News

Gundersen disputes hospital's ranking as nation's most profitable

A Wisconsin based non-profit healthcare system disputes a recent study that found one of its hospitals is the most profitable in the United States in a statement released this week.

Low-income households spend more to combat food allergies

Food allergies among children present a significant economic burden when they present in low-income households, councludes a study in the journal of the American Academy of Pediatrics.

ProMedica outlines unwinding of St. Luke's acquisition

ProMedica has proposed unwinding its acquisition of St. Luke's Medical Center in Toledo, Ohio and returning it to the status of an independent entity.

Financial viability of ACO model questioned

Are accountable care organizations really saving the healthcare system money? That's a question posed by cardiologist Anish Koka, M.D., in the Philadelphia Inquirier.

Catholic hospital ownership ramps up

The number of Catholic-oriented hospitals in the U.S. has grown steadily in recent years, up 22 percent since 2001

Price transparency doesn't cut healthcare spending

Expanding healthcare price transparency didn't prompt lower outpatient spending, according to a study published in the Journal of the American Medical Association.

The most profitable hospitals are often nonprofits

Non-profit providers dominate the top 10 most profitable hospitals in the nation, occupying seven slots, according to research published in Health Affairs.

Hospitals should reconsider charity care for middle-class, insured patients

The Affordable Care Act (ACA) appears to help the poor the most (those who actually purchase heavily subsidized commercial policies and don't buy into the propaganda about socialized medicine...

NYC will pump hundreds of millions into hospital system

The City of New York will pump hundreds of millions of additional dollars into its beleaguered healthcare system in an attempt to not only keep it operating, but to get it past anticipated difficult times.

HCCI: Prices for care vary widely across country

Some states pay more than twice as much for identical healthcare services than others, raising questions about what each state can do to better control their costs.

Partners boo-boo could cost Massachusetts $160M in Medicare payments

Calculation errors regarding the wages paid by a tiny 19-bed hospital in Massachusetts could wind up having an outsized impact on the Medicare payments given to the other acute care providers statewide, The Boston Globe reported.

CEO from finance sector propels once-struggling Jackson Health into the black

On the hunt for new talent, healthcare increasingly draws from a pool without hospital experience, and now a Miami-Dade hospital network has pulled itself back from the brink after recruiting a retired banker to be its CEO, according to the Miami Herald.

Hospitals must take holistic approach to cutting drug costs

Hospitals seeking to cut costs in relation to their drug expenditures must take a holistic approach regarding how they integrate into the overall delivery of care, according to Pharmacy Times.

Financially struggling hospitals regret EHR replacements

If there was one expenditure executives at hospitals with shaky bottom lines regret making, it was the replacement of their electronic health records (EHR) system. That's the conclusion of Black Book Market Research, which surveyed more than 3,300 hospital executives and IT employees who worked for organizations that took the plunge on a new EHR system.

ACO model may evolve into joint affiliations

Hospitals and healthcare systems under pressure to transition to value-based care would do well to beef up their ties to integrated healthcare networks that have expertise in primary care and multispecialty group practice, according to a recent post at NEJM Catalyst.

Healthcare executives are optimistic about current state of financial affairs

Healthcare executives are generally optimistic about the current state of their businesses, although they have ongoing concerns about the ever-increasing cost of delivering care, according to a survey conducted by CIT Healthcare Finance.

Moody's: Non-profit hospital medians extremely healthy

Margins among non-profit hospitals have rebounded completely from the Great Recession and have hit highs not seen in several years, according to Moody's Investors Service, which analyzed the numbers for 190 hospitals and healthcare systems.

Some Louisiana hospital execs balk over Medicaid projections

One of the first acts of Louisiana's recently elected Democratic governor was to expand Medicaid eligibility under the Affordable Care Act.

High procedure volumes don't necessarily equate to better quality

Conventional wisdom holds that hospitals that perform more of the same procedures offer higher quality of care to patients, but that may not be the case, according to a new study in Applied Health Economics and Health Policy.

Executive compensation: Hospital CEOs in Massachusetts get raises amid falling profits

Hospital executive pay continues to climb even as profits fall in Massachusetts, according to the Lowell Sun.