Healthcare Finance News
Healthcare Finance provides timely and in-depth coverage of the challenges faced by healthcare providers and payers in light of skyrocketing healthcare costs, regulatory developments and diminishing reimbursements. Helmed by an experienced team of independent editors and journalists, we deliver news, analysis, educational content to an audience of senior healthcare financial managers and ...
News | Healthcare Finance News
The majority of proceeds from the sale of its Medicare businesses will be used for share repurchase, Cigna says. The deal will allow Summa Health to eliminate $850M in existing debt. Burnout was also heavily associated with medication …
News | Healthcare Finance News
News. Nov 08 | Susan Morse. Venture capital firm HATCo to buy Summa Health for $485 million. The deal will allow Summa Health to eliminate $850M in existing debt. Read more >>. Nov 07 | Jeff Lagasse. Nurse burnout linked to lower quality, safety. Burnout was also heavily associated with medication errors, patient safety incidents and other ...
Hospitals confront mounting reimbursement challenges and …
Nov 30, 2023 · Escalating reimbursement delays and declining cash reserves are placing hospitals and health systems across the nation in a precarious financial predicament, according to data from Syntellis Performance Solutions' analysis of 1,300 hospitals.. The findings, published in partnership with the American Hospital Association, underscore the pressing need for measures aimed at alleviating financial ...
Home health agencies get half a percent pay increase
Nov 5, 2024 · Providers have gotten a nearly 9% permanent cut to home health payment since 2023, says LeadingAge. Home Health agencies get a 0.5% payment increase in the 2025 Home Health Prospective Payment System final rule. CMS estimates that Medicare payments to home health agencies in 2025 would increase in the aggregate by 0.5%, or $85 million, compared ...
Moody's upgrades healthcare outlook from negative to stable for …
Nov 9, 2023 · Moody's Investors Service has revised its 2024 outlook for the not-for-profit and public healthcare sector to stable from negative, driven in large part by a decrease in labor costs.. While hospitals will continue to grapple with high expenses because of a shortage of skilled labor, particularly nurses, Moody's predicts that the growth in expenses will slow as hospitals make greater efforts to ...
Payers could see 7% spike in healthcare costs in 2024
Jul 5, 2023 · Jeff Lagasse, Editor. Photo: Martin Barraud/Getty Images. Healthcare costs are expected to increase as much as 7% in 2024 due to continued labor shortages, drug price increases and new contracts between payers and providers –which represents a larger jump in costs than in either of the previous two years. According to a new PwC report, the ...
U.S. employer healthcare costs projected to increase 6.5% in 2023
Aug 22, 2022 · Average costs for U.S. employers that pay for their employees' healthcare will increase 6.5% to more than $13,800 per employee in 2023, largely due to economic inflation pressures, according to professional services firm Aon. This projection is more than double the 3% increase to healthcare budgets that employers experienced from 2021 to 2022.
Medicare & Medicaid - Healthcare Finance News
Oct 21, 2024 · Gaining Actionable Insight into Financial Systems and Areas Impacting the Revenue Cycle. Hospital systems across the country are looking to streamline their billing and collection processes to become more efficient and better compete in their markets. The challenge many face is how to turn the data that's already flowing through financial ...
Financial challenges spurring healthcare merger and acquisition ...
Oct 16, 2023 · Hospitals and health systems have been under extreme financial pressure since 2022, when median operating margins remained in negative territory for the full year. And while the picture has improved somewhat this year, these challenges spurred about a third of the hospital and health system merger and acquisition activity in the third quarter.