Healthcare Finance News
Healthcare Finance provides timely and in-depth coverage of the challenges faced by healthcare providers and payers in light of skyrocketing healthcare costs, regulatory developments and diminishing reimbursements. Helmed by an experienced team of independent editors and journalists, we deliver news, analysis, educational content to an audience of senior healthcare financial managers and ...
Hospitals confront mounting reimbursement challenges and …
Nov 30, 2023 · Escalating reimbursement delays and declining cash reserves are placing hospitals and health systems across the nation in a precarious financial predicament, according to data from Syntellis Performance Solutions' analysis of 1,300 hospitals.. The findings, published in partnership with the American Hospital Association, underscore the pressing need for measures aimed at alleviating financial ...
News | Healthcare Finance News
Massachusetts Health Policy Commission plans to closely monitor RHG's operation of Stewardship going forward. Read more >>. Oct 31 | Jeff Lagasse. MSSP yielded $2.1 billion in net savings in 2023, CMS says. MSSP earned shared savings payments totaling $3.1 billion, the highest since the program's inception.
Home health agencies get half a percent pay increase
2 days ago · Providers have gotten a nearly 9% permanent cut to home health payment since 2023, says LeadingAge. Home Health agencies get a 0.5% payment increase in the 2025 Home Health Prospective Payment System final rule. CMS estimates that Medicare payments to home health agencies in 2025 would increase in the aggregate by 0.5%, or $85 million, compared ...
Moody's upgrades healthcare outlook from negative to stable for …
Nov 9, 2023 · Moody's Investors Service has revised its 2024 outlook for the not-for-profit and public healthcare sector to stable from negative, driven in large part by a decrease in labor costs.. While hospitals will continue to grapple with high expenses because of a shortage of skilled labor, particularly nurses, Moody's predicts that the growth in expenses will slow as hospitals make greater efforts to ...
Healthcare organizations increasing IT investments
Sep 14, 2023 · Technology and IT has emerged as an important strategic priority for healthcare institutions, with a new Bain and Company report showing that providers are increasingly accelerating their spending on IT and software. Nearly 80% of healthcare executive respondents in the new survey increased spending materially over the past year, spurred by emerging technologies, labor shortages and cost ...
For Payers - Healthcare Finance News
Insurers and government payers are having to make major adjustments as well. This section highlights Healthcare Finance’s coverage on topics including benefit design, Medicare and Medicaid, risk management, payer contracting, analytics, compliance, insurance exchanges, provider-sponsored health plans and merger and acquisition activity among ...
Many healthcare companies will have no option but to default in …
Dec 6, 2023 · Moody's Investors Service expects an increase in healthcare borrowing defaults in 2024 versus 2023, as more ratings migrate toward the lower-end of the credit spectrum.. Many healthcare companies will have no other options but to default in 2024, according to the new report from Moody's. Reasons include excessive leverage, elevated interest rates and expiring interest rate hedges, according to ...
Healthcare pricing protected so far from inflation, BLS data shows
Aug 26, 2022 · Between 2001 and 2020, prices for medical care increased between 1% and 5% each year. Overall prices saw more volatility, though generally increased at a slower rate than prices for medical care until recently. In July 2022, however, prices rose by 8.5% across the economy from the previous year, compared to 4.8% growth in prices for medical care.
Hospitals to experience financial strain over the next decade, …
Jun 8, 2022 · The report found: Adult inpatient volumes will recover from pre-pandemic numbers but will grow only 2% over the next decade. Adult inpatient days are expected to increase 8% during that same time, with additional increases of about 17% in tertiary inpatient days. The shift of inpatient surgical volumes to outpatient is projected to soften to ...