Reeling hospital industry shouldn’t anticipate a turnaround anytime soon
Amid persistent financial and operational turbulence for hospitals, it appears unrealistic to expect significant improvement in the near future.
Finance and Business Strategy
Hospital margins increased in November, but labor expenses remained a drag on finances
A skewed labor market continued to affect hospital finances in November even as operating margins improved from October.
Market disruption: How 4 healthcare leaders are dealing with it in their own organizations
This roundtable reviews disruptors and how some healthcare leaders deal with new entrants to the market, telehealth and the trend of care shifting to a nonhospital environment.
Research highlights ways to save more than $250 billion per year through healthcare administrative simplification
Savings can be generated at the organizational and healthcare industry levels through steps to reduce wasteful administrative processes, study authors wrote.
Study finds little correlation between market concentration and high healthcare prices
The findings have implications as policymakers consider ways to curb healthcare prices.
Pressure Rising: COVID-19’s ongoing impacts on healthcare labor trends
Find out how health systems and organizations are expanding remote work, how to prepare for rising labor expenses and how some hospitals are testing creative solutions to address workforce shortages among other hospital labor trends now and into the future.
Research finds widespread issues with community health needs assessments developed by nonprofit hospitals
A majority of hospitals make the required CHNA documents accessible, but many don’t include all the obligatory elements.
Latest financial metrics indicate continuing challenges for hospitals
As COVID-19 hospitalizations increased, some volumes took a hit and margins remained tight.
Local health providers will compete with Cleveland Clinic/American Well’s telehealth service in the near future
A discussion about what local healthcare providers can expect as more telehealth services like Cleveland Clinic’s The Clinic become available and how an upcoming HFMA consumer-centric measuring tool will help providers compete.