Healthcare News of Note: Patients in the U.S. shouldered more than $21B in cancer care costs in 2019
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: U.S. patient cancer care costs totaled $21.09 billion in 2019, healthcare safety scores fell amid the pandemic, and states are leveraging MCO contracts to improve community SDOH.
Healthcare’s top area of vulnerability: cost effectiveness
HFMA President and CEO Joe Fifer discusses some of the ways that healthcare provider organizations are vulnerable to disruption.
Strategic partnership: The key to improved patient experience and revenue cycle outcomes
One company shares advice and trends in addition to how its service offerings can hep healthcare organizations facing challenges, the biggest being people, process and technology.
Site-of-care payment issues get highlighted by UnitedHealthcare and MedPAC
A new report issued by a leading health plan is the latest sign that hospitals and health systems can expect payers to ramp up implementation of site-neutral payments.
Healthcare price transparency initiatives may fall flat due to systemic factors, expert says
Niall Brennan, a leading expert on healthcare cost drivers, is among the skeptics who doubt the ongoing price transparency push can result in a more efficient system.
The hospital industry is projected to finish 2021 with a $54 billion loss, report finds
The financial turmoil that has affected hospitals and health systems throughout the COVID-19 pandemic won’t be alleviated during the remainder of this year, according to projections.
Study finds little correlation between market concentration and high healthcare prices
The findings have implications as policymakers consider ways to curb healthcare prices.
Report by Medicare trustees describes a daunting payment picture for healthcare providers
The Medicare Hospital Insurance Trust Fund is on course to run out of money by 2026, and that assessment wasn’t the only concerning part for hospitals in a new government report.
Healthcare News of Note: Providers should continue forward movement on improving digital patient access, survey suggests
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Expectations for convenient access to care in the pandemic era, a look at ICU bed use across the U.S., and the cost of hospitalizations among unvaccinated adults.
Latest financial metrics indicate continuing challenges for hospitals
As COVID-19 hospitalizations increased, some volumes took a hit and margins remained tight.