Today's Top 20 Health Finance Articles
  • The cost of the opioid epidemic, by the numbers

    CDC data shows overdose deaths from opioids increased to an estimated 75,673 deaths in the 12-month period ending April 2021, compared to 56,064 deaths during the same period in 2020, an increase of 28.5 percent.
  • 5 HRSA actions in January to battle COVID-19, improve health equity

    The Health Resources and Services Administration took several steps in January to help the healthcare workforce, provide COVID-19 relief and improve health equity.
  • Meeting US' 2030 climate goals would save $33B in health costs, study says

    If the United States were to meet its Paris agreement climate goals by 2030, about $33 billion would be saved over the years, equivalent to an avoided 3,794 premature deaths in that year, a January study by Resources for the Future found.
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  • State-by-state breakdown of $11B phase 4 Provider Relief Fund payments

    HHS has provided about $11 billion of the $17 billion in phase 4 of the Provider Relief Fund payments, which went to more than 74,000 providers.
  • 3 recent hospital closures

    Three hospitals — one in Illinois and two in Pennsylvania — have closed since Dec. 31. 
  • 9 recent CMS updates

    CMS took several actions in the last month to cut hospitals' Medicare payments, cover COVID-19 tests and more. Here are nine recent updates:
  • 5 healthcare organizations outsourcing RCM

    Several healthcare organizations have decided to outsource finance jobs or other revenue cycle functions in the last few months. 
  • Program allows health systems to apply for funding to improve patient outcomes

    The Patient-Centered Outcomes Research Institute will release an initiative Feb. 15, informed by the American Hospital Association, that will provide funding for projects to healthcare providers and health plans to improve patient outcomes.
  • Maryland introduces bill to prevent price gouging by staffing agencies

    The Maryland Senate introduced a bill that would prohibit a person from selling an essential good or service during a state of emergency, plus 90 days after the emergency ends, for 10 percent more of the product or service's price before the emergency, which would apply to healthcare staffing agencies.
  • The cost of COVID-19 treatment, vaccinations by the numbers

    The COVID-19 pandemic has been an expensive endeavor in the U.S. when it comes to providing treatment in hospitals and ramping up vaccinations.
  • Moody's predicts Medicare advance repayments, labor costs among hospitals' top credit challenges in 2022

    There are several factors denting hospitals' profitability in 2022, but the largest will continue to be high labor costs, according to a new report from Moody's Investors Service. 
  • 9 hospitals seeking RCM talent

    Nine hospitals and health systems recently posted job listings seeking revenue cycle management expertise.
  • 7 hospitals laying off workers

    Several hospitals are trimming their workforces due to financial and operational challenges, and some are offering affected workers new positions.
  • Meet the CFOs of US News' top 10 hospitals

    Becoming a CFO of a top health system takes years of experience in the healthcare finance industry. Below are brief biographies of the CFOs at the hospitals that took the top 10 spots in U.S. News & World Report's 2021-22 best hospital rankings.
  • Time to fill senior-level revenue cycle roles exceeds 6 months

    The cost of recruitment and time to fill senior-level revenue cycle roles takes more than six months, but even filling entry-level roles takes time, according to a survey of 514 hospital and health system CFOs and revenue cycle leaders.
  • Medical society petitions to reverse closures of Tower Health hospitals

    Tower Health has closed two Pennsylvania hospitals in the last month — a decision Chester County Medical Society seeks to overturn. 
  • CMS cuts payments to 764 hospitals over patient complications

    CMS will trim 764 hospitals' Medicare payments in fiscal year 2022 for having the highest rates of patient injuries and infections, according to Advisory Board. 
  • Omicron, rising expenses bring hospitals another challenging year, Kaufman Hall report finds

    Although hospitals finished 2021 in a stronger position than in 2020, performance is still lower than it was before the pandemic for most metrics because of the omicron variant and high expenses, according to the January "National Hospital Flash Report" by healthcare consulting firm Kaufman Hall.
  • 5 recent partnerships with RIP Medical Debt

    Five partnerships with RIP Medical Debt have been announced since October, which have erased millions of dollars in medical debt for Americans.
  • Union raises concerns over medical debt of UPMC workers

    Amid an ongoing union organizing campaign, Service Employees International Union Healthcare Pennsylvania is highlighting what it describes as a prevalent problem involving medical debt owed by hospital workers at Pittsburgh-based UPMC, the Pittsburgh Post-Gazette reported Jan. 31. 

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