Practice Management News

CMS Eyes Stricter Enforcement of Hospital Price Transparency Compliance

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Hospital price transparency compliance is a top priority for CMS, which plans to take “aggressive additional steps” to identify hospitals lacking required pricing information on their...

Workforce Challenges Remain a Top Concern for Healthcare Executives

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Workforce challenges were a main concern for healthcare executives in 2022 and will likely remain an issue in 2023, according to surveys from the American College of Healthcare Executives (ACHE) and...

KFF Study: Hospital Price Transparency Data Messy, Inconsistent

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Hospital price transparency data shared with the public is lacking in quality, challenging the usefulness of the information, according to Kaiser Family Foundation (KFF). KFF analyzed hospital price...

REH Designation May Help Small Share of Rural Hospitals Avoid Closure

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The new Rural Emergency Hospital (REH) designation could help nearly 88 rural hospitals avoid closures but will likely not have a widespread impact on safety-net facilities, according to a report from...

Only 25% of Hospitals Are Complying with the Price Transparency Rule

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Less than a quarter of hospitals are complying with the hospital price transparency rule over two years after the regulation went into effect, according to a report from PatientRightsAdvocate.org. The...

Higher Spending on Nursing Home Staff is Not Tied to Better Staffing Levels

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Nursing homes with higher shares of Medicaid residents directed more revenue toward workers but had lower staffing levels, indicating that a minimum nursing staff expenditure regulation would not...

GAO: CMS Nursing Home Ownership Information Lacks Transparency

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CMS nursing home ownership information does not align with the characteristics of effective transparency tools, according to a report from the Government Accountability Office (GAO). CMS oversees the...

Automating Claims Management Processes May Reduce Costs for Providers

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Automating claims management processes could help healthcare providers curb the high spending on administrative transactions they saw in 2021, according to the 2022 Index report from the Council for...

US Sees Highest Healthcare Spending But Worst Health Outcomes

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Despite spending the most on healthcare, the United States has the worst health outcomes among high-income countries, including the lowest life expectancy at birth and the highest rate of people with...

Locum Tenens Clinicians Experience Lower Burnout Levels than Physicians

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As physicians and advanced practice providers (APPs) continue to struggle with burnout, 71 percent of contract physicians and locum tenens clinicians reported experiencing little to no burnout,...

Plagued by High Expenses, Half of Hospitals Finish in the Red

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Last year was the worst financial year for US hospitals and health systems since the start of the COVID-19 pandemic, reports healthcare consulting firm Kaufman Hall. The firm’s latest...

Private Equity Ownership of Rural Hospitals is Growing, Report Finds

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Private equity firms own at least 130 rural hospitals, raising concerns about care quality, staffing levels, and financial pressures at these facilities, according to a report from the Private Equity...

Patients Face Higher Healthcare Spending, Prices at Health Systems

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Health systems delivered the majority of medical care in 2018, ranking high on clinical quality and patient experience measures. However, prices were steeper, and consumer spending was higher for those...

AMGA: Medical Groups Faced Workforce Challenges, High Expenses in 2022

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Ongoing workforce challenges have led to declining staffing ratios and high labor expenses for medical groups, a survey from the American Medical Group Association (AMGA) found. The 2022 Medical Group...

KLAS: Orgs Value Functionality from Claims Management Vendors

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Experian Health and Olive received the highest performance scores in the claims management market, with organizations choosing the vendors for their functionality and pricing, according to a KLAS...

Caring for Opioid Use Disorder Patients Costs Hospitals $95B Per Year

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Caring for patients with opioid use disorders (OUDs) costs hospitals more than $95 billion per year and accounts for almost 8 percent of all hospital spending, according to data from PINC AI Applied...

Intermountain Healthcare Rebrands, Drops “Care” In Name

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The health system formally known as Intermountain Healthcare has gone through a rebranding of its name, dropping the “care” to emphasize its role in keeping people healthy. The 33-hospital...

Just A Few Health Systems Dominate Medicare Inpatient Spending

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Medicare inpatient spending is highly concentrated in many parts of the US, causing concerns about the impact hospital consolidation will have on prices in the future. In 10 states plus the District...

Higher Surgical Volume Led to Better Patient Outcomes, Lower Costs

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Orthopedic surgeons with higher surgical volume generated better patient outcomes and lower costs for hip and knee replacements, according to data from the healthcare analytics platform Clarify...

Significant Staffing Challenges Continue for Nursing Homes

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Nursing homes are experiencing the most significant staffing challenges of any healthcare sector and have lost 210,000 jobs during the COVID-19 pandemic, according to a report from the American Health...