Louisiana-based Ochsner Health System and Lafayette General Health announced on Wednesday their intentions to merge in a deal that would create the largest and most comprehensive health system in the...
Over 60 percent of hospitals and health systems are not realizing optimal value from their EHR system, causing the organizations to collaborate with other vendors and outsourcing companies to improve...
A new survey from Johnson & Johnson Medical Devices Companies suggests health system clinicians and executives are moving beyond traditional cost cutting initiatives to address cost pressures and...
A majority of metropolitan areas have highly concentrated hospital markets, and most of those areas saw the level of market concentration increase since 2012, according to a new report from the Health...
A physician’s top priority is always to deliver the highest quality care possible to patients. But in an increasingly sophisticated and difficult healthcare market, the providers are now finding...
Hospital mergers and acquisitions reduce healthcare costs and improve care quality, according to a new report commissioned by the American Hospital Association (AHA).
Specifically, the report prepared...
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...
Reducing reimbursement rates and implementing broad campaigns among physician groups has done little to decelerate medical imaging rates, suggested a study recently published in the Journal of the...
The US Department of Justice (DoJ) is investigating Providence St. Joseph’s Swedish Health Services over a civil issue, the non-profit disclosed in its recent quarterly earnings report.
The DoJ...
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...
Including inpatient and outpatient settings, hospital prescription drug spending is likely to increase by about 4.57 percent in 2020, according to Vizient’s July 2019 Drug Price Forecast.
The...
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...
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...
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...
Sanford Health and UnityPoint Health signed a letter of intent to explore a hospital merger deal that would create an $11 billion integrated system in America’s Heartland, the two organizations...
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...
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...
Ascension CEO Anthony R. Tersigni, EdD, FACHE, will retire by the end of the year, the large non-profit, Catholic health system recently announced on its website.
Tersigni has led the health system of...
Two large non-profit health systems in Texas are calling off a potential $14 billion hospital merger deal five months after signing a letter of intent to combine.
In a joint statement, Baylor Scott...
After over a year of negotiations, Catholic Health Initiatives (CHI) and Dignity Health recently finalized their hospital merger deal to create one of the largest non-profit health systems.
The health...
