Inpatient Care Providers

UMass Memorial, Harrington Healthcare Reveal Hospital Merger Plan

by Samantha McGrail

According to a new announcement, Harrington Health is currently negotiating a hospital merger deal with UMass Memorial. The Massachusetts-based health system voted to formally enter into a letter of...

Hospital Drug Spending to Increase 3.59%, Vizient Estimates

by Jacqueline LaPointe

Hospital drug spending will increase by 3.59 percent through next year, indicating a “continuation of the sustained modest growth” observed over the last several years, according to the...

CO Healthcare Costs Keep Climbing Due to Hospital Cost-Shifting

by Jacqueline LaPointe

Hospital cost-shifting is behind rising healthcare costs in Colorado, according to a new report from the state’s Department of Health Care Policy & Financing. The report found that, despite...

Hospital Merger and Acquisition Grew as Physicians Took a Step Back

by Jacqueline LaPointe

Hospital merger and acquisition activity experienced major growth as physician medical groups slowed their activity in 2019, according to a recent report from PricewaterhouseCoopers’ (PwC) Health...

Feds Go After Medical Debt Collection for Military Hospitals

by Jacqueline LaPointe

The federal government is pursuing medical debt collection for care received at military hospitals, and its collection tactics can be a lot more aggressive than the typical hospital’s strategy,...

Hospital Merger and Acquisition Activity Strong and Steady in 2019

by Jacqueline LaPointe

Hospital merger and acquisition (M&A) activity in 2019 remained “strong and steady,” with 92 transactions announced in 2019 compared to 90 the previous year, consulting firm Kaufman...

Beaumont Health Signs $6.1B Hospital Merger Deal with Summa Health

by Samantha McGrail

Beaumont Health and Summa Health signed a definitive hospital merger agreement to make Summa Health a subsidiary of Beaumont Health after the two organizations signed a letter of intent last...

5 Hospital Merger and Acquisition Moves Kicking Off 2020

by Jacqueline LaPointe

After hitting a record high in 2017, hospital merger and acquisition activity has remained strong. And as a new decade dawns, hospitals and health systems are continuing to make deals in order to...

No Quality of Care Benefit from Hospital Acquisitions, Study Finds

by Jacqueline LaPointe

Many hospitals and health systems tout the quality of care benefits of merger and acquisition deals. But a new study from researchers at Harvard University found that hospital acquisitions had little...

Out-of-Network Billing for Hospital Care Boosts Spending by $40B

by Jacqueline LaPointe

Patients receiving care at in-network hospitals face a significant risk of out-of-network billing for services performed by hospital-based anesthesiologists, pathologists, radiologists, and assistant...

New Healthcare Price Transparency Rule to Unveil Negotiated Rates

by Jacqueline LaPointe

HHS dropped two healthcare price transparency rules earlier today. The first is a final rule requiring hospitals to make all standard charges, including payer-specific negotiated rates, public in a...

Hospital Upcoding Behind Increase in Inpatient Spending in MA

by Jacqueline LaPointe

Higher prices and hospital upcoding drove the nearly 11 percent increase in commercial inpatient spending in Massachusetts, according to a new preliminary report from the Health Policy Commission...

Hospitals Retain 91% of Profit from Physician-Administered Drugs

by Jacqueline LaPointe

Physician practices and hospital outpatient clinics treat a similar number of commercially insured patients needing physician-administered drugs, but hospitals receive a larger share of the gross...

Healthcare CFOs Look Forward to Value-Based Care, Consumerism

by Jacqueline LaPointe

Chief financial officers are an organization’s financial gatekeeper, looking back at data to understand company performance, set and keep budgets, manage risk, and track cash flow. While these lookbacks ensure the company remains...