Practice Management News

US Surgeon General Offers Steps to Address Healthcare Worker Burnout

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Healthcare stakeholders and policymakers must take action to address healthcare worker burnout or risk exacerbating the projected workforce shortage, a report from the United States Surgeon General...

MGMA Requests Updates to Independent Dispute Resolution Portal

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The Medical Group Management Association (MGMA) has asked CMS to update the federal independent dispute resolution (IDR) portal to streamline the arbitration process for determining an out-of-network...

Healthcare Finance Leaders Facing Revenue Cycle Workforce Shortages

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Healthcare finance leaders are experiencing revenue cycle workforce shortages, with one in four reporting that they need to hire more than 20 employees to fully staff their department, according to a...

CO Supreme Court: Hospital Cannot Enforce $229K Surprise Bill

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The Colorado Supreme Court has ruled that a woman is not liable for her $229,000 surprise bill from a Centura Health hospital, as the hospital did not disclose the amount to her before the...

COVID-19 Federal Relief Funds Helped Offset Hospital Financial Losses

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Despite declining operating margins, overall hospital profit margins remained stable in 2020, suggesting that federal relief funds helped offset financial losses for hospitals during the COVID-19...

COVID-19 Vaccine Mandate Boosted Nursing Home Staff Vaccination Rates

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Following the COVID-19 vaccine mandate for nursing home staff, the vaccination rate among facility workers increased across the country by 25 percentage points, according to an issue brief from the...

Hospitals Performed 100K Low-Value Procedures During Pandemic

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Hospitals performed more than 100,000 low-value procedures on Medicare beneficiaries in 2020, contributing to the high rate of hospital overuse during the COVID-19 pandemic, according to an analysis...

New Internists Are Choosing Hospitals Over Outpatient Settings

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Newly certified internists commonly choose to practice medicine in hospitals rather than outpatient settings, suggesting that the outpatient primary care physician shortage will escalate, according to...

AHA Requests Funding Increase to Support Pediatric Workforce

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The American Hospital Association (AHA) and 25 other healthcare organizations have asked Congress to increase funding for the Children’s Hospitals Graduate Medical Education (CHGME) program to...

Advocate Aurora Health, Atrium Health to Create Joint Health System

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Advocate Aurora Health and Atrium Health have announced plans to merge into a joint health system and combine their clinical knowledge to provide care and improve health equity for patients across six...

Rising Contract Labor Utilization Boosted Hospital Labor Expenses

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Contract labor utilization and cost increased dramatically during the COVID-19 pandemic and were contributing factors to rising hospital labor expenses, according to a report from Kaufman Hall. The...

Fewer Adults Faced Medical Debt Challenges During Pandemic

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The pandemic may have brought some financial relief to consumers, as the share of adults experiencing medical debt challenges decreased in 2021, an Urban Institute report found. Researchers used data...

Nurse Workforce Shortage Looms as More Nurses May Leave Profession

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While nursing salaries have increased, the share of nurses considering leaving the profession is also up as pandemic-related stressors continue to impact the workplace and exacerbate the nurse...

Ambulatory Care, Hospital Employment Grew During April 2022

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The healthcare industry added 34,000 jobs in April 2022, with ambulatory care, nursing and residential care facility, and hospital employment all seeing growth, according to a report from the Bureau of...

COVID-19 Pandemic Exacerbated Healthcare Workforce Challenges

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The COVID-19 pandemic intensified healthcare workforce challenges, leading to significant staffing shortages, increased healthcare worker burnout, and other hurdles that will likely persist after the...

Rural Hospitals Facing Risk of Closure Due to Financial Stress

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The COVID-19 pandemic has led to significant financial stress for rural hospitals, with 441 facilities facing financial risk factors putting them at risk of closure, according to a report from the...

Vertical Integration, Joint Contracting Increased Physician Prices

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Vertical integration and joint contracting between physicians and health systems led to increases in physician prices, with the size of the increases correlating with the health system’s size,...

Private Equity Acquisitions Did Not Impact Hospital Quality, Spending

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Private equity acquisitions of short-term acute care hospitals were generally not associated with any changes in patient outcomes or healthcare spending among Medicare beneficiaries, a study published...

Outpatient Volumes Led to Better Physician, Hospital Revenues in March

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Following a rocky financial start to 2022, hospitals saw some early signs of relief in March, with higher revenues and outpatient volumes plus lower expenses, according to Kaufman Hall’s National...

Catholic Orgs Agree to Merge, Form Integrated Healthcare Network

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Catholic organizations SSM Health and Saint Louis University have announced a merger agreement to create an integrated healthcare network and improve health outcomes and health equity for the St. Louis...