Accounting and Financial Reporting

Accounting and Financial Reporting

HFMA June 16, 2022

2 new studies illustrate the burden of healthcare costs in the pandemic era

An annual report by CMS actuaries quantified the extent to which healthcare costs accelerated during the first year of the COVID-19 pandemic, while a separate survey looked at affordability.

Nick Hut December 20, 2021

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.

Nick Hut August 27, 2021

PwC report anticipates a 6.5% increase in healthcare costs in 2022, roughly in line with recent years

As the healthcare industry emerges from the COVID-19 pandemic, annual costs are expected to increase by slightly more than they did in recent pre-pandemic years.

Nick Hut June 17, 2021

GAO report examines how pass-through status affects Medicare payments for drugs used in outpatient care

A Government Accountability Office report finds that Medicare pays more to cover drugs used in hospital outpatient settings when pass-through payment status is in effect.

Nick Hut March 6, 2021

Possible compromise in hospital price disclosure fight

While the Trump administration prevailed in the first round of the lawsuit challenging its price transparency policy, the American Hospital Association has indicated it will appeal the ruling.

Chad Mulvany, FHFMA June 25, 2020

U.S. District judge hears CMS price transparency lawsuit opening arguments

The May 7 hearing regarding CMS's controversial price transparency policy is likely the opening act in what may be a long series of appeals to the lawsuit filed against the Trump administration.

Chad Mulvany, FHFMA May 14, 2020

COVID-19 outbreak will negatively impact U.S. hospital finances

The coronavirus outbreak could have a negative impact on hospital finances even with anticipated regulatory and legislative support.

Chad Mulvany, FHFMA April 1, 2020

New report: Patients and insurance companies in the United States pay higher prices for almost everything healthcare-related

Healthcare providers are likely to experience increased scrutiny and pressure to lower healthcare costs in 2020. To help its members successfully navigate this new environment, HFMA is hosting its first Financial Sustainability Summit April 16-17 in Denver (

Chad Mulvany, FHFMA March 16, 2020

Activity-Based Costing: When to Walk and When to Run

A modified approach to activity-based costing can balance an organization’s desire for operational excellence with its need for repeatable, low-maintenance solutions.

Catherine Savage, CPA March 5, 2020
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