Large increases in bad debt and charity care deductions during the first quarter of the year have resulted in hospitals and health systems seeing a notable rise in uncompensated care, according to the latest performance trends report from Strata.
Category: Finance, Operations, Business
Revenues and expenses up, margins down for nation’s hospitals
Hospitals across the U.S. are seeing both higher revenues and higher expenses, and operating margins have begun to contract slightly, according to March data published by Strata.
Physician pay rises, but attitudes about compensation are declining
Average pay for physicians rose 3.6% during 2024, a new Medscape report has found, but it’s one of the lower raises since the company began tracking physician compensation in 2011, and the overall sentiment among physicians regarding fair compensation …
Providence Health Plan teams with Collective Health on third-party administration
Providence Health Plan, a regional, nonprofit health plan serving Oregon, Washington and California, is partnering with health benefits platform Collective Health on an effort to overhaul third-party administration (TPA) services for self-funded employ…
Orlando Health, Watson Clinic partnering on new hospital
Orlando Health is joining forces with physician-led practice Watson Health on a new hospital, the Orlando Health Watson Clinic Lakeland Highlands Hospital, which is slated to debut in June 2026.
NAACOS pushes ACO REACH extension after $1.54B in savings
Accountable Care Organizations in the Centers for Medicare and Medicaid Services’ ACO Reach program achieved $1.54 billion in gross savings and $694.6 million in net savings in 2023, CMS has announced.
The National Association of ACOs (NAACOS) has resp…
