Inpatient admissions at many hospital systems across the country continued to decline during the third quarter of 2014, with volumes at least partly attributed to healthcare reform.
The four private companies that run Medicare's recovery audit program will have their contracts extended through 2015. But it's unclear what types of medical reviews or claims are going to be eligible for auditing.
Inpatient admissions at many hospital systems across the country continued to decline during the third quarter of 2014, with changes tied to healthcare reform partially to blame for weakened volumes.
Catholic Health System, a three-hospital group in Buffalo, N.Y., more than doubled its operating surplus for the nine-month period ended Sept. 30, compared with the same period last year.
The Cleveland Clinic more than doubled its third-quarter operating surplus year over year, but lower investment returns hurt its bottom line, the system reported Wednesday.
The Medicare Payment Advisory Commission is mulling trying to solve the conundrum posed by the widely panned “two-midnight rule” by eliminating the outpatient observation claims that gave rise to it.
Emergency departments are increasingly becoming overcrowded with more complex patients, putting greater pressure on staff to admit or discharge patients, with less time for clinical observation and decisionmaking.
Hospital Sisters Health System, a 13-hospital network headquartered in Springfield, Ill., barely kept its head above water in its most recent fiscal year as declining admissions and rising expenses ate away at revenue.
Every time I see a story about the issue of observation services I feel compelled to reply. Quite frankly, it is the existence of observation services that is actually the problem. Any solution has to include the elimination of observation.
The costly rollout of an electronic health-record system and a decline in inpatient services used led Wake Forest Baptist Medical Center, Winston-Salem, N.C., to record its second straight annual eight-figure loss.
A focus on cost-cutting efforts helped mark a significant year-over-year improvement in Cone Health's fiscal third-quarter operating margin and net surplus.
The Cleveland Clinic Health System reported its operating margin declined in the second quarter of this year as it faced lower patient volume and higher expenses, particularly from rising pharmaceutical, salary and benefit costs.