Healthcare Finance News
Healthcare Finance provides timely and in-depth coverage of the challenges faced by healthcare providers and payers in light of skyrocketing healthcare costs, regulatory developments and diminishing reimbursements. Helmed by an experienced team of independent editors and journalists, we deliver news, analysis, educational content to an audience of senior healthcare financial managers and ...
News | Healthcare Finance News
Elevance latest insurer to sue over Medicare Advantage star ratings. Star ratings represent billions of dollars in quality bonus payments. CMS has cost Elevance ... Read more >>. Nov 06 | Jeff Lagasse. $47.5 million grant allows Rutgers to turn lab discoveries into practical healthcare. Rutgers will use the grant to create interventions ranging ...
Hospitals confront mounting reimbursement challenges and …
Nov 30, 2023 · Escalating reimbursement delays and declining cash reserves are placing hospitals and health systems across the nation in a precarious financial predicament, according to data from Syntellis Performance Solutions' analysis of 1,300 hospitals.. The findings, published in partnership with the American Hospital Association, underscore the pressing need for measures aimed at alleviating financial ...
Payers could see 7% spike in healthcare costs in 2024
Jul 5, 2023 · Jeff Lagasse, Editor. Photo: Martin Barraud/Getty Images. Healthcare costs are expected to increase as much as 7% in 2024 due to continued labor shortages, drug price increases and new contracts between payers and providers –which represents a larger jump in costs than in either of the previous two years. According to a new PwC report, the ...
For Payers - Healthcare Finance News
Insurers and government payers are having to make major adjustments as well. This section highlights Healthcare Finance’s coverage on topics including benefit design, Medicare and Medicaid, risk management, payer contracting, analytics, compliance, insurance exchanges, provider-sponsored health plans and merger and acquisition activity among ...
Healthcare pricing protected so far from inflation, BLS data shows
Aug 26, 2022 · Between 2001 and 2020, prices for medical care increased between 1% and 5% each year. Overall prices saw more volatility, though generally increased at a slower rate than prices for medical care until recently. In July 2022, however, prices rose by 8.5% across the economy from the previous year, compared to 4.8% growth in prices for medical care.
Financial challenges spurring healthcare merger and acquisition ...
Oct 16, 2023 · Hospitals and health systems have been under extreme financial pressure since 2022, when median operating margins remained in negative territory for the full year. And while the picture has improved somewhat this year, these challenges spurred about a third of the hospital and health system merger and acquisition activity in the third quarter.
Hospital, health system leaders address continued cost pressures
Aug 9, 2024 · With administrative tasks costing the U.S. healthcare system $60 billion dollars each year, AI has great potential to save time and lower costs, but the risk an AI model introduces compared to an individual's impact is exponential, authors said. Brian Foy, chief product officer at Q-Centrix, anticipates that many leaders within the hospital ...
Outlook strong for healthcare services deals, PwC finds
Jun 22, 2023 · Jeff Lagasse, Editor. Photo: Helen King/Getty Images. Coming off strong years for healthcare services deals in 2021 and 2022, volumes have remained resilient through May, despite multiple headwinds, including higher interest rates, increased antitrust regulatory review concerns, elevated valuations and general fears about the recession.
Hospital merger and acquisition activity will remain robust throughout ...
Apr 22, 2021 · Hospitals, health systems and providers, both for-profit and nonprofit, are expected to see continued robust merger and acquisition activity throughout the year, according to a new report from Moody's Investors Service.. Larger health systems will pursue M&A to increase market share and to diversify, in terms of both geography and service lines.