Editorial: OR Business Management Conference tackled financial challenges, technological innovations
This past February, the OR Business Management Conference, held in Phoenix, Arizona, brought together business managers of all walks of life. The intimate event was once again a symbiotic blend between financial- and business-centric education and high-quality networking. The education offered for seasoned and new business leaders alike, perhaps more…
Medicare households have double the healthcare spending burden
Editor's Note The healthcare spending burden of Medicare households was double that of non-Medicare households in 2022, according to an analysis published by KFF (Kaiser Family Foundation) on March 14. Using data from the Consumer Expenditure Survey, KFF found that average health-related expenses made up 13.6% of Medicare households’ total…
COVID-19 hospitalization costs outpaced medical inflation
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…
Nonprofit hospitals face ongoing struggles in 2024
Editor's Note The 2024 forecast for nonprofit hospitals is likely to remain challenging, according to the latest annual Fitch Ratings outlook, Chief Healthcare Executive December 6 reports Some highlights of the report include: The outlook for 2024, which was identified as “deteriorating,” is based on three ongoing challenges for nonprofit hospitals:…
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,…
Report: Hospitals will likely experience the worst financial year in decades
Editor's Note On October 25, Health Affairs reported that healthcare systems continue to face challenges in a post-pandemic environment but are likely to have the worst financial year in decades, according to Becker’s Hospital CFO Report October 26. US hospitals saw fluctuations in operating margins in 2022 but are still…
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