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...
Ongoing workforce challenges have led to declining staffing ratios and high labor expenses for medical groups, a survey from the American Medical Group Association (AMGA) found.
The 2022 Medical Group...
The health system formally known as Intermountain Healthcare has gone through a rebranding of its name, dropping the “care” to emphasize its role in keeping people healthy.
The 33-hospital...
Orthopedic surgeons with higher surgical volume generated better patient outcomes and lower costs for hip and knee replacements, according to data from the healthcare analytics platform Clarify...
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...
The number of healthcare bankruptcies increased by 84 percent from 2021 to 2022, driven by rising costs, workforce shortages, and high interest rates, according to a report from Gibbins Advisors.
The...
Healthcare private equity activity remained strong despite rising interest rates, high inflation, and other market factors, according to a new report from Bain & Company.
During the first half of...
Private equity (PE) acquisitions of physician-owned medical practices lead to workforce composition changes, such as greater replacement of clinicians and the addition of more advanced practice...
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...
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...
More than 600 rural hospitals are at risk of closing after consistently losing money on patient services and lacking net assets to offset these losses, according to data from the Center for Healthcare...
Over the last 12 years, the share of unionized healthcare workers remained stable at 13.2 percent, with nurses, older workers, and those working full-time more likely to report being unionized,...
A new approach to healthcare financial planning is emerging. Rolling forecasting provides a more flexible approach to healthcare financial planning and analysis, especially after organizations were hit...
Practice management vendors athenahealth, NextGen Healthcare, and Epic ranked highest for overall satisfaction and consumer experience among healthcare practices, a KLAS report found.
KLAS interviewed...
Ascension is fighting back after a New York Times report alleged that the nonprofit health system created its own nurse workforce challenges by downsizing in order to improve profitability.
“Any...
Experts are predicting that the healthcare industry will see substantial merger and acquisition activity in 2023, despite most sectors facing headwinds in 2022, according to data from PwC.
PwC’s...
The average patient length of stay in hospitals has increased by 19.2 percent in 2022 compared to pre-pandemic levels, according to an issue brief from the American Hospital Association...
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...
Hospitals’ poor financial performances continued in October, driven by negative operating margins and rising expenses, according to data from Kaufman Hall.
The National Hospital Flash Report...
More than 70 million adults feel unprepared to pay for healthcare costs, while health systems are facing a tight labor market and ongoing supply chain issues, highlighting the financial repercussions...
