Operations
The further reimbursement cuts are expected push margins of an estimated 40 percent of all home health providers into loss territory.
During Fry's tenure, Sutter Health's annual revenues grew from $6.7 billion to more than $10 billion.
Health insurer increases the minimum hourly wage for its U.S. employees to $16 per hour, and next year will expand health coverage.
The parent health system of Massachusetts General and Brigham and Women's hospitals lost $17.5 million in the three months that ended March 31, as the winter's 9 feet of snow kept some patients from coming into the hospitals and clinics.
Given the shift of healthcare resources to primary and preventive care, there are real, long-standing problems with the health insurance model that could be solved uniquely when the payer is owned by the provider business getting paid.
The surge in accountable care organizations and other network affiliations between healthcare providers is spelling big financial opportunity for hospital vice presidents of network development, a position that experts say is key in connecting the clinical and the business side of a health network.
LifePoint Health, which just this week renamed itself from LifePoint Hospitals, said it will hold an 80 percent stake in the hospital while the remaining 20 percent will be held by the Watertown community.
Changes in payment trends brought about by the Affordable Care Act, technology expenditures related to electronic health records, and fluctuations in cash flow from higher deductibles and patient copays have all impacted the need for readily available cash.
Although the numbers suggest healthcare spending is breaking out from its recent periods of low growth, Altarum Institute warns that bump seen in March might not last.
American Medical Association says the readmission penalty is unnecessary since other other pay-for-performance programs already measure complications such as surgical site infections.