Healthcare Spending

Hospital Chargemaster Heavily Influences Cash Prices, Payer Rates

by Jacqueline LaPointe

While neither patients nor payers typically pay what hospitals charge for services, a new Health Affairs study finds that those hospital chargemaster rates still matter. Researchers at Johns Hopkins...

How CMMI Value-Based Care Models Have Impacted Costs, Quality

by Victoria Bailey

Many value-based care models have helped generate savings, reduce costs, and improve care quality, but models must incorporate health equity and clinical outcomes to achieve true value for all,...

Medicare ACO Healthcare Spending Recovered to Pre-Pandemic Levels

by Victoria Bailey

Between 2019 and 2021, healthcare spending by accountable care organizations (ACOs) in the Medicare Shared Savings Program (MSSP) recovered to pre-pandemic levels but shifted from inpatient to...

Hospital Margins Still Negative, But Finances See Some Stability

by Jacqueline LaPointe

Hospital finances are seeing signs of stability after years of unpredictable ups and downs during the COVID-19 pandemic, according to Kaufman Hall’s latest “National Hospital Flash...

Healthcare Employment, Spending Continues to Grow in 2023

by Victoria Bailey

Healthcare employment has continued its steady growth in 2023, with the industry adding 44,200 jobs in February, according to Altarum’s March Health Sector Economic Indicators briefs. Healthcare...

Price Transparency Data Reveals Most Expensive Brain MRI Locations

by Jacqueline LaPointe

A study of negotiated rates under the new hospital price transparency rule has identified the most expensive type of hospital to receive a brain MRI. Since Jan. 1, 2021, the federal government has...

Two-Thirds of Patients Have Never Challenged a Medical Bill’s Accuracy

by Victoria Bailey

Nearly two-thirds of patients have never challenged a medical bill, but among those who have, most charges were reduced or removed, according to a survey conducted by AKASA on behalf of YouGov. The...

Patients with Alzheimer’s Disease See Higher Hospital Readmission Rates

by Victoria Bailey

Readmission rates and episode costs were higher among patients with Alzheimer’s disease and related dementias (ADRD), suggesting hospitals should prioritize reducing avoidable hospitalizations...

AHA: Financial Assistance One Piece of Hospital Community Benefits

by Editorial Staff

The American Hospital Association (AHA) has responded to a recent analysis from Kaiser Family Foundation (KFF) that found tax exemptions provided to nonprofit hospitals exceeded hospital charity care...

Emergency Department Labor Costs Up 50% From Pre-Pandemic Levels

by Victoria Bailey

Hospital expenses remain high in 2023, with emergency department labor costs in particular increasing 50 percent from pre-pandemic levels, according to a report from Syntellis Performance...

Hospital Contract Labor Expenses Jump 258% As Shortages Persist

by Jacqueline LaPointe

Not only did hospitals and health systems rely more on contract staffing firms to meet patient demand in 2020, but facilities also paid staffing firms more to compete for workers. A recent report from...

4 Common Surgeries Shifted to Outpatient During COVID-19

by Jacqueline LaPointe

The COVID-19 pandemic prompted greater uptake of outpatient surgery for four commonly scheduled general surgery operations, according to a new study in JAMA Network Open. Hospitals in the American...

Hospital Financial Performance Still Lags Behind 2020

by Jacqueline LaPointe

Hospital financial performance continues to feel the effect of the COVID-19 pandemic, according to the latest “National Hospital Flash Report” from Kaufman Hall. The report shows that the...

Negotiated Prices for Surgical Procedures Higher in Hospital Networks

by Victoria Bailey

Negotiated prices for surgical procedures were higher at facilities within hospital networks compared to independent hospitals, according to a study published in JAMA Network Open. The hospital price...

KFF Study: Hospital Price Transparency Data Messy, Inconsistent

by Jacqueline LaPointe

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...

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

by Victoria Bailey

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...

How Healthcare Organizations Can Help Improve Social Risk Interventions

by Victoria Bailey

Financing healthcare organizations’ involvement in social risk interventions would require multiple funding approaches and is not guaranteed to improve the delivery of social services, according...

Automating Claims Management Processes May Reduce Costs for Providers

by Victoria Bailey

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

by Victoria Bailey

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...

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

by Jacqueline LaPointe

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...