Jeff Lagasse
Net revenue from patients is dipping for some acute care hospitals in Pennsylvania compared to three years ago, while operating margins are climbing, according to a new report from the Pennsylvania Health Care Cost Containment Council.
While smaller community hospitals would have gotten more money, reports say Partners Healthcare, the state's largest hospital system, could have stood to lose hundreds of millions of dollars in insurance reimbursements.
Theranos, which has come under fire in recent months for allegations that its proprietary finger-prick blood testing technology is subpar, is now the focus of a class action lawsuit accusing the company of consumer fraud.
The Office for Civil Rights, a division of the United States Department of Health and Human Services, today clarified that doctors and hospitals can charge more than $6.50 to provide patients an electronic copy of their records if they can show that the actual costs were higher.
Alerts Tracker, which augments its Automatch platform, automatically identifies equipment models and supplies within a healthcare facility's inventory that are impacted by an alert or recall, and notifies designated department staff.
With the purchase finalized, Memorial Hermann plans to construct a new 123,000-square foot patient tower with 90 updated patient rooms.
With the shortage of primary care providers already severe in some areas of the country, a recent study published in Health Affairs has found that 58 percent of retail clinic cases were new visits, which drove about a $14-per-person annual net increase in spending.
A new study from the Center for Sustainable Health Spending claims that mental healthcare eats up significantly more healthcare spending than any other industry sector, to the tune of $201 billion annually.
Cost saving strategies vary from health system to health system, but experts say close monitoring of labor costs is one of the most important areas that can affect an organization's finance structure.
J.B. Hunt Transport Services, a Fortune 500 transportation outfit, is giving $5 million to the ongoing Arkansas Children's Northwest construction project, with the hope of bringing expert pediatric care closer to home for more than 200,000 children.