Accounting and Financial Reporting

Hospitals push back on Senate report that calls out lack of spending on charity care

Not-for-profit (NFP) hospitals continue to be the subject of congressional scrutiny, with the chair of a key Senate committee issuing a report that questions whether they provide levels of charity care that are commensurate with their tax exemption. The report was released Oct. 10 by Senator Bernie Sanders (I-Vt.), chair of the Senate Health, Education,…

Nick Hut October 12, 2023

The best care starts with the patient

Rami Karjian and Pippa Shulman from Medically Home discuss why higher payment and lower length of stay isn't always the best benchmark.

Erika Grotto October 10, 2023

Insights on population health management challenges through the eyes of C-suite leaders

Population health management is at a crossroads, and one key to ensuring its viability is to bolster stakeholder trust in the potential of value-based payment (VBP) models. That was a key takeaway from healthcare executives who took part in a September panel discussion at the 23rd annual Population Health Colloquium, hosted by the Jefferson College…

Nick Hut October 5, 2023

PFC USA’s partnership approach ensures healthcare clients tackle regulatory and patient satisfaction issues

Review some tips from a company with 6.5 years of hands-on experience in helping its healthcare clients handle concerns in healthcare such as workforce shortages and a volatile regulatory environment.

HFMA September 29, 2023

CMS pressures states to restore Medicaid coverage for some beneficiaries who have been disenrolled

CMS says a recent edict to state Medicaid programs has partially stanched the ongoing wave of disenrollments in the program, with about 500,000 beneficiaries set to regain coverage they had lost and “many” others protected from disenrollment going forward. As described in a Sept. 21 summary, 29 states plus Washington, D.C., have acknowledged a systemic…

Nick Hut September 25, 2023

As clock ticks toward massive Medicaid disproportionate share hospital cuts, proposed bill would bring relief

A congressional bill that would impose additional transparency requirements on providers also would offer a respite from a sizable cut to a key supplemental payment. A $32 billion reduction to Medicaid disproportionate share hospital (DSH) payments is scheduled to span four years, beginning when federal FY24 gets underway Oct. 1. The Lower Costs, More Transparency…

Nick Hut September 19, 2023

HFMA member spotlight: Salem Alasmari’s Ministry of Health work focuses on KSA Transformation 2030

HFMA recently spoke with new international member Salem Alasmari, PhD, CPHQ, PMP, who is with the Ministry of Health Saudi Arabia, about his work related to the country’s 2030 Transformation goals. HFMA: Please describe your current position and job role? Salem Alasmari: Since January of 2021, I have worked as the assistant director general for…

HFMA staff September 15, 2023

Legislation to enhance healthcare pricing and billing transparency takes a big step forward in the House

A slew of provisions on healthcare transparency took a step closer to becoming federal law as three House committees last week merged separate bills into a single draft. The resulting bill is just about set for consideration by the full House, where bipartisan support for the major provisions was apparent in the committee phase. The…

Nick Hut September 14, 2023

AHA’s ‘Estimated Useful Lives of Depreciable Hospital Assets’ 2023 edition now available

Investment in capital assets is an integral part of a hospital’s strategy to improve the quality and efficiency of its health services. Such investments often seek to anticipate future changes in healthcare delivery and the needs of the community. Developed in partnership with HFMA, the 2023 edition of Estimated Useful Lives of Depreciable Hospital Assets is a…

Brad Dennison September 14, 2023

Published data quantify how cost increases will continue to affect the healthcare industry next year

The cost to treat patients will accelerate next year, with ramifications across the healthcare industry, according to newly published projections. PwC’s Health Research Institute reported that the cost of providing care will increase by 7% in 2024, up from a 6% increase this year and 5.5% in 2022. A 7% increase would tie 2021 for…

Nick Hut September 7, 2023
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