Financial Reporting

Hospitals Urge Caution in Federal Transparency Push

April 17—In response to a new Senate price and quality transparency initiative, hospital advocates outlined measures they would support but also urged caution in pursuing new federal requirements.

Rich Daly April 17, 2018

Level of Costing Detail in Aurora’s System

Aurora Health Care developed detailed categories for its cost accounting initiative by considering the future and estimating how health system leaders would want to use the data in the future.

HFMA April 12, 2018

Caregiver Support May Help Reduce Costs

Family caregivers’ fatigue was associated with $1,937 higher costs while caregiver sadness was associated with $1,323 higher costs during a six-month period. Patients with severely fatigued caregivers also were more likely to visit the ED.

Laura Ramos Hegwer April 10, 2018

How Is Your Hospital Managing Costs Across Its Physician Enterprise?

Several factors have challenged achieving a more comprehensive view of costs at the physician enterprise level, including governance, data sharing, and financial performance expectations.

Daniel Seargeant April 10, 2018

Time Is Money: Aurora Health’s 5-Month Cost Accounting Journey

Recognizing the intense multidisciplinary effort required to implement cost accounting, Aurora Health followed a step-by-step approach that emphasized structure, validation, training, maintenance, and optimization. 

Patrick Nolan April 10, 2018

12-Year Trend Shows Steady Rise in Acute Care Hospital Administrative and General Costs

An analysis of Medicare cost reports shows that U.S. Hospitals saw a gradual increase in their administrative and general costs from 2004 through 2016. 

William Shoemaker March 21, 2018

340B Hospitals and Drugmakers Battle Over Transparency

March 16—Supporters and critics of the 340B discount drug program agree that more transparency is needed, but they remain sharply divided over who needs to be transparent and what such reporting should include.

Rich Daly March 16, 2018

Optimizing a Physician Practice Acquisition

Thoughtful strategies surrounding physician practice acquisition can help set the stage for success.

Ken Bradley March 6, 2018

ALOS Analysis Reveals Significant Regional Variances

An analysis of average length of stay looking at U.S. hospitals identified noteworthy variation among states within each of four regions.

HFMA March 1, 2018

Healthcare Consumerism Requires Comparable Quality and Cost Data

Provider organizations and health plans can advance the use of cost and performance data to support consumerism, as collaboratives in Massachusetts and Minnesota are showing.

Lola Butcher February 20, 2018
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