Tag: Healthcare costs

Lessons of Pennsylvania’s $8.1 billion COVID loss apply nationwide

Editor's Note:  Pennsylvania hospitals and health systems lost a total of $8.1 billion to COVID-19 between January 2020 and December 2022, HealthLeaders reported on January 18. In addition to illuminating the new data from The Pennsylvania Health Care Cost Containment Council and The Hospital and Healthsystem Association of Pennsylvania, the…

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By: Matt Danford
January 25, 2024
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Rural US hospitals experiencing labor, delivery crisis

Editor's Note: Rural communities are at serious risk due to hospitals’ increasing inability to offer labor and delivery services, according to a new report from the Center for Healthcare Quality & Payment Reform. Highlights include: More than half (55%) of rural hospitals in the U.S. do not offer labor and…

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By: Brita Belli
January 23, 2024
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A look back: The business manager role in a changing healthcare environment

Data and surveys

Takeaways • Perioperative business managers can make significant contributions to a hospital’s financial health, but more than half of hospitals do not have this role. • Business managers’ earnings have increased in the past 5 years, while the number of direct reports has risen slightly. • The bachelor’s degree has…

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By: Cynthia Saver, MS, RN
January 23, 2024
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Hospitals report modest growth as pandemic recovery continues

Editor's Note:  Hospitals and health systems are reporting improved operating margins and increases in revenue as they continue their long recovery from the effects of the COVID-19 pandemic, according to a January 10 report from Chief Healthcare Executive. Citing the National Hospital Flash Report from Kaufman Hall, the article notes…

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By: Matt Danford
January 16, 2024
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Bipartisan congressional letter calls for end to Medicare payment cuts

Editor's Note Nearly 200 members of Congress co-signed a letter urging House and Senate leaders to act quickly in order to prevent a 3.37% cut to Medicare reimbursement payments that was scheduled to take effect on January 1, 2024. The American Medical Association, which supports the effort, reported the news…

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By: Brita Belli
January 10, 2024
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COVID-19 hospitalization costs outpaced medical inflation

JAMA (healthcare publication) Network logo

Editor's Note The cost of COVID-19 hospital admissions increased at more than 5 times the rate of overall medical inflation as fewer patients died from the virus. The new study findings appeared in JAMA Network Open on January 3. The 26-percent increase in average costs to provide inpatient care occurred…

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By: Brita Belli
January 9, 2024
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Colonoscopy fees higher for hospitals than ASCs, study finds

Editor’s Note US hospitals charge approximately 55% higher average fees than ambulatory surgical centers (ASCs) for colonoscopies covered by private health insurance. The findings, from the Johns Hopkins Bloomberg School of Public Health, appeared as a research letter in JAMA Health Forum on December 15. The analysis is one of…

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By: Brita Belli
December 18, 2023
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Supply chain leaders discuss improving access, reducing costs

Editor's Note Supply chain professionals can contribute to a more affordable, equitable health care system by spending more with suppliers in economically disadvantaged areas; expanding distribution into in-home care; and leveraging data and technology. According to a November 28 report in Healthcare Purchasing News, these were among the conclusions of…

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By: Brita Belli
December 14, 2023
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FTC lawsuit challenges private equity medical group ‘Roll-Up’ deals

Editor's Note The Federal Trade Commission (FTC) is squaring off against a private equity-backed anesthesia practice in Texas, HealthNews Florida November 30 reports. This move is being seen as a first step in the agency seeking to challenge the increasing role of private equity in monopolizing medical groups.  In September,…

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By: Brita Belli
December 1, 2023
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ASCs continue to contend with anesthesia provider shortages, inflating costs

Editor's Note There is a major anesthesia provider shortage that has been and continues to impact ambulatory surgery centers (ASCs), and which is driving up costs, Becker’s ASC Review November 29 reports. Meanwhile, reimbursements from payers are declining, straining ASCs’ ability to provide needed care. Some highlights from the Becker’s…

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By: Brita Belli
November 30, 2023
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