Practice Management News

More Nurses to Leave Healthcare Workforce as Job Satisfaction Drops

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More nurses plan to leave the healthcare workforce as career satisfaction has decreased and mental health and well-being problems have increased, according to a survey from AMN Healthcare. The 2023...

What the End of the COVID-19 PHE Means for Healthcare Providers

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The COVID-19 public health emergency (PHE) has officially ended, and with it, so have policies that helped healthcare providers navigate challenging circumstances, including provider relief funds and...

Hospital Revenue Growth Outpaced Rising Expenses in March

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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...

CFPB Report Identifies Pitfalls of Medical Credit Cards, Loans

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In the age of high deductibles, providers are increasingly turning to financial institutions and fintech companies to offer medical credit cards and installment loans to their patients. However, a new...

Hospital-Physician Integration Leads to More Intense Cardiac Care

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Patients who see cardiologists employed by hospitals are significantly more likely to receive high-intensity, hospital-based coronary interventions compared to patients who see independent doctors,...

Razor Thin Margins Leave Hospitals Vulnerable to a Recession

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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

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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

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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...

Skilled Nursing Facility Use Increased Following PHE Waiver

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Skilled nursing facility (SNF) episodes for Medicare beneficiaries without preceding acute care increased during the COVID-19 public health emergency (PHE), a study published in JAMA Internal Medicine...

Kaiser Permanente to Acquire Geisinger, Expand Value-Based Care

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California-based integrated health system Kaiser Permanente recently announced that it has agreed to acquire Geisinger Health, a 10-hospital system on the East Coast, in an effort to develop a new...

Nonprofit Hospitals Rely on Financial Reserves Amid Operational Challenges

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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

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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...

Uncompensated Care, Area Disadvantage Impair Safety-Net Margins

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Safety-net hospitals with the highest levels of uncompensated care and area socioeconomic disadvantage have lower margins compared to other safety-net providers, according to a recent study out of...

AHA: Financial Challenges Continue as Hospital Expenses Rise

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The rising costs of care are creating persistent financial challenges for hospitals and health systems, with hospital expenses growing faster than Medicare reimbursement over the last four years,...

Price Transparency Rule Compliance is Growing But Needs More Oversight

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More than two years after the hospital price transparency rule went into effect, provider compliance is increasing, according to a report from Turquoise Health. The software company’s Price...

Revenue Cycle Leaders Spend the Most Time on Denials Management

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Denials management and prior authorization are the most time-consuming revenue cycle management tasks for healthcare financial leaders, a survey commissioned by the healthcare operations company AKASA...

Physician Compensation Rises 17% Since 2018 as Shortages Persist

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Physician compensation is on the rise as healthcare organizations confront persistent clinician shortages and record levels of burnout. The “Medscape Physician Compensation Report 2023”...

900K Registered Nurses Expected to Leave Workforce by 2027

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After losing 100,000 registered nurses during the COVID-19 pandemic, the nursing workforce is expected to lose an additional 900,000 workers by 2027, according to research from the National Council of...

Froedtert Health, ThedaCare Announce Merger Plans

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Froedtert Health and ThedaCare have signed a letter of intent to merge in hopes of creating a roughly $5 billion health system with 18 hospitals in Wisconsin. The two Wisconsin-based non-profit health...

Q1 2023 Healthcare Merger and Acquisition Activity Generated $12.4B

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Healthcare merger and acquisition activity generated $12.4 billion in the first quarter of 2023, marking a significant year-over-year increase, according to a Kaufman Hall report. The M&A...