As revenue cycle challenges persist, provider organizations are turning to vendors that offer extended business office services (EBOS), a KLAS report indicated.
The Extended Business Office Services...
Rural healthcare’s outlook just worsened, according to a new analysis from Chartis, a healthcare advisory firm.
The updated analysis of key indicators such as rural hospital operating margin,...
Adults with medical debt are more likely to delay care and experience additional financial challenges compared to those without debt, according to a KFF analysis.
The analysis used data from the 2021...
The number of healthcare bankruptcies in 2023 increased 71 percent from 2022, reaching the highest level in the last five years, a report from Gibbins Advisors revealed.
The report analyzed healthcare...
Healthcare CFOs are optimistic about the financial outlook this year as their organizations put revenue cycle management, dealmaking, and technology investments on the top of their priority lists.
The...
Hospital financial performance is getting back on track after organizations faced the toughest year since the beginning of the COVID-19 pandemic, according to new data from Kaufman Hall and Syntellis...
Rural populations and other vulnerable patients disproportionately rely on hospitals and their outpatient departments for care, according to a report from the American Hospital Association...
Administrative costs in healthcare are rising as payers and providers navigate staffing shortages, cybersecurity threats, and other challenges coming off of the COVID-19 pandemic.
The eleventh annual...
When it comes to revenue cycle management, healthcare leaders are concerned about timely patient collections, managing denials, and hiring and training staff in 2024, new data found.
The survey,...
New York City will invest $18 million in a program to relieve over $2 billion in medical debt for up to 500,000 New Yorkers.
New York City Mayor Eric Adams and New York City Department of Health and...
Steward Health Care, a for-profit health system headquartered in Dallas, Texas, is facing grave financial troubles, which may create ripples across the country.
The Boston Globe reported on Jan. 19th...
Healthcare merger and acquisition activity increased in 2023, with many transactions driven by financial distress, a Kaufman Hall report revealed.
In 2022, merger and acquisition activity rebounded...
Healthcare consumers support price transparency, with many wanting hospitals to publish actual prices in advance, not estimates, according to a survey from PatientRightsAdvocate.org.
The survey,...
Hospital finances are showing signs of recovery as margins continue to be positive and revenues are up from prior years, according to data from Kaufman Hall.
The National Hospital Flash Report...
Most hospitals do not have high medical billing quality, including patient access to a qualified billing representative and timely itemized billing statements.
A recent study published in JAMA...
The costs of providing inpatient COVID-19 treatment increased by 26 percent over the first two years of the pandemic, according to a study published in JAMA Network Open.
Through the end of 2022,...
Private equity acquisition of hospitals was associated with an increase in hospital-acquired conditions, including falls and central line-associated bloodstream infections, a study published in JAMA...
In the pursuit of an end-to-end revenue cycle management (RCM) platform, some providers have adopted technology from a single vendor. While there are several advantages of working with one vendor, a...
Hospitals and health systems are increasingly using revenue cycle automation to streamline operations and improve efficiency.
A recent survey of over 450 CFOs and revenue cycle leaders at US hospitals...
Medical groups had a rocky 2023 as expenses outpaced revenue and staffing shortages continued, a survey from the American Medical Group Association (AMGA) revealed.
The 2023 AMGA Medical Group...
