hospital finances
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Hospitals’ Operating Margins Fell In July After 4 Months of Growth
Hospital finances worsened in July as volumes dropped, according to a new report. Following four months of growth, hospitals’ median year-to-date operating margin index fell 1.3%, down from 1.4% in June. Hospital finances still remained in a better place than they were last year, given hospitals’ median operating margins were -0.98% in July 2022.
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Hospital M&A Activity Remained Strong in Q1 With 15 Deals Announced
Hospital M&A activity remained strong during the first quarter of 2023, according to a new report from Kaufman Hall. Hospitals and health systems announced 15 M&A transactions in the first quarter of 2023, which almost matches the 17 transactions announced in the fourth quarter of 2022.
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Payer’s Place: Dr. Anil Singh
Dr. Anil Singh shares his insights into the strategies employed by the organization to identify the most effective digital solutions for their members.
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Tax Breaks Far Outweigh Community Spending at Most Nonprofit Hospitals
A new report from Lown Institute examined the finances of 1,773 private nonprofit hospitals across the U.S. For more than three-quarters of these hospitals, their spending on charity care and community investment was less than the money they received in tax breaks in 2020. These combined deficits totaled $14.2 billion, which is enough money to relieve 18 million Americans’ medical debt or prevent 600 at-risk rural hospitals from closing, according to the report.
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Which Trends Dominated Hospital M&A Activity Last Year?
M&A activity among health systems picked up last year — key trends included cross-market mega-mergers and academic medical centers expanding their community hospital networks. Despite tough economic conditions, Kaufman Hall experts expect this activity to continue growing in 2023.
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2023 Will Be a Year of Shrinking Margins and More Consolidation for Hospitals, Expert Says
Inflation and shrinking operational margins are among the key factors that will influence hospitals and health systems’ strategies in 2023. To deal with this, more hospitals will merge with other systems, predicted Tina Wheeler, Deloitte’s leader for its healthcare sector.
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Medicare Needs to Pay for Some of Hospitals’ Discharge Delays, AHA Says
Hospitals are struggling to discharge patients in a timely manner, according to the American Hospital Association. This is often because there are no available spots for patients being transferred to outpatient facilities. To remedy the increased costs hospitals face as a result of this issue, an AHA exec said Medicare should establish a temporary per diem payment for cases in which a patient is ready for discharge but is unable to be discharged appropriately.
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Can Hospitals Succeed in VBC and Improve Their Overall Financial Health? An Oxymoron, It Is Not
Here are three proven strategies for hospital executives to create an overall winning proposition (while keeping patients at the center of it).
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Trends that will Shape Healthcare in 2023: Hospital Closures, Scaling Retail Clinics & More
Consumer research firm Forrester recently predicted major trends that would shape healthcare in 2023. Healthcare stakeholders should prepare for key changes, such as care becoming even more inaccessible for rural patients and additional retail entrants into the clinic space.
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Hospitals, MedCity Influencers, Health Tech
How hospitals should approach quality improvement in a post-Covid-19 world
While no single approach is right for every hospital, there are a few fundamental tenets that all healthcare organizations should keep in mind as they design a quality improvement program.
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Discover the Next-Gen Platform for Integrated Collaborative Care
Beyond EHRs and digital front doors, reducing the gaps in patient care journeys.
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Report: Hospitals continue to see tight margins as Delta variant raises concerns
Hospital revenues and volumes are on an upswing, but growing expenses are still offsetting gains in these areas, especially as cases caused by the Delta Covid-19 variant continue to rise.
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Enhancing Efficiency in your Practices: Unleashing the Power of Greenway Health’s Optimization Services
Resolve your healthcare information technology concerns by optimizing your technology, boosting workflows, improving staff productivity, and driving revenue.
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Payer’s Place: Don Antonucci
The CEO of Providence Health Plan visits the Payer’s Place and addresses the future of payment models.
