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: Rev Cycle Intelligence Healthcare merger and acquisition activity was low in the third quarter of 2022, with just ten transactions generating $8.3 billion in revenue, according to Kaufman Hall’s latest M&A Quarterly Activity Report. Activity declined from Q2 when 13 transactions generated a record high of $19.2 billion. However, the trends were consistent with merger and […]
Source: US News A New Orleans health care nonprofit is acquiring three hospitals from a national chain in a deal that will leave two major players on the city’s hospital care scene. New Orleans-based LCMC Health will acquire three Tulane hospitals from HCA Healthcare. The deal includes Tulane Medical Center in downtown New Orleans, along […]
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: NewsWise.com Postponement of nonessential surgical procedures early in the coronavirus pandemic not only disrupted surgical care at U.S. hospitals, but also took away a large portion of hospitals’ total income, results from two studies reveal. These findings (from the two studies, which took place at the University of Pennsylvania, Philadelphia, and Children’s Hospital of Philadelphia) […]
Source: Yahoo Finance Hospitals and Ambulatory Care Centers Segment dominates the Market The hospitals and ambulatory care centers are for digitalizing the business practices of IT infrastructure management, IT security services, resource planning, support services, mobile computing, and cloud-based solutions. With the implementation of scalable agile operations, healthcare providers have witnessed increased revenues. A greater […]
Source: KFF.org Starting early in the coronavirus pandemic, Congress, states and the Administration adopted a number of policies to ease financial pressure on hospitals and other health care providers. The infusion of funds was intended to help alleviate the fiscal impact of revenue loss due to patients delaying non-urgent care, coupled with new costs associated […]
Source: The Commonwealth Fund To shore up an economy and health system battered during the COVID-19-induced recession, the U.S. Congress passed four major relief bills in 2020 and 2021. The Biden administration also made a number of administrative changes, including some aimed at helping people enroll in health insurance coverage. After a year of severe […]
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 […]