FierceHealthFinance Editor Ron Shrinkman predicts six trends that will impact healthcare finance in 2014.
A new report conducted by the American Civil Liberties Union and a consumer advocacy group claims that Catholic hospitals spend less of their net patient revenue on charity care and treat fewer poor patients than some other not-for-profit hospitals.
Nonprofit hospitals across the country aren't giving back to their communities in a ratio that fairly matches their tax exemptions, which add up to more than $12 billion annually, the New York Times reported.
Hospitals in New Jersey spent just under $1 billion for charity care last year, a modest increase from 2011 but still well short of the total spent in 2010, according to the Newark Star-Ledger.
Healthcare leaders must adapt to regulatory, technology, medical and market changes that are forcing the re-invention of healthcare. A report from Mannett Health Solutions identifies 10 "megatrends" and the smaller movements and sub-trends supporting them. We round up four of interest.
Hospitals in the Garden State spent approximately $998 million on charity care in 2012, a $2.5 million increase from the previous year, according to NJ.com
A lawsuit filed this week accuses two Washington state hospitals of violating state law by neglecting charity care, the Yakima Herald-Republic reports.
Representatives from the Department of Health & Human Services argued last week before the Third Circuit Court of Appeals that lawmakers did not intend for charity care to count in calculating disproportionate share hospital (DSH) payments, according to Becker's Hospital Review.
As Congress continues to scrutinize how to change the tax code regarding the regulation of non-profit organizations, the American Hospital Association submitted its proposals to the Senate Finance Committee on what the government should retain and change.
During the depths of the Great Recession, Oregon's hospitals as a whole were able to improve their bottom line, in part by trimming charity care for patients, The Oregonian reported.