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Can MedPAC make the two-midnight rule go away?

By Virgil Dickson  |  November 18, 2014

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.

Hospital Sisters Health System's operating margin sinks

By Bob Herman  |  October 28, 2014

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.

Medicare needs to end observation status for patients

Medicare needs to end observation status for patients

By Dr. Chris Edwards  |  September 06, 2014

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.

Wake Forest Baptist posts $78.4M operating loss for fiscal 2014

By Bob Herman  |  September 02, 2014

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.

Hospitals hope for relief from two-midnight purgatory

By Bob Herman  |  August 21, 2014

The heavily criticized Medicare two-midnight rule involving short inpatient stays has technically been in effect for the past year. But providers, regulators and healthcare observers are not sure the rule will hold up in its current makeshift form.

Cleveland Clinic sees lower margin and volume, higher expenses

By Beth Kutscher  |  August 18, 2014

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.

CMS considering alternatives to 'two-midnight' rule

CMS considering alternatives to 'two-midnight' rule

By Joe Carlson  |  May 20, 2014

Faced with withering criticism, CMS officials are asking for ideas on how to design a new payment system for treating Medicare patients who need only a day or so in the hospital.

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