Cost Management
The Centers for Medicare & Medicaid Services (CMS) recently released the results of its assessment of hospital compliance. Importantly, CMS is the official arbiter of compliance with the transparency rules.
The U.S. health care system spent $60 billion conducting nine common administrative transactions in 2022, about $18 billion more than the previous year due to higher staffing costs and health care use.
A series in the New York Times entitled 鈥減rofits over patients鈥 has presented a flawed narrative of America鈥檚 hospitals 鈥 specifically not-for-profit health systems. The
As Congress begins to focus on its end of the year agenda for 2022, America鈥檚 hospitals and health systems respectfully request that you consider the following priorities.
In order to achieve this mission, hospitals must remain financially viable. But for many hospitals and health systems that鈥檚 becoming increasingly difficult as they manage the aftermath and aftershocks of the most significant public health crisis in a century, all of which occurs against the鈥
On this episode, I talk with Julie Yaroch, D.O., president of ProMedica Charles and Virginia Hickman Hospital in Adrian, Mich. Julie and I talk about the issues that rural hospitals face, including workforce shortages, increased costs of care, and an aging population.
Rising costs and a shortage of health care providers make access to services challenging, especially in rural communities.
Hospitals and health systems recognize the importance of commercial health insurance, which millions of Americans rely on to receive coverage. Unfortunately, some commercial insurer policies may hurt patients, contribute to clinician burnout and drive up the cost of care.
At the outset of the COVID-19 pandemic, communities across America entered mandatory quarantines and temporarily shut down many every day services such as schools, retail stores and libraries.
U.S. spending on health care declined for the first time in 60 years in first-quarter 2022, falling 1.7% year over year as health care prices fell relative to inflation, according to a report released today by Altarum.