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.
HHS can continue using Worksheet S-10 to calculate uncompensated care payments after federal court ruling
A federal district court dealt hospitals a defeat in a case about uncompensated care payments, issuing a summary judgment in favor of the U.S. Department of Health and Human Services.
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.
Cost reporting in the time of COVID-19 could have an impact on hospital payment
The changes due to the COVID-19 pandemic that hospitals must report in their annual cost reports will be pervasive throughout the reported data. Given that CMS and some state agencies use cost reports i9nformation to establish future rates, it is critical that hospitals exercise heightened due diligence in preparing their cost reports throughout the public health emergency.
Financial Sustainability Report: August 2021
The August 2021 issue of the Financial Sustainability Report, sponsored by Kaufman Hall, explores the impacts of COVID-19 on hospital cost reporting and financial statements, and why a hospital’s future payment levels may depend on its due diligence around these processes today.
4 keys to sustaining financial viability in the shift to value
A leading ACO in Texas has found a way to thrive despite systemic factors that can discourage value-based initiatives.
HFMA’s editorial team earns 16 awards for excellence
HFMA’s editorial team earned a total of 12 awards in 2021 for articles published in hfm and four awards for episodes of the Association’s “Voices in Healthcare Finance” podcast produced in 2020.
News Briefs: CMS plans to reinstate policies pertaining to the inpatient-only and ASC covered-procedures lists
A roundup of the top news affecting healthcare finance professionals.
Current financial reporting practices inhibit healthcare policymaking, researchers say
Creation of a national database with information from health systems’ audited financial statements would give policymakers a better sense of how to respond to financial trends, according to researchers.
61% of hospitals say future compliance with price transparency will impact financial processes: HFMA poll
An HFMA-Strata survey found 61% of hospitals and health systems are revamping financial processes in light of price transparency.