Public Charge Rule to Boost Uncompensated Care Costs, Hospitals Say
The American Hospital Association (AHA) and five other hospital groups urged a court on Wednesday to stop a Department of Homeland Security final rule that is likely to reduce the number of insured...Residency Program Sale After Hospital Closure a Mistake, Reps Say
Two House Representatives are questioning a bankruptcy judge’s decision to approve the sale of Hahnemann University Hospital’s medical residency program following the hospital...Cerner Makes Strides with Improving Revenue Cycle Management Product
Provider organizations using Cerner’s revenue cycle management product are overwhelmingly reporting an improved relationship with the vendor despite a lack of financial outcome improvements,...Rural Hospital Closures Boost Mortality Rates by Nearly 6%
Rural hospital closures increased mortality by about 5.9 percent overall, while urban hospital closures had no measurable impact on mortality, according to a recently published National Bureau of...Expanded Hospital Price Transparency Rules Worry Half of Providers
Nearly half of providers recently polled by PMMC and Chilman Law Firm said publishing their negotiated rates with private payers were their biggest concern related to the Trump Administration’s...Patient Financial Experience Improving, But More Work to Be Done
Even the country’s top health systems have room to improve the patient financial experience to boost revenue cycle performance, according to a new study by The Health Management Academy for...Medicare Public Option Would Harm Rural Hospitals, Study Finds
As many as 55 percent of rural hospitals – or 1,037 hospitals – would be at a high risk of closure under a Medicare public option, revealed a recent analysis conducted by Navigant...Proposed Hospital Price Transparency Rule Faces Industry Criticism
A proposal to increase hospital price transparency by requiring facilities to publish their negotiated rates with private payers is raising red flags among major industry groups, including the American...OSF HealthCare Pursues Hospital Merger with Local System
Peoria, Illinois-based OSF HealthCare and Evergreen Park, Illinois-based Little Company of Mary Hospital and Health Care Centers recently announced talks surrounding a full hospital merger. The July...Mega Mergers Behind Recent Hospital Merger and Acquisition Activity
Overall hospital merger and acquisition (M&A) activity moderated in the second quarter of 2019, but the size of the deals increased, consulting firm Kaufman Hall recently reported. Hospitals and...Leading Vendors Helping Hospitals Manage Accounts Payable
As the industry shifts from fee-for-service to value-based care, hospitals and health systems must focus on delivering the highest quality care at the lowest cost possible, and that extends to the...Non-Profit Hospitals Sue to Get Patient Financial Responsibility
Non-profit hospitals are more likely to sue patients and garnish their wages to collect overdue patient financial responsibility, according to a case study recently published in JAMA. Researchers from...Developing a Patient Collection Strategy for a Growing Health System
Hospital mergers and acquisitions have the potential to improve affordability, care access, and innovation. But rapid growth has not necessarily helped patients pay their growing financial...Florida Repeals Hospital Certificate of Need Requirements
Hospitals in Florida no longer face certificate of need (CON) requirements for building facilities or launching services, such as comprehensive medical rehabilitation, neonatal intensive care, organ...76% of Execs to Invest in Predictive Analytics for Revenue Cycle
Investment in predictive analytics for revenue cycle management is up, according to a recent survey of nearly 1,500 hospital and health system CFOs, VPs of finance, controllers, and other revenue cycle...Third of Providers Regret Revenue Cycle Outsourcing Purchase
Provider organizations are finding that full revenue cycle outsourcing is not meeting expectations, according to a new market report from KLAS. For the report “Outsourced Revenue Cycle Services...Patient Financial Responsibility Increased 12% from 2017 to 2018
Patient financial responsibility increased by 12 percent for inpatient, outpatient, and emergency department care in 2018 despite consumers transitioning to lower cost settings, revealed a new...Hospital Financial Automation Under 25% for Most Organizations
Few provider organizations are widely engaging in hospital financial automation, according to a new Black Book CFO survey. Only 20 percent of the nearly 1,600 hospital and health system CFOs, VPs of...Sponsored by Definitive Healthcare