Accounting & Financial Management
The median price for shoulder arthroscopy was 1.68 times higher at facilities within networks compared with independent hospitals.
Capacity crisis, cost inflation and workforce vacancies continue to impact financial performance.
The increase in total revenues was driven by organic Medicaid growth and a 21% membership growth in Medicare, company says.
Healthcare facilities across the state saw a 79% decline in median operating margins from 2019 to 2022.
<p>Deputy CEO of Eastern Health Cluster Dr. Ahmed Al-Musaed talks about the network's mission to become an independent accountable care organization.</p>
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Despite an end-of-year upswing, about half of U.S. hospitals finished 2022 with a negative margin, data shows.
Most plan to evolve their traditional services through in-home services, virtual care and remote patient monitoring.
<p>WHO Digital Health and Innovation Department director Alain Labrique discusses on the department’s mandate, its meaning for member states and how they can invest to strengthen their health systems.</p>
<p>Nioura Ghazni, a partner in the corporate practice group of Sheppard Mullin’s San Francisco office, says that hospital leaders have to focus on streamlining mission and operations, adding revenue streams, and avoiding regulatory risk.</p>
While the profit decline was significant, Elevance maintains that the numbers still beat expectations from Wall Street.