Financial Management
Join us to see how Cleveland Clinic is using more data driven methodologies to not only help create more accurate cost information but also how it can help feed your financial plan and help your organization move to a performance-based culture.
Today’s New York Times article tells a misleading story about COVID-19 funding for hospitals and health systems. It also falls short in acknowledging the lifeline integration was able to offer hospitals struggling to navigate the pandemic.
For America’s hospitals, positive margins create the ability to invest in new facilities, treatments, and technologies to better care for patients, and to build reserves to be ready for a future made highly uncertain due to the effects of the COVID-19 pandemic.
A complicated set of factors involving governmental and private-sector spending on health care will bring about significant changes over the next several years that will effectively flatten reimbursement levels, even as demand for services is expected to keep growing. While that’s generally bad…
Intermountain Healthcare, Memorial Hermann and Trinity Health are just a few of the provider organizations and payers who have taken a stake in a Nashville private-equity firm The Heritage Group’s latest $300 million fund. About 70% of the $300 million already committed comes from health systems…
The Commonwealth Fund issued a report outlining recommendations for federal investments in health.
As the COVID-19 pandemic has persisted and again surged across the country, infecting more than 10 million people and resulting in over a quarter million deaths, America’s hospitals and health systems continue to face historic challenges. Since the start of the pandemic, hospitals and health…
Hospitals and health systems can expect sharp declines in commercially insured patients due to job losses in the pandemic economy, which likely will fuel a rise in Medicaid, exchange and uninsured patients. To a large extent, how effectively and aggressively provider organizations are able to…
The AHA, along with numerous others, have rightly labeled this pandemic the greatest financial threat in history for hospitals and health systems as we continue to fight this pandemic at the same time that non-COVID patient visits remain down. This financial pressure has created a serious obstacle…
More than half of independent physicians reported concerns about whether their practices will survive during the pandemic, according to a recent McKinsey & Company survey.