Practice Management

Supply Chain Shortages Impact Patient Care and Provider Workflows

by Victoria Bailey

Supply chain shortages are compromising patient care and increasing administrative burden in every sector of healthcare, an ECRI survey revealed. The survey reflected responses from 200 healthcare...

Hospitals See Financial Relief as Revenues Increase, Margins Stabilize

by Victoria Bailey

Hospitals are seeing some financial relief as revenue increases offset rising expenses and operating margins stabilize, a Kaufman Hall report revealed. The latest edition of Kaufman Hall’s...

Hospital Finances Stabilize After 6 Months of Positive Margins

by Jacqueline LaPointe

Hospital finances seem to be stabilizing after years of historic losses and uncertainty. Median hospital operating margins increased to 1.4 percent in August, according to the latest hospital...

As Hospitals Consolidate, Medicaid Patients Have Fewer Options

by Jacqueline LaPointe

Access to care for Medicaid patients declines as hospital markets become more concentrated following mergers and acquisitions, a new research brief from the National Institute for Health Care...

Healthcare CFOs Concerned About Economy, Regulations

by Jacqueline LaPointe

The volatile economic environment is keeping healthcare CFOs up at night, suggests a new survey from the Deloitte Center for Health Solutions. The survey of more than 60 finance leaders of US health...

Hospital Financial Performance Continued Downward Trend in July

by Victoria Bailey

Hospital financial performance worsened in July 2023, with patient volumes, revenue, and operating margins falling, data from Kaufman Hall revealed. The most recent edition of the National Hospital...

Private Equity Acquisitions Come with Growing Antitrust Concerns

by Victoria Bailey

In some instances, private equity acquisitions have pro-competitive benefits for physician practices, Diane Hazel, partner at Foley & Lardner, told RevCycleIntelligence. Private equity firms can help practices consolidate operations,...

Hospitals, Health Systems Recognized for Price Transparency Compliance

by Victoria Bailey

Fifteen hospitals and health systems have been recognized for their compliance with the federal price transparency regulations. PatientRightsAdvocate.org created The Price Transparency Champion Award...

MGMA: EFT Fees Imposed by Health Plans Are Hurting Providers

by Victoria Bailey

Electronic funds transfer (EFT) fees imposed by health plans and third-party vendors are increasing costs and administrative burdens for healthcare practices, according to a position paper from the...

Private Equity in Healthcare Is Under A Microscope, So What’s Next?

by Jacqueline LaPointe

Private equity is gaining a foothold in healthcare despite growing evidence that its role has been detrimental to care quality and prices. But new data and even governmental concern aren't slowing private equity investments in provider...

Q2 2023 Hospital Merger and Acquisition Activity Hit Pre-Pandemic Levels

by Victoria Bailey

Hospital merger and acquisition activity in the second quarter of 2023 returned to pre-pandemic levels, with 20 transactions generating $13.3 billion, a Kaufman Hall report indicated. The 20 deals...

AMA: Physicians Have Moved from Private to Hospital-Owned Practices

by Victoria Bailey

In the last decade, physicians have shifted away from employment opportunities at private practices and are increasingly working at hospital-owned practices, an analysis from the American Medical...

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...

AMA: US Healthcare System Headed for Success After 2022 Hurdles

by Victoria Bailey

Medicare payment cuts and physician burnout continue to hurt the country’s healthcare system, but federal and state policies implemented in the past year have created a promising path forward,...

AHA: Health Insurer Policies Fuel Physician Practice Acquisitions

by Victoria Bailey

Health insurer policies are increasing administrative burden for independent physician practices, pushing them to seek employment in other settings and fueling physician practice acquisitions, a report...

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 Finances Break Even as PHE Ends, Medicaid Unwinds

by Jacqueline LaPointe

Finances broke even as the COVID-19 public health emergency (PHE) ended, leaving hospitals with little financial flexibility, healthcare consulting firm Kaufman Hall reports. The median year-to-date...

Physician Compensation, Productivity Grew in 2022 Despite Shortages

by Victoria Bailey

Physician compensation increased in 2022 but could not keep up with rising inflation, a report from the Medical Group Management Association (MGMA) revealed. The report reflects data from nearly...

KLAS Shares User Reviews of Computer-Assisted Coding Vendors

by Victoria Bailey

Healthcare organizations value client support, coder productivity, and accuracy when selecting computer-assisted coding (CAC) vendors, a KLAS report found. The Computer-Assisted Coding 2023 report...