Healthcare Revenue Cycle Management, ICD-10, Claims Reimbursement, Medicare, Medicaid

Hospital Revenue Cycle

Healthcare Prices Hit Highest Annual Growth Rate Since Jan 2012

April 19, 2018 - The growth rate for healthcare prices increased 2.2 percent in March 2018 compared to the previous year, representing the greatest annual growth rate since January 2012, revealed the most recent Health Care Price Index from Altarum. Hospital prices largely drove the growth in overall healthcare prices, the brief showed. In March 2018, annual price growth for hospital care was 3.7 percent,...


More Articles

Real-Time Insights into Nursing Workflow Maximizes Productivity

by Jacqueline Belliveau

An elderly patient presses the nurse call button to get assistance with standing up and using the toilet, while another patient in the next room presses the button to get help with changing the TV channel. Further down the hall, lights turn on...

OR Efficiency, Machine Learning Boosts UCHealth’s Revenue by $10M

by Jacqueline Belliveau

Moving from traditional block scheduling for the operating room (OR) to more of a service-based system that used machine learning maximized OR efficiency and increased revenue by $10 million across UCHealth’s University of Colorado Hospital...

69% of Providers Delayed Care Over Hospital Supply Chain Shortages

by Jacqueline Belliveau

A new Cardinal Health survey revealed hospital supply chain shortages are impacting patient care, particularly in the operating room (OR). The survey of over 300 frontline clinicians, operating room supply chain decision-makers, and hospital...

Hospital Care at Home Cuts Healthcare Costs in Half at MA Hospital

by Jacqueline Belliveau

Healthcare costs for an acute care episode were 52 percent lower when acutely ill patients received hospital care at home, rather than being placed in a hospital bed, according to a recent study in the Journal of General Internal Medicine. The...

Transforming the Hospital Laboratory into a Profit Center

by Jacqueline Belliveau

Hospital and health system executives are missing an opportunity to maximize revenue cycle and operational success by viewing the hospital laboratory as a cost, rather than profit, center, explained Charles Wilson, MHA, Vice President of Operations...

Advocate, Aurora Hospital Merger Deal Earns Regulatory Approval

by Jacqueline Belliveau

Federal and state authorities recently gave the proposed hospital merger between Illinois-based Advocate Health Care and Wisconsin-area Aurora Health Care the greenlight, the health systems announced in a joint press release. The health systems...

Medical Prices Grew 28% for Hospital E&M Services Since 2012

by Jacqueline Belliveau

Medical prices for hospital evaluation and management (E&M) services rose 28 percent and allowed amounts increased 26 percent between May 2012 and 2017, the most recent FH Medical Price Index from FAIR Health revealed. The analysis of over...

Fewer Hospitalizations Reduced Skilled Nursing Facility Use by 15%

by Jacqueline Belliveau

Skilled nursing facility (SNF) utilization has declined 15 percent from 2009 to 2016, a new Avalere analysis revealed. The analysis of Medicare fee-for-service claims revealed that SNF utilization dropped from 1,808 SNF days per 1,000 Medicare...

UNC Health Care, Atrium Health Scrap Hospital Merger Deal

by Jacqueline Belliveau

North Carolina-based UNC Health Care and Atrium Health recently announced that they will no longer pursue a hospital merger deal that would create one of the largest health systems in the country. “After months of discussions and due diligence,...

Hospitals Target Labor Costs, Layoffs to Reduce Healthcare Costs

by Jacqueline Belliveau

Hospitals and health systems are under immense pressure to improve efficiency and reduce their healthcare costs as payers decrease claims reimbursement rates and hospital consolidation continues to grow. Facing tighter margins and increased competition,...

Bon Secours, Mercy Health Engaging in Hospital Merger Talks

by Jacqueline Belliveau

Maryland-based Bon Secours Health System recently announced its intent to engage in a hospital merger deal with Mercy Health in Ohio and Kentucky. The Catholic health systems are currently engaged in merger talks, with a final deal expected to...

Patient Education Boosts Revenue, Quality for Joint Replacements

by Jacqueline Belliveau

Offering interactive patient education pre- and post-total joint replacement surgery is key to improving patient outcomes and generating new revenue, a multi-specialty hospital system in the Twin Cities area recently found. An estimated 7 million...

State Green Lights Partners, Mass. Eye and Ear Hospital Merger

by Jacqueline Belliveau

Massachusetts public health officials recently approved a proposed hospital merger between the state’s largest hospital system, Partners HealthCare, and specialty hospital Massachusetts Eye and Ear. The Public Health Council unanimously...

Addressing Regulatory Burden, Patient Payments Top HIMSS18 Trends

by Jacqueline Belliveau

Healthcare finance professionals can bet on discussing compliance, innovative health IT systems, and patient financial responsibility at the 2018 HIMSS Annual Conference and Exhibition (HIMSS18) in Las Vegas. Over 45,000 healthcare stakeholders...

Financial Challenges Continue to Trouble Community Hospital CEOs

by Jacqueline Belliveau

Financial challenges continued to keep community hospital CEOs up at night in 2017, according to a recent American College of Healthcare Executives (ACHE) survey. Once again, hospital leaders identified financial obstacles as the top issue their...

Flexibility, Value-Based Payment Key to Rural Hospital Success

by Jacqueline Belliveau

Health policies should provide rural hospitals with the flexibility to develop healthcare services that meet community needs and the value-based payment and funding structures to support tailored services, the Bipartisan Policy Center (BPC) and...

Health Systems Form Drug Company to Combat Rising Costs, Shortages

by Jacqueline Belliveau

Intermountain Healthcare, Ascension, SSM Health, and Trinity Health recently announced that they will create a non-profit generic drug company to reduce prescription costs and alleviate critical drug shortages. With consulting services with the...

Hospital Closures Increased in States Without Medicaid Expansion

by Jacqueline Belliveau

Hospitals in Medicaid expansion states were six times, or about 84 percent, less likely to face hospital closures than their peers in non-expansion states, a new Health Affairs study showed. The hospital closure rate decreased by 0.33 per 100...

3 Strategies to Reduce Hospital Readmission Rates, Costs

by Jacqueline Belliveau

Providers understand that high hospital readmission rates spell trouble for patient outcomes. But excessive rates may also threaten a hospital's financial health, especially in a value-based reimbursement environment. Readmissions are...

X

Join 30,000 of your peers and get free access to all webcasts and exclusive content

Sign up for our free newsletter:

Our privacy policy

no, thanks

Continue to site...