpayments back from Florida's hospitals

The federal government is seeking a huge payback in Medicaid overpayments from Florida's hospitals and wants it all this year, the Tampa Bay Times reported.

CMS proposes slight uptick in dialysis payments for 2015

The Centers for Medicare & Medicaid Services has proposed a modest payment bump to hospital dialysis centers for calendar year 2015.

Better control of blood cell drugs can save hospitals big money

Curbing the use of drugs that stimulate blood cell production can significantly reduce costs at the hospital level, Anesthesiology News reported.

Uncompensated care in Arizona plummets, hospital margins rise

After months of political battles to expand Medicaid eligibility, Arizona hospitals are finally reaping the benefits: a dramatic drop in the level of uncompensated care.

Hospitals should consider new techniques to reduce readmissions

Knowing patients and their families on a personal level, building a comprehensive discharge team and streamlining the discharge process are among the best ways for hospitals to cut down on readmissions and reduce costs, according to the Gallup Business Journal.

Mass General to screen all patients for substance abuse

Massachusetts General Hospital in Boston will undertake an unusual new process in order to save money: screening all patients for potential drug abuse, according to the Boston Globe. 

Healthcare spending is unusually slow

Despite fears that healthcare inflation may be on the rise, new economic data suggests just the opposite.

UnitedHealth division rising force in combatting hospital claims denials

UnitedHealth is best known for being the 800-pound gorilla of health insurers. But it also operates a sizable business in getting hospitals higher payments from the Medicare program, the New York Times reported.

Talk past one another and watch healthcare costs inevitably rise

The United States has long been described as a melting pot. A group of volatile chemicals striving to reach the top of a beaker would be more accurate. That is among the reasons that healthcare in...

Academic hospitals struggle with managing cash flow

Academic hospitals often provide cutting-edge care and research, but they also have to pay the bills, a sometimes vexing task when cash is left on the table due to outdated claims management systems.