Rich Daly
About the Author
Rich Daly is senior editor, policy affairs with HFMA, based in Alabama. His healthcare policy and finance reporting experience includes staff writer positions with Modern Healthcare and Congressional Quarterly (both focused on healthcare regulatory and legislative developments); editor-in-chief of 340B Report (the only news outlet focused on daily policy, legal, and business developments in the 340B program); and serving as a content director for Sg2/Vizient Inc (producing reports on financial pain points and solutions for health systems). He previously covered daily news for HFMA and wrote features for Healthcare Financial Management magazine, where his recognitions included the Stephen Barr Award (the only individual achievement award) from the American Society of Business Publication Editors.
Latest Work
Medicare Advantage risk payment soars as hospitals left behind
Medicare Advantage (MA) has extended its payer-leading shift to downside risk but that appears to still exclude most hospitals. As of 2023, MA plans have tied 43% of payments to downside risk, which increased from 29% in 2020, according to the latest tracking from the Health Care Payment Learning and Action Network (HCP-LAN). That MA…
Two-midnight inpatient volume effect may be permanent
A boost in inpatient admissions earlier this year was expected to subside as payers clamped down but that volume shift increasingly looks permanent. Earlier in 2024, both payers and health systems reported increases in inpatient admissions — primarily among Medicare Advantage (MA) patients — following Medicare’s application of long-standing two-midnight requirements to those plans. But…
Some health systems more dependent on ACA marketplace
Patients with marketplace coverage through the Affordable Care Act (ACA) have reached the point where they contribute substantial health system revenue, raising concerns the plans may get scaled back. Marketplace enrollment hit a new record high in 2024 when more than 21 million people enrolled. That was an increase from 16 million enrollees in 2023…
Supplemental Medicaid payments drive hospitals to seek out enrollees as patients
An increasing push by states to boost Medicaid funding has led some health systems to change their views on the program to the point of now seeking its enrollees as patients. Mississippi, Nevada and North Carolina were the most recent states to obtain approval for supplemental Medicaid payments from the Centers for Medicare and Medicaid…
Health systems adopting AI face growing cyberthreats, according to study
Health systems are pushing to adopt AI in a range of patient-facing, clinical and back-office functions. But the new technology can increase cyberthreats, says emerging research. Attacks on 2,000 generative AI (GenAI) models succeed 20% of the time in performing so-called jailbreak attacks, according to recent research by Pillar Security, a GenAI security firm. Jailbreak…
Medicare Advantage turmoil could allow new arrangements
Amid a roiling 2025 Medicare Advantage (MA) market, health systems may have new opportunities to change payment dynamics with them.
4 bipartisan healthcare policy changes are likely in 2025
HFMA policy experts see a high likelihood for far-reaching changes in healthcare policy following the November elections, with a focus on four areas: site-neutral payments, prior authorization, the 340B Drug Pricing Program, and mergers and acquisitions (M&A). The elections could produce a range of outcomes for the presidency and control of Congress. However, strong bipartisan…
Looking forward on addressing racial inequity in healthcare
Dalton Tong, a Black healthcare executive and two-term member of HFMA's Board in the 1990s, talks about his 50 years of experience in healthcare and his vision of how the sector can address the racial inequities that continue to exist within it.
Hospitals Eyeing Outside Partnerships to Counter Disruptors, Leaders Say
Hospital leaders say they no longer are “trying to do a little bit of everything.” Instead, they aim to specialize in some activities while finding outside partners that perform better in other areas.
April 13-17: CMS webinars are among a slew of online-only events in healthcare finance
A complete listing of healthcare finance-related hearings, conferences, webinars, public forums and deadlines for the week of April 13.