Category: Healthcare Finance News

COVID-19 pandemic driving steep volume and revenue declines as margins suffer

While volume and revenues plummeted to historic levels, expenses remained nearly flat, putting pressure on hospitals as the coronavirus spreads.

Hospital EHR spending projected to reach $9.9B by 2024

Despite budgetary strains from the COVID-19 pandemic, a new report predicts regulatory requirements and medical-service spending growth will benefit electronic health record vendors in the years to come.

HHS expands U.S.-based pharmaceutical manufacturing to get drugs to hospitals faster

Government and Phlow Corp. are developing a prioritized list of active pharmaceutical ingredients and medicines critically needed by health systems.

HIMSSCast: How COVID-19 has accelerated healthcare trends, with MoneyBall Medicine’s Harry Glorikian

An interview with MoneyBall Medicine author and investor Harry Glorikian.

Healthcare workers treating COVID-19 show more negative mental health effects

Anecdotal evidence suggests the psychological toll of being on the front line may lead to an uptick in mental health disorders.

Implementing lowest use of measure concepts to supply chain can help offset COVID-19 costs

Avoiding bulk ordering in favor of smaller and more frequent shipments can save hundreds of thousands of dollars.

New standards will help advance medical device connectivity

Better interoperability between devices could result in the “silent ICU” in which alarms are not constantly going off by a patient’s bed.

Health plans have a consumer engagement problem, J.D. Powers finds

The overall satisfaction score for commercial health plans was 719 on a 1,000-point scale, among the lowest of all industries evaluated by J.D. Power.

With more children showing severe COVID-19 symptoms, pediatricians outline critical steps

Reports of severe illness among children are mounting, requiring more urgent research into susceptibility and possible treatments.

Telehealth flexibility under COVID-19 paves way for Vatica Health’s remote risk adjustment

During the pandemic, health plans face a reduced ability to risk adjust their members and close gaps in care.