Finance & Budgeting
U.S. health care spending increased 4.1% in 2022, far slower than gross domestic product due to slower spending for hospital and clinical services, the Centers for Medicare & Medicaid Services reported Dec. 13 in Health Affairs.
Payment denials by Medicare Advantage plans jumped 56% for the median health system between January 2022 and June 2023, contributing to a 28% decline in median cash reserves, according to the latest analysis of data from over 1,300 hospitals and health systems by Syntellis Performance Solutions and…
“Emerging research has confirmed what hospitals and health systems have been saying again and again and again — that 2022 was among the most financially challenging year the hospital field has experienced, and that recovery remains challenging,” writes AHA’s director of policy research and analysis…
The Centers for Medicare & Medicaid Services estimates national health spending grew 4.3% in 2022, including just 0.8% growth in spending for hospital care, as increases in federal spending for public health outpaced slower growth for most major payers, the agency reported June 14 in Health…
The White House and Speaker McCarthy May 27 announced the Fiscal Responsibility Act of 2023 (H.R. 3746), a deal to suspend the debt limit for nearly two years and make other policy changes
Hospitals appreciate the support and resources that Congress have provided throughout the COVID-19 pandemic; however, additional support is needed to keep hospitals strong so they can continue to provide care to patients and communities.
Anyone unfamiliar with the financial structure of not-for-profit hospitals and health systems may question why these organizations carry often significant financial reserves on their balance sheets. The answer is straightforward: with limited sources of funding, hospitals and health systems rely on…
Sens. Bob Casey, D-Pa., and Chuck Grassley, R-Iowa, have introduced the Rural Hospital Support Act (S.1110), AHA-supported legislation that would make permanent the Medicare-dependent Hospital program and enhanced low-volume Medicare adjustment for small rural prospective payment system hospitals.
In a blog published today, AHA refuted a number of suggestions that appeared in a recent Health Affairs column discussing what is behind the financial losses at large nonprofit hospitals.
Hospital operating margins dipped again in February to -1.1% and continue to remain negative, though with less month-to-month variation, according to the latest report on hospital finances from Kaufman Hall.