The year 2014 was one of the more historic in terms of healthcare finance. Millions of Americans gained health insurance coverage through new health insurance exchanges under the Affordable Care Act, as well as the expansion of Medicaid eligibility. But it was also a year of anxiety for healthcare and hospitals as a new disease entered the United States for the first time.
Prime Healthcare Services, the Southern California-based, for-profit chain that has generated much controversy in recent years for its business practices, is making a bid to acquire six hospitals operated by the Catholic Daughters of Charity healthcare system.
The rising out-of-pocket costs for health insurance force millions of middle-class Americans to forego checkups and other needed medical care, according to USA Today.
The year 2015 may be the year where healthcare spending in the United States reaches a specific milestone: $10,000 per person.
Hospitals in states that expanded Medicaid as part of the Affordable Care Act report financial gains as more patients can now pay their bills, according to a Kaiser Health News report.
Accretive Health, the publicly-traded Chicago-based hospital financial consulting firm, quietly released its restated earnings last month and nearly $1.4 billion in revenue has vanished.
The Centers for Medicare & Medicaid Services has issued a final rule on how how to define uninsured patients for the purpose of collecting disproportionate share hospital payments that may offer relief to some hospitals.
The Department of Veterans Affairs squandered billions of dollars on hospital construction projects that each went hundreds of millions of dollars over budget, all the while mismanaging a patient care system that often led to deadly delays for veterans seeking care and is apparently brimming with sentinel events.
A Duluth News-Tribune report claims that the Minnesota-based Mayo Clinic has used its reputation and market leverage to charge some of the highest prices in the state, prompting some businesses and purchasing groups to consider less expensive options.
The Internal Revenue Service on Monday released new regulations on how non-profit hospitals collect sums owed by patients.
The decisions by individual states to expand Medicaid eligibility under the Affordable Care Act has created decidely different financial pressures on hospitals.
Hepatitis C has been the scourge of prison healthcare systems for decades--first as a nearly endemic disease, and now as a potential budget-buster now that a cure is on the horizon. National Public Radio reports that Gilead's recently released blockbuster drug that all but cures hepatitis C has become a burden on correctional systems' budgets due to its enormous cost.
As the post-Affordable Care Act healthcare landscape shifts, the job of chief financial officers becomes more complex, and effective CFOs must have a few key traits, according to Becker's Hospital Review.
The Ebola bump proved to be only temporary for Texas Health Presbyterian, according to Becker's Hospital Review.
Even if a hospital succeeds in cutting readmissions, it could still experience steep financial penalties from the Centers for Medicare & Medicaid Services, according to a new report by the Altarum Institute's Center for Elder Care and Advanced Illness.
Hospitals appealing RAC clawbacks will get no legal relief, at least for now. A judge in the District of Columbia has dismissed the lawsuit, concluding that the current backlog in RAC appeals cases did not warrant legal intervention, AHA News Now reported.
More states are expanding the scope of practice for non-physician healthcare professionals to make up for the continuing physician shortage.
For more than half a century, it's been known that cigarette smoking takes a huge personal toll on those who light up. But now a specific cost has been assigned to the healthcare system as well.