Practice Management

Key Ways the Debt Ceiling Impacts Healthcare Providers, Payments

by Jacqueline LaPointe

The US government could run out of money by next month if lawmakers cannot agree on raising or suspending the country’s debt limit. This economic catastrophe could leave the US without funds to pay its bills, and healthcare providers...

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...

Razor Thin Margins Leave Hospitals Vulnerable to a Recession

by Jacqueline LaPointe

Hospital operating margins are stabilizing after a turbulent couple of years. However, margins remain below pre-pandemic levels, which makes hospitals and health systems vulnerable to a possible...

Private Equity Firms Acquired Over 700 Oncology Practices in 20 Years

by Victoria Bailey

Private equity acquisition of oncology practices has grown in the past two decades, with over 700 clinics becoming affiliated with a private equity firm between 2003 and 2022, a study published in JAMA...

Intermountain Taps Surgery Partners to Manage, Grow ASCs

by Jacqueline LaPointe

Intermountain Health recently announced it signed a collaborative agreement for Tennessee-based Surgery Partners to take over management of its ambulatory surgery centers (ASCs) in certain markets...

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...

More Medical Liability Premiums Increased in 2022, AMA Finds

by Victoria Bailey

More than 35 percent of medical liability premiums increased in 2022, marking the highest rate in almost two decades, an analysis from the American Medical Association (AMA) found. The analysis...

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...

Clinician-Owned Practices Improve Quality Without the Burnout

by Jacqueline LaPointe

Workplace cultural and structural factors in clinician-owned practices that result in lower levels of staff burnout may also enable quality of care improvements, according to a recent study in JAMA...

KLAS: Healthcare Orgs Satisfied with Eligibility, Enrollment Services

by Victoria Bailey

Healthcare organizations are generally satisfied with their vendor partners that provide eligibility and enrollment services, but there is room for firms to improve their staff quality, charging...

How Do Rural Hospitals Survive When Facing Financial Instability?

by Victoria Bailey

As rural hospitals face financial instability, many facilities have persevered and remained open on their own, while others have experienced mergers or closures, a study published in Health Affairs...

Hospital Margins Still Negative, But Finances See Some Stability

by Jacqueline LaPointe

Hospital finances are seeing signs of stability after years of unpredictable ups and downs during the COVID-19 pandemic, according to Kaufman Hall’s latest “National Hospital Flash...

4 Common Surgeries Shifted to Outpatient During COVID-19

by Jacqueline LaPointe

The COVID-19 pandemic prompted greater uptake of outpatient surgery for four commonly scheduled general surgery operations, according to a new study in JAMA Network Open. Hospitals in the American...

Hospital Execs Expect Greater Shift to Outpatient Care

by Jacqueline LaPointe

Hospital and health system executives are expecting large increases in outpatient volume this year, according to a recent analysis from the Guidehouse Center for Health Insights. The Center for Health...

Hospital Financial Performance Still Lags Behind 2020

by Jacqueline LaPointe

Hospital financial performance continues to feel the effect of the COVID-19 pandemic, according to the latest “National Hospital Flash Report” from Kaufman Hall. The report shows that the...

Court Rejects Property Tax Exemptions for 4 PA Non-Profit Hospitals

by Jacqueline LaPointe

Several non-profit hospitals in Pennsylvania have failed to convince a court that they are purely public charities and, therefore, should qualify for property tax exemptions. The Pennsylvania...

Workforce Challenges Remain a Top Concern for Healthcare Executives

by Victoria Bailey

Workforce challenges were a main concern for healthcare executives in 2022 and will likely remain an issue in 2023, according to surveys from the American College of Healthcare Executives (ACHE) and...

REH Designation May Help Small Share of Rural Hospitals Avoid Closure

by Victoria Bailey

The new Rural Emergency Hospital (REH) designation could help nearly 88 rural hospitals avoid closures but will likely not have a widespread impact on safety-net facilities, according to a report from...

GAO: CMS Nursing Home Ownership Information Lacks Transparency

by Victoria Bailey

CMS nursing home ownership information does not align with the characteristics of effective transparency tools, according to a report from the Government Accountability Office (GAO). CMS oversees the...

Plagued by High Expenses, Half of Hospitals Finish in the Red

by Jacqueline LaPointe

Last year was the worst financial year for US hospitals and health systems since the start of the COVID-19 pandemic, reports healthcare consulting firm Kaufman Hall. The firm’s latest...