Source: Dimensional Insight After a tumultuous few years, the forecast is finally getting brighter for hospital finances in 2024. While the healthcare industry still bears deep scars from a crushing pandemic, lingering staffing shortages, and soaring expenses, data indicates that the storm clouds may finally be parting. Leading research firms and financial analysts predict this […]
Source: Yahoo Finance The number of financial assistance transactions processed by TransUnion Healthcare increased 55% between September 2020 and September 2021. A new analysis from TransUnion Healthcare (NYSE: TRU) released at the HFMA Annual Conference indicates hospitals are more proactively working with patients to understand their financial needs and provide them appropriate options. The data […]
Source: University of Maryland – Baltimore Nurses play a key role in applying lessons learned from the COVID-19 pandemic and mitigating the impacts caused by social determinants of health, according to the keynote speakers at the 2021 Maryland Action Coalition (MDAC) Virtual Leadership Summit, hosted by the University of Maryland School of Nursing (UMSON). The theme […]
Source: American Hospital Association AHA’s Future of Rural Health Care Task Force has released a report with recommendations for long-range solutions for improving rural health and health care in America. Read more for the innovative solutions and promising practices for care delivery, as well as models to ensure the financial stability of rural hospitals and access to […]
By: Hayley Smith Source: Los Angeles Times The announcement of Olympia Medical Center’s sale and closure came on New Year’s Eve. Before the clock struck midnight, the community began mobilizing against it. City Council members wrote letters, healthcare workers signed petitions, and union groups staged protests in the days and weeks that followed. By the end of […]
Source: HealthcareDive.com Date: 3/15/19 By: Les Masterson Medicaid work requirements could hurt hospital finances, though how a state’s payer mix and how it designs the regulation will influence the subsequent financial impact for providers, according to a new report from The Commonwealth Fund. Work requirements lead to fewer covered Medicaid beneficiaries. That results in hospitals […]
Charity Care at Highest Level Since Early 2014 By: KTVZ.COM news sources PORTLAND, Ore. – As Oregon community hospitals’ costs continued to increase, relative to revenues, operating margins continued their downward trend at the close of 2017, landing at a median of -0.8 percent, which was among the lowest tallied in dozens of years, the […]
By: ESO Solutions Key Hospital Predictions for 2018: Evidence-based care for acute events will continue to be emphasized: From first medical contact to hospital admission through rehab, new evidence-based research will play a key role in the treatment and destination decisions for patients experiencing acute events (e.g., the DAWN study showing benefit of endovascular clot […]
By: Isaac Kaplan Source: Artsy.net Hospital patients expect that the medicine doctors give them will improve their health. But it’s possible that the nondescript painting of a country house, or an idyllic landscape hanging on a nearby wall, may also be part of the prescription. When it comes to what style of art should be […]
By: Todd Ackerman Source: CharlotteObserver.com After Michael Covert submitted his resignation as CEO of the St. Luke’s Health System in June, the initial announcement came not from his Houston bosses, but from the Colorado headquarters of its owner, Catholic Health Initiatives. The Houston Chronicle reports the internal email, sent to Catholic Health CEOs around the nation […]