Practice Management News

Physician Work Hours Declined 7.6% Over the Last Two Decades

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While the physician workforce grew by over 30 percent in the last two decades, physician weekly work hours decreased by 7.6 percent, according to a study published in JAMA Internal Medicine. The...

KLAS: athenahealth, NextGen Lead in Practice Management Success

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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 to NYT: We Are Committed to Nurse Workforce Culture

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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...

Medical Bills Are Confusing for Nearly 40% of Adults, Survey Finds

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Almost 40 percent of Americans are confused by their medical bills, with many feeling uncertain about what they are being billed for or if they will be able to pay, according to a survey conducted by...

Experts Predict Strong Merger and Acquisition Activity for 2023

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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...

AHA: Delayed Discharges Led to 19% Increase in Patient Length of Stay

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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...

OIG: Labs Billed Medicare Part B for High Levels of Diagnostic Tests

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More than 370 labs submitted Medicare Part B claims that included questionably high billing for COVID-19 and additional diagnostic tests, a report from the Office of Inspector General (OIG)...

For-Profit Health System Operating Margins Exceed Pre-Pandemic Figures

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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...

Atrium Joins Advocate Aurora in Hospital Mega-Merger Deal

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Atrium Health and Advocate Aurora Health have finalized a hospital mega-merger, creating a 67-hospital system across parts of the South and Midwest. Charlotte, North Carolina-based Atrium announced on...

Patient Payment Solutions Not Living Up to Provider Expectations

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Most providers have seen an implementation of a patient payment solution over the past five years. However, 30 percent felt the implementations were not successful and only 58 percent reported high...

Rising Expenses, Negative Margins Drove Poor Hospital Finances

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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...

Inflation Driving Financial Challenges for Consumers, Health Systems

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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...

Sanford Health, Fairview Health Systems Plan to Form Integrated Health System

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Sanford Health and Fairview Health Services have signed a letter of intent to form an integrated health system that aims to improve access to quality care for rural and urban populations. “Our...

CMS Offers Up New Hospital Price Transparency Resources

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CMS has published on its website new hospital price transparency resources to help hospitals meet the federal requirement to make certain standard charges available to the public via a machine-readable...

Butler Health System, Excela Health Enter Definitive Merger Agreement

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Butler Health System (BHS) and Excela Health have entered into a definitive merger agreement to form a new hospital system that will serve 750,000 patients in western Pennsylvania. The agreement comes...

22 States Want CMS to Repeal Healthcare Vaccine Mandate

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The healthcare vaccine mandate from CMS is no longer needed, according to attorneys general from nearly half the states. A coalition of attorneys general from 22 states have filed a petition under the...

MGMA Requests Modifications of Good Faith Estimate Requirements

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The Medical Group Management Association (MGMA) has asked HHS, the Department of Labor, and the Department of the Treasury (the Departments) to modify the good faith estimate (GFE) and advanced...

Younger Primary Care Physicians Seeing High Levels of Burnout, Stress

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Primary care physicians have faced significant levels of stress since the start of the COVID-19 pandemic, with more than half of physicians under 55 experiencing emotional distress and burnout,...

NYC Nonprofit Hospitals Saw High Tax Breaks, Low Community Investments

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New York City nonprofit hospitals had a fair share deficit of $727 million in 2019, with nine major facilities spending less on community investments than they received in tax breaks, according to a...

Providers Vary When Measuring Return on Investment of RCM Automation

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Healthcare providers vary widely in how, when, and what they measure for return on investment (ROI) of revenue cycle management (RCM) automation, according to a survey from the Healthcare Financial...