The hospital labor picture could be improving, but a full financial recovery isn’t imminent
The financial and operational stress that has hampered hospitals may be easing in some ways, but probably not enough to qualify as a holiday gift for a beleaguered industry. Recent reports from credit-rating agencies have presented a mixed outlook. For example, Fitch Ratings released an analysis in December showing “incremental signs of improvement” in the staffing situation…
Healthcare News of Note: Telehealth aids outcomes for Medicare beneficiaries with opioid-use disorder
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Medicare beneficiaries initiating new episodes of OUD-related care get benefits from telehealth use, changes to inventory management strategies are coming for many sectors, and HAIs hit community hospitals hardest during the pandemic.
Premier’s ERP solution specifically addresses healthcare organization challenges
A company that addresses unique healthcare challenges through supply chain, finance and workforce management solutions provides advice for successful implementation of a new product or service.
Craneware is transforming the business of healthcare
Learn how one company offers its customers value cycle solutions that go beyond traditional revenue cycle to include pharmacy, supplies and service line optimization.
Financial and operational challenges still hamper hospitals 2.5 years into the pandemic
Even as much of society takes steps toward pre-pandemic normalcy, hospitals continue to struggle under the weight of the last two and a half years.
Wes Wheeler of UPS Healthcare talks about the future of cold chain supply chain
The number of pharmaceuticals derived from organic material (i.e., human, animal and plant cells) and requiring special handling, are increasing. On a recent episode of HFMA’s “Voices in Healthcare Finance” podcast, Wes Wheeler, president of UPS Healthcare, discussed how the industry should adapt to the need for an improved cold chain.
The financial crunch of the pandemic is unlikely to subside anytime soon for hospitals
A leading credit-rating agency says the not-for-profit hospital sector will face significant headwinds for the rest of this year and beyond.
Latest financial metrics for hospitals show reasons for optimism but also persistent challenges
Hospital financial performance partially recovered in March as patient volumes returned to something closer to normal after a significant downturn during the omicron wave.
MedPAC says 2023 hospital payments shouldn’t increase in response to COVID-19
CMS shouldn’t increase Medicare payments to hospitals for the upcoming year beyond the annual update that is based on current law, according to the Medicare Payment Advisory Commission.
Latest hospital financial and jobs data reflect an environment that remains challenging
January financial data for hospitals show the continuing toll of the COVID-19 pandemic, while February labor numbers suggest an operational recovery that could further increase expenses.