Accounting & Financial Management
Gundersen Health CEO Scott Rathgaber and CFO Dara Bartels have called a Health Affairs study published this week that dubbed Gundersen Lutheran Medical Center the most profitable hospital in the United States misleading and "simply not true."
A recent survey from the market research firm has found that that 87 percent of financially struggling hospitals now regret changing their EHR systems due to higher than expected costs, layoffs, declining inpatient revenues, disenfranchised clinicians and doubts over the benefits of switching systems.
Physician payments rates are on the rise across the United States, according to a national compensation survey released Friday from MD Ranger.
As hospitals and health systems face constant revenue stream pressures, financial managers are leveraging cost containment strategies that lean on population health, supply chain management and salary adjustments as a way trim costs.
We spoke to two financial leaders about the metrics they follow, their ideal analytics dashboard and how they interpret data to make decisions for their systems.
After years of losing money, River's Edge Hospital in St. Peter, Minnesota posted a profitable 2015 and is considering expanding the facility, an uncommon story for a rural, critical-access hospital.
As hospital finance execs work to navigate pricing pressures, transitions in patient coverage and new competitors, The Advisory Board said leaders are facing several mandates to change or risk losing a lot of money.
Nearly three-quarters of health systems with more than 300 beds -- and 81 percent of providers with fewer than 300 beds -- are shifting their focus to IT outsourcing as bottom-line pressures force systems to choose outside vendors, according to a new Black Book Research survey of hospital finance and tech administrators.
Many primary care practitioners will be a little poorer next year because of the expiration of a health law program that has been paying them a 10 percent bonus for caring for Medicare patients.
In the last five years, 57 rural hospitals in the United States have closed, according to data from the Rural Health Research Program at the University of North Carolina. Others have declared bankruptcy, like the Mendocino Coast District Hospital.