A legal entanglement involving the Centers for Medicare & Medicaid Services and one of its recovery audit contractors has delayed the awarding of new RAC contracts, AHA News Now reported.
How much does it cost for a hospital to treat a single patient and apply that experience elsewhere? That is a mystery a Utah hospital system wants to crack, Kaiser Health News reports.
Hospitals in many states will face significant penalties for not preventing hospital-acquired infections (HAIs), according to multiple media sources.
Some healthcare providers use publicly available data to profile their patients and create a risk score based on their purchase, according to Bloomberg Business Week.
The nation's hospitals have been tremendously flexible in adjusting to how the Great Recession roiled their finances, but they are still facing long-term declines in patient volume and other challenges to their bottom lines.
The 340B drug program has not gone off the rails and continues to provide crucial therapeutic and financial support for not-for-profit hospitals. That was the assertion made by the chief executive officer of Safety Net Hospitals for Pharmaceutical Access (SNHPA) at the Healthcare Financial Management Association's (HFMA) annual conference in Las Vegas earlier this week.
There is an often significant price difference between common procedures performed at hospitals versus at a physician's office or in outpatient surgery centers, according to two new studies.
If a healthcare organization is experiencing negative net margins, should it try to raise revenue 6 percent, or cut costs by 6 percent?
The cost of prostate cancer surgery varies widely across the United States, and the variations in what a patient pays bears little on the quality of care they receive, HealthDay News reported.
Hospital finance departments must be willing to engage patients early and often if they want a good chance of collecting all of their outstanding balances after a medical procedure, according to the leader of the Healthcare Financial Management Association's patient-friendly billing project.
Financial need is no longer the primary driver for many hospital mergers, acquisitions and affiliations, the Healthcare Financial Management Association announced at its annual national institute conference in Las Vegas.
ClearPoint Companies is my new favorite company in healthcare finance, not so much for their business model, but for the fact that theyhad a poker table at their booth that was staffed by a couple of professional poker players and a dealer. "It's all about drawing people to the booths," Rudiger Merz, ClearPoint's chief strategy officer, told me. ClearPoint was not the only vendor with a gambling theme in line with the Las Vegas venue (last year's meeting was in Florida, where as I recall the theme was savage humidity).
Only one-quarter of healthcare consumers get pre-treatment cost estimates from their providers, according to a new survey from TransUnion.
The Affordable Care Act's impact on U.S. cities--and by extension, their hospitals--has varied dramatically, according to a new study by the Urban Institute and the Robert Wood Johnson Foundation.
Providers who give payers and patients cash-pay options for care can save all parties money, says healthcare economist Peter Boland.
The state of South Carolina offered $15 million to its hospitals to shift their business models away from filling empty beds toward something more stable for the long run, the Charleston Post and Courier reported.
The consumer advocacy group Public Citizen urges hospitals and healthcare systems around the country to stop hosting special events that promote unnecessary testing, USA Today reported.
The California Department of Insurance tapped the University of California and the San Francisco-based Consumers Union to create a healthcare price transparency and quality database that will likely be ready to launch within a year.
Parkland Health & Hospital System in Dallas has decided to think outside of the box for its employees, giving a pool of cash earmarked for executive bonuses to its front-line workers instead.