Financial reserves have helped nonprofit hospitals and health systems survive amid ongoing operational and economic challenges, according to a report prepared for the American Hospital Association...
The number of healthcare bankruptcies increased by 84 percent from 2021 to 2022, driven by rising costs, workforce shortages, and high interest rates, according to a report from Gibbins Advisors.
The...
Hospitals’ financial performances saw slight improvements in November 2022 as expenses declined and revenue was stable, but hospital margins remained negative, according to data from Kaufman...
A new approach to healthcare financial planning is emerging. Rolling forecasting provides a more flexible approach to healthcare financial planning and analysis, especially after organizations were hit...
Even as most hospitals are facing financial instability in 2022, operating margins for the country’s three largest for-profit health systems have met or exceeded pre-pandemic levels, according to...
Healthcare merger and acquisition activity was low in the third quarter of 2022, with just ten transactions generating $8.3 billion in revenue, according to Kaufman Hall’s latest M&A...
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...
Health system finances will likely remain unstable for the rest of the year, as rising patient volumes and revenues were not enough to offset negative hospital margins in August 2022, according to a...
Using automation for revenue cycle operations could lower hospital and health systems’ cost-to-collect by 0.25 percent, according to a survey from the Healthcare Financial Management Association...
After experiencing slight recovery during the first half of the year, hospital finances suffered in July 2022 as health systems saw low operating margins and revenue decreases, according to a report...
