News

A new report issued by PricewaterhouseCoopers suggests that the healthcare industry will be a promising place in which to work and invest over the next decade.

As the credit markets tightened over the last few years, many U.S. hospitals grew increasingly risk-averse and sought ways to improve their credit terms on financing deals.

Nearly one million patient-safety incidents occurred among Medicare patients over the years 2006-2008, costing U.S. hospitals $8.9 billion.

Hospitals use strategic approach to save money

A new survey reveals that the current recession has negatively impacted the balance sheets of healthcare organizations more than the 2001 recession, with the rise in patient bad debt doing much of the damage.

On April 19, President Barack Obama nominated Donald Berwick, MD, to be the next administrator of the Centers for Medicare and Medicaid Services.

The Centers for Medicare & Medicaid Services has issued a hospital inpatient and long-term care prospective payment system proposed rule for fiscal year 2011 that would decrease average inpatient payments by 0.1 percent.

While the United States is already a decade behind the rest of the world in using the most up-to-date International Disease Classification system – ICD-10 – the alpha version of ICD-11 is due out later this year.

As the practice of hospital medicine continues to grow as a specialty, hospitalist physicians will likely need to sharpen their practice management skills.