5 Recent Stories on Hospital Revenue

The call to contain costs and shift to a value-based reimbursement system, along with other aspects of healthcare reform, has placed considerable financial pressure on the hospital industry.

Here are five stories on how hospitals are faring financially during this tumultuous time in the healthcare world.

1. 4 Key Findings on Hospital Costs and Financial Pressure
The amount of financial pressure on a hospital to constrain costs can have a significant effect on its Medicare profit margins, according to the Medicare Payment Advisory Commission.

2. 10 Reasons Why Hospitals Are Shifting to Advanced Cost Accounting
Since traditional cost accounting and financial decision support solutions have significant limitations, here are the top 10 reasons why hospitals are implementing more advanced cost accounting solutions.

3. The Four Ps: Critical Success Factors for Bundled Care
A simple analysis of the four Ps — product, price, promotion and placement — can help a health system executive identify the most promising bundle offerings for their organizational strengths.

4. Chicago Hospitals See Big Investment Returns
Investment returns helped bolster the incomes of Chicago-area hospitals in 2013, although hospitals shouldn't necessarily opt for riskier investments that promise better results, according to experts from Chicago-based Principle Valuation, a healthcare appraisal firm.

5. Illinois Hospitals Generate $83.4B Toward State Economy
Last year, the economic impact of Illinois hospitals and health systems was $83.4 billion, and almost half that total went toward salaries and benefits of employees, according to a report from the Illinois Hospital Association.

More Articles on Hospital Finance:
For-Profit Hospital Stock Report: Week of March 31-April 4, 2014  
Northern Berkshire Healthcare Files for Chapter 7 Bankruptcy  
5 Reasons to Participate in the CMS Bundled Payments for Care Improvement Initiative 

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