The shift toward integrated pharmacy services: driving long-term success
One driving factor for health systems and hospitals shift to in-house integration pharmacy services is average turnaround time. For an outsourced specialty pharmacy, turnaround is 10 to 14 days, whereas an in-house specialty pharmacy can reduce that time to just 2.1 days.
Hospital financial metrics took another downturn in July, new report finds
The negative financial performance in July offset moderate gains during the previous few months, according to Kaufman Hall’s monthly report.
Healthcare News of Note: Cancer is now the top driver of large employers’ healthcare costs
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: The No. 1 driver of healthcare costs for large employers is cancer, the gender pay gap for physicians has gotten larger, and NRC Health names the top facilities for consumer loyalty and patient experience.
Final rule for Medicare inpatient payments brings a big rate increase but falls short of what hospitals sought
The final rule for Medicare inpatient payments to acute care hospitals calls for a 4.3% increase, up by more than a percentage point from the proposed rule.
Medicare payment updates in 3 final rules could foreshadow good news for hospitals
For hospices, inpatient psychiatric facilities and inpatient rehabilitation facilities, updated economic forecasting data resulted in payment increases of at least 1% relative to the proposed rules.
Healthcare News of Note: Americans have less confidence in the nation’s healthcare system
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Confidence in the U.S. healthcare system dips again, the median proposed health insurance premium increase for 2023 is about 10%, and improved oral care in hospitals can prevent pneumonia.
In an inflationary environment, pending Medicare payment updates don’t measure up
Consumer-focused inflation numbers aren’t as significant in healthcare as in other sectors, but prices are hampering hospitals and health systems.
HFMA’s Annual Conference: Joe Fifer calls on healthcare organizations to find ways to better address holistic health issues
Healthcare stakeholders must embrace a broader concept of health to enhance the welfare of their communities, according to a pair of talks Monday at HFMA’s Annual Conference.
Healthcare News of Note: Oracle once again extends its tender offer to acquire Cerner, indicates further extensions are likely
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Oracle again has extended its tender offer to acquire Cerner, a new report quantifies the impact of the U.S. COVID-19 vaccination program, and healthcare is one of the top industries attracting former low-wage earners.
Healthcare News of Note: Significant social risk is just one reason some consumers struggle with healthcare
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Consumers with significant social risk likely face other barriers to healthcare, some physicians may need interventions to boost their vaccine confidence, and U.S. residents’ life expectancy declines again.