Nick Hut
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Nick Hut
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NFP hospital profitability plummeted in 2020 despite expense mitigation strategies, Moody’s reports
Profits were down in the not-for-profit and public healthcare sector in FY20, but management strategies helped to increase liquidity amid the COVID-19 pandemic.
News briefs: The new COVID-19 relief legislation could result in a big Medicare payment cut
The $1.9 trillion American Rescue Plan, which was signed into law March 11, could lead to a significant reduction in Medicare revenues if Congress does not act.
Survey responses provide snapshot of the toll of the COVID-19 pandemic on hospital finances
A government-issued report used survey responses from hospital administrators to examine the impact of the COVID-19 pandemic on hospitals in various aspects, including finances.
Congressional hearing showcases the divergence in the two parties’ views on how to improve U.S. healthcare
One witness at a hearing of a House subcommittee touted price transparency as an essential tool for addressing healthcare costs.
Health system leaders state their case for prolonging the moratorium on the Medicare payment sequester
Hospitals and health systems urgently need Congress to extend the freeze on the 2% Medicare payment sequester, industry leaders said.
HHS delays implementation of rule requiring FQHCs to provide insulin, epinephrine at 340B prices
HHS has postponed a Trump administration regulation that would require federally qualified health centers to make certain drugs more affordable for low-income patients and will consider whether to withdraw the rule altogether.
Site-neutral payments could reduce healthcare spending by at least $350 billion over 10 years, report finds
If site-neutral payments were implemented throughout healthcare, the reduction in expenditures could total as much as $672 billion over a decade, according to a new report.
What healthcare stakeholders should know about the new COVID-19 relief legislation
New COVID-19 relief legislation includes funding for rural hospitals, provisions to increase the affordability of health insurance and more items of note for healthcare providers.
HHS to provide funding for administration of COVID-19 advanced therapies in vulnerable communities
HHS announced a $150 million investment to make available monoclonal antibody therapeutic treatments for patients in vulnerable communities nationwide.
Disproportionate Share Hospital funding to states doesn’t match up with key benchmarks, report finds
Disproportionate Share Hospital payments don’t always align with key metrics such as uninsured rates and uncompensated care costs, a new policy report finds.