Tag: Healthcare costs

Health systems accelerate ASC partnerships amid shift to outpatient care

Editor's Note As healthcare continues to transition from inpatient to outpatient settings, large health systems are increasingly forming partnerships and joint ventures to develop and manage ambulatory surgery centers (ASCs), Becker’s ASC Review August 16 reports. Per the outlet, health systems have historically been hesitant to embrace ASCs due to…

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By: Tarsilla Moura
August 21, 2024
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California bill seeks stricter oversight of private equity in healthcare

Editor's Note A bill in California that aims to increase oversight of private equity healthcare investments is receiving support from consumer advocates, labor unions, and the California Medical Association and opposition from hospitals worried about losing funding sources, the Los Angeles Times reported August 9. Sponsored by Attorney General Rob…

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By: Matt Danford
August 20, 2024
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Study: Healthcare workers more susceptible to debt than those in other industries

Editor's Note Extensive training and lower wages lead healthcare workers to accrue more debt than those in other industries, according to a recent analysis published in JAMA Health Forum.  Findings were based on 2018-2021 data from U.S. Census Bureau’s Survey of Income and Program Participation. According to an August 5…

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By: Matt Danford
August 16, 2024
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Nearly 1 in 3 US rural hospitals at risk of closure

Editor's Note More than 700 rural hospitals, representing 31% of all rural hospitals in the country, are at risk of closure, according to a report from the Center for Healthcare Quality & Payment Reform. Chief Healthcare Executive reported the news August 8. According to the article, 16% of all rural…

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By: Matt Danford
August 15, 2024
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Medicare drug price negotiations to save $6 billion in first year

Editor's Note Medicare’s first negotiations on 10 top-selling prescription drugs for older Americans will save the US government $6 billion in the first year, according to an August 15 article in Reuters. Enabled by President Joe Biden’s 2022 Inflation Reduction Act, negotiations for drugs used by Medicare—which covers 66 million…

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By: Matt Danford
August 15, 2024
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Cash flow problems plague US nonprofit hospitals, health systems

Editor's Note A new low for median days cash-on hand could spell trouble for US nonprofit hospitals and health systems, Healthcare Dive reported August 12. “Nonprofit hospitals’ cash on hand — the funds immediately available to finance daily operations — is one indicator of financial health,” the outlet reports. “Low cash…

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By: Matt Danford
August 14, 2024
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Vertical integration favors HOPDs over ASCs

Editor's Note Medicare and patient out-of-pocket costs are rising as vertical integration results in more procedures moving to hospital outpatient departments (HOPDs) than to ambulatory surgical centers (ASCs), Becker’s ASC Review reported on August 8. The article summarizes a study published July 25 in Science Direct. Described as "physician vertical…

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By: Matt Danford
August 14, 2024
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Harris, Trump healthcare records compared

Editor's Note The Affordable Care Act , abortion and contraception, LBGTQ health, prescription drug prices—presidential candidates Donald Trump, the Republican nominee, and Kamala Harris, the Democratic nominee, have vastly different positions these and other healthcare issues. KFF Health News has published a detailed comparison in the form of a side-by-side…

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By: Matt Danford
August 12, 2024
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Corporate influence concerns arise amid scrutiny of VP nominee’s health record

Editor's Note As Governor of Minnesota, Democratic vice-presidential candidate Tim Walz backed off on nurse staffing ratios as well as healthcare affordability after Mayo Clinic—which is based in the state—raised objections, Managed Healthcare Executive reported August 6. Citing earlier reports from Politico and the Star Tribune on various aspects of…

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By: Matt Danford
August 8, 2024
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Healthcare pays dearly for data breaches

Editor's Note Responding to and recovering from data breaches in healthcare is more expensive than any other industry, according to a report by IBM and the Ponemon Institute. Healthcare Dive reported on the results August 1. According to that article, the $9.8 million average cost for a breach this year…

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By: Matt Danford
August 5, 2024
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