Category Archive: Healthcare Finance News

Hospital profitability, volumes struggled during 2018, with a few exceptions

The summer of 2018 was strong, but aside from that there were few bright spots in a year of declining volumes and profitability.

Cleveland Clinic rebrands newly acquired Florida hospitals, broadens footprint in Sunshine State

Cleveland Clinic has made a total of $750 million in financial commitments to the new hospitals as part of their respective agreements.

Groups call on CMS to push out Medicare Shared Savings Program application deadline

The February 19 deadline does not give ACOs enough time to consider the upside risk they’ll have to take in the overhauled program, NAACOS says.

Most Medicare Advantage beneficiaries say the plan doesn’t incentivize action to improve health

The results also reveal that beneficiaries are mostly non-compliant, with just 14 percent always following through on recommended actions.

Mid-revenue cycle management improvement market expected to grow over the coming years

Growth is being driven largely by the use of these solutions to reduce healthcare costs, decrease billing and coding errors and maintain compliance.

After bitter closure, rural Texas hospital defies the norm and reopens

Without a hospital, residents of Crockett, located 120 miles north of Houston, were 35 miles away along rural roads from the next closest hospital

Hospitals are turning to telehealth to manage scarce physician resources

The healthcare industry is on the cusp of significant change in telehealth as both Congress and CMS have come around to virtual health’s power to decrease costs.

Intermountain Healthcare-led generic drug venture CivicaRx garners new members including NYU Langone, Memorial Hermann, Oschner

Including the original founding members, Civica Rx now represents nearly 750 participating hospitals, the company says.

Hospitals posting prices online is first step, CMS Administrator Seema Verma says

CMS wants to make the rule actionable so that consumers and physicians consider price, creating comparison shopping that creates provider competition.

Mergers and acquisitions continue to grow, reshaping the healthcare landscape, says Kaufman Hall

There has also been growth in mergers across state borders, as health systems from different geographies come together to form regional health systems.

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