As healthcare spending escalates in the US, stakeholders have started looking at value-based payment models to address rising costs, but many payments are still tied to fee-for-service models,...
More than 70 million adults feel unprepared to pay for healthcare costs, while health systems are facing a tight labor market and ongoing supply chain issues, highlighting the financial repercussions...
The Health Resources and Services Administration (HRSA) has opened the Provider Relief Fund (PRF) portal to allow late reporting from healthcare providers on how they used PRF payments.
The portal is...
New York City nonprofit hospitals had a fair share deficit of $727 million in 2019, with nine major facilities spending less on community investments than they received in tax breaks, according to a...
The House Committee on Energy and Commerce has urged the Government Accountability Office (GAO) to investigate compliance with the hospital price transparency rule following continuous reports of...
Over half of hospitals that underwent a merger or acquisition between 2010 and 2019 were located in a different commuting zone than the acquirer, signifying a rise in cross-market hospital systems and...
Half of all hospitals reported spending 1.4 percent or less of their operating expenses on charity care in 2020, but spending varied due to different state-level charity care policies, according to...
The US healthcare system has a waste problem. Recent research published in JAMA confirmed that about a quarter of healthcare spending in the country can be attributed to waste, with wasteful spending totaling up to $935 billion.
Waste is...
Almost two-thirds of hospitals are complying with hospital price transparency rule requirements and have published machine-readable files with negotiated rates or cash rates, according to Turquoise...
Hospitals will need to take drastic cost-cutting measures to stabilize balance sheets after one of the worst financial years in decades, according to economists from Johns Hopkins.
Those measures may...
The No Surprises Act gives states the opportunity to enforce surprise billing provisions, but most are leveraging the federal independent dispute resolution process to determine out-of-network rates,...
Most healthcare consumers do not typically research different pricing options before receiving healthcare services, indicating the need for greater price transparency, according to a survey from...
A COVID-19 boost vaccination campaign could seriously impact potential healthcare spending this fall and winter, according to a new analysis from the Commonwealth Fund.
The private think tank recently...
Total cost per emergency department (ED) patient encounter remained unchanged at an academic medical center after it implemented an emergency department-based intensive care unit (ED-ICU), indicating...
Healthcare has a spending problem. For all the investments made in healthcare—$4.1 trillion to be exact—outcomes are not where they should be. In fact, the US has the lowest life expectancy compared to other high-income...
Inflation and rising labor costs will increase US national healthcare spending by $370 billion in the next five years, according to a McKinsey report.
Consumer prices are rising faster than healthcare...
Hospital expenses have increased 23 percent since 2016, a spike researchers attributed to continuous COVID-19 challenges, according to a recent analysis from QuoteWizard.
By...
Physician-led hospitals improve care quality and lower patient costs by driving market competition, making them an effective option to combat healthcare consolidation, according to a study conducted by...
Private equity acquisition of physician practices in dermatology, gastroenterology, and ophthalmology was associated with increased healthcare spending and utilization, according to a study published...
The Federal Trade Commission (FTC) has urged state lawmakers to repeal Certificate of Public Advantage (COPA) laws, asserting that the agreements allow otherwise illegal hospital mergers to bypass...