Hospital Reimbursement

Hospital Pros and Cons of the CY 2022 OPPS Proposed Rule

by Jacqueline LaPointe

The newly proposed Medicare Outpatient Prospective Payment System (OPPS) rule for calendar year (CY) 2022 is causing a stir with new hospital price transparency enforcement rules and other...

CMS Proposes 2022 OPPS Rates, Higher Hospital Price Transparency Penalty

by Jacqueline LaPointe

CMS is seeking greater hospital price transparency enforcement through the newly proposed Medicare Outpatient Prospective Payment System (OPPS) rule for calendar year (CY) 2022. The rule proposed...

340B Drug Payment Case Heads to Supreme Court

by Jacqueline LaPointe

The US Supreme Court recently announced that it will hear an ongoing debate over cuts to 340B drug payments to Medicare hospitals. The case will be heard during the Supreme Court’s upcoming...

Supreme Court Will Not Hear Site-Neutral Payment Case

by Jacqueline LaPointe

The Supreme Court has declined to take up a lawsuit filed by the American Hospital Association (AHA) that aimed to reverse Medicare’s site-neutral payment policy for clinic visits furnished to...

Hospital Financial Performance Shows Signs of Post-COVID Recovery

by Jacqueline LaPointe

Hospitals are taking steps on the road to recovery after dramatic losses across volumes, revenues, and other financial metrics during the COVID-19 pandemic, according to the latest hospital financial...

AHA Launches Hospital Revenue and Claims Comparison Tool

by Jill McKeon

The American Hospital Association (AHA) recently launched the AHA Vitality Index, a data benchmarking tool that provides hospitals with a dashboard to track claims and reimbursements, as well as...

Hospital Outpatient Payment Would Suffer If 340B Cuts Reversed

by Jacqueline LaPointe

Outpatient payments would decrease for the majority of hospitals if HHS reversed a controversial policy reducing 340B drug reimbursement, according to a new Avalere analysis. The analysis examined...

Hospital Medicare Payments Dwarf Surgical, Add to Price Hikes

by Hannah Nelson

Even as length of stay decreased for hip fracture patients, the disparity between Medicare reimbursements to hospitals and reimbursements to surgeons has grown in recent years for this procedure,...

2% Hospital Reimbursement Hike, Other 2022 MedPAC Recommendations

by Jacqueline LaPointe

In its annual March report to Congress, the Medicare Payment Advisory Commission (MedPAC) has recommended a 2 percent increase in Medicare hospital reimbursement rates in 2022 and no update for...

Hospitals Increasingly Billing Inpatient Stays at Highest Severity

by Jacqueline LaPointe

A new report from the HHS Office of the Inspector General (OIG) has shown that hospitals have increasingly billed inpatient stays at the highest severity level, causing concern about Medicare...

COVID-19 Hospital Revenue Losses Could Reach Up to $122B in 2021

by Jacqueline LaPointe

Total hospital revenue will take a significant hit compared to pre-pandemic levels, spelling trouble for ongoing COVID-19 vaccination efforts, according to a new analysis. The analysis prepared by...

Rocky Hospital Financial Performance Suggests Long Road to Recovery

by Jacqueline LaPointe

Hospital financial performance started on a low note in 2021, with margins, volumes, and outpatient revenues all below prior year performance in January, according to the latest data from healthcare...

Hospital Price Transparency to Save Just $8.7B to $26.6B a Year

by Jacqueline LaPointe

Hospital price transparency policies are slated to save between $8.7 billion to $26.6 billion a year, but that may not make a big enough dent in the $1.2 trillion—and growing—hospital...

Medicare FFS Utilization Declined Across the Board During COVID-19

by Jacqueline LaPointe

As communities implemented shelter-in-place orders and medical providers closed their doors in the spring of 2020, older adults did not seek medical care, leading to a dramatic reduction in Medicare...

Hospitals Ask Supreme Court to Take Up 340B, Site-Neutral Payments

by Jacqueline LaPointe

The American Hospital Association (AHA), joined by member hospitals and other national organizations, have filed petitions asking the Supreme Court to reverse two appeals court decisions impacting...

Physician Practices Trail Hospitals in Value-Based Care Readiness

by Emily Sokol, MPH

Small, non-affiliated physician practices fall behind hospitals and health systems when it comes to value-based contracting, found the Value-Based Care Assessment: 2020, the latest report from Insights...

Medicare, Medicaid Payments Off Actual Costs By $75.8B in 2019

by Jacqueline LaPointe

Hospitals received just 87 cents for every dollar they spent caring for Medicare patients and 90 cents for every dollar on Medicaid patients in 2019, according to new data from the American Hospital...

Rolling Forecasts, Budget Flexibility Key 2021 Health Finance Trends

by Hannah Nelson

After COVID-19 disrupted the healthcare system last year, finance teams adjusted processes to provide budget flexibility and rolling forecasts and will continue to do so in 2021, according to Syntellis...

10 Hospital Service Lines Most Impacted by COVID-19

by Jacqueline LaPointe

The COVID-19 pandemic has led to historic patient volume losses, and many major hospital service lines continue to see a significant impact on their volumes because of rising cases and lasting changes...

Latest COVID-19 Surges Impact Hospital Operating Margins

by Jacqueline LaPointe

Hospital operating margins took a hit in November as rates of infection and COVID-19 hospitalizations ticked up yet again across the country, according to the latest National Hospital Flash...