Hospital Revenue Cycle Management

Hospital Finances Stabilized as Revenues Grew, Expenses Fell

by Victoria Bailey

Hospital finances stabilized in May as operating margins remained positive, revenues increased, and expenses fell, a report from Kaufman Hall shared. The latest report reflects hospital performances...

Negotiated and Cash Prices are Lower at Physician-Owned Hospitals

by Victoria Bailey

Commercial negotiated prices and cash prices for common hospital procedures were lower at physician-owned hospitals compared to facilities not owned by physicians in the same region, a study published...

Rising Expenses May Jeopardize Hospitals’ Financial Stability

by Victoria Bailey

Hospital operating margins remained positive in April, but expenses continue to rise year-over-year, threatening future stability, a report from Syntellis Performance Solutions found. The report draws...

Nonprofit Hospitals Offer Less Charity Care Despite Rising Profits

by Victoria Bailey

Nonprofit hospitals are directing profit increases toward cash reserves instead of charity care, a study published in Health Affairs found. Hospitals use cash reserves to cover capital costs, offset...

Hospital Revenue Growth Outpaced Rising Expenses in March

by Victoria Bailey

Revenue growth exceeded expense increases in March 2023, resulting in positive hospital operating margins for the first time in 15 months, according to a report from Syntellis Performance...

Nonprofit Hospitals Rely on Financial Reserves Amid Operational Challenges

by Victoria Bailey

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...

AHA: Financial Challenges Continue as Hospital Expenses Rise

by Victoria Bailey

The rising costs of care are creating persistent financial challenges for hospitals and health systems, with hospital expenses growing faster than Medicare reimbursement over the last four years,...

Q1 2023 Healthcare Merger and Acquisition Activity Generated $12.4B

by Victoria Bailey

Healthcare merger and acquisition activity generated $12.4 billion in the first quarter of 2023, marking a significant year-over-year increase, according to a Kaufman Hall report. The M&A...

Tax Breaks Exceeded Charity Care Spending for Nonprofit Hospitals

by Victoria Bailey

Nonprofit hospitals received more in tax breaks than they spent on charity care in 2020, with the combined fair share deficit totaling $14.2 billion, according to a report from the Lown Institute. The...

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...

Medicaid Expansion Tied to Fewer Financial Challenges for Rural Hospitals

by Victoria Bailey

Rural hospitals in states that have not implemented Medicaid expansion have faced steeper financial challenges than those in expansion states, according to an analysis from the Kaiser Family Foundation...

Staffing Experts Share How Hospitals Can Improve Workforce Management

by Victoria Bailey

As staffing shortages continue, hospitals and health systems should focus on embracing the gig workforce, preparing for new regulations, and investing in technology to improve workforce management,...

Private Equity Ownership of Rural Hospitals is Growing, Report Finds

by Victoria Bailey

Private equity firms own at least 130 rural hospitals, raising concerns about care quality, staffing levels, and financial pressures at these facilities, according to a report from the Private Equity...

Caring for Opioid Use Disorder Patients Costs Hospitals $95B Per Year

by Victoria Bailey

Caring for patients with opioid use disorders (OUDs) costs hospitals more than $95 billion per year and accounts for almost 8 percent of all hospital spending, according to data from PINC AI Applied...

Medicaid Expansion Helped Improve Provider Financial Performance

by Victoria Bailey

Medicaid expansion has positively impacted healthcare providers by boosting financial performance and resulting in payer mix improvements, data from the Kaiser Family Foundation (KFF) found. All but...

Elective Surgeries Shifted from Inpatient to Outpatient Settings

by Victoria Bailey

Inpatient surgery utilization levels declined between 2019 and 2021, while utilization rates in outpatient settings increased, according to data from Cedar Gate Technologies. The findings reflect...

Financial Challenges for Health Systems Will Likely Persist in 2023

by Victoria Bailey

Hospitals and health systems will likely face another year of financial challenges in 2023 as they expect to continue grappling with inflation, staffing shortages, and low margins, according to data...

Hospital Margins Improved in November But Remained Negative

by Victoria Bailey

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...

For-Profit Health System Operating Margins Exceed Pre-Pandemic Figures

by Victoria Bailey

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...