Fast Finance

Fraud and waste in Medicaid: Congressional panel calls for legislative action

The first hearing of Congress’ new government efficiency panel featured a large focus on needed changes to Medicaid. The newly created House Oversight Delivering on Government Efficiency (DOGE) Subcommittee held a hearing Feb. 12 on the $236 billion in 2023 federal improper payments, including fraud, and featured testimony from several witnesses long-experienced in leading anti-fraud…

By Rich Daly February 21, 2025

Hospital industry on track to reach dangerous occupancy levels by 2032

Hospital industry is facing a potential crisis as demographic trends and hospital-bed capacity levels are expected to push the industry to dangerous levels of occupancy, potentially surpassing 85% by 2032, according to a research letter published by JAMA Network Open.

By Paul Barr, MS, MBA February 21, 2025

Rural healthcare providers see improving financial outlook, but challenges persist

Rural healthcare organizations, particularly critical access hospitals, are increasingly optimistic about their financial viability, with 96% expressing confidence in their financial stability and 58% reporting that their organization is more stable now than it was five years ago.

By Rich Daly February 18, 2025

Elon Musk-led department of government efficiency targets federal healthcare spending

The Trump administration has launched a cost-cutting effort led by Elon Musk, the Department of Government Efficiency, which is examining spending at CMS, limiting administrative funds, and eliminating diversity, equity, and inclusion programs, and offering buyouts to federal employees, as well as suspending transgender services for minors.

By Rich Daly February 18, 2025

Public’s hospital views dive due to finances

The public's trust in hospitals has flipped during the COVID-19 pandemic, with 76% believing hospitals are primarily focused on revenue rather than patient care, while 24% still prioritizing patient care.

By Rich Daly February 10, 2025

RFK Jr. indicates policy changes on surprise billing, rural healthcare, Medicaid

Increased surprise billing payer requirements, rural healthcare support and Medicaid changes — including work requirements — drew support in written comments from the nominee to lead federal healthcare programs. Robert F. Kennedy Jr. answered a series of follow up questions from senators after his two confirmation hearings in late January. His responses came shortly before…

By Rich Daly February 10, 2025

ACA plan payment denials increase as hospital financial reliance increases

Payment denial rates by Affordable Care Act (ACA) marketplace plans reached their highest point in nine years, at the same time health systems became most reliant on revenue from them. The average total denial rate was 20% for ACA plans sold in the federal marketplace used by most states, according to tracking by the Kaiser…

By Rich Daly February 3, 2025

RFK Jr. criticizes Medicaid, pointing to poor outcomes, 30% three-year growth in spending

The Trump administration’s nominee to lead federal healthcare programs criticized what he says are poor healthcare outcomes for Medicaid enrollees, which come despite a large federal spending increase in recent years. “We’re spending $900 billion and people are getting sicker every year,” Robert F. Kennedy Jr. said about Medicaid during a confirmation hearing as secretary…

By Rich Daly February 3, 2025

7 ways commercial insurance could change in 2025

Republicans are expected to pursue policy changes to expand commercial health plan options and control healthcare costs, including the expansion of Association Health Plan (AHP) arrangements, short-term, limited-duration (STLD) plans, and Employee Retirement Income Security Act (ERISA) protections, while also increasing price transparency and allowing expanded use of health savings accounts (HSAs).

By Rich Daly January 27, 2025

Hospital M&A forecast to increase in 2025

Hospitals are expected to see an increase in mergers and acquisitions in 2025, with non-hospital deals likely to grow faster, according to Anu Singh, managing director for Kaufman Hall.

By Rich Daly January 27, 2025
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