hospitals

Surprise Medical Bills Lead Patients to Change Hospitals

Patients who receive surprise medical bills are more likely to change hospitals than those who do not, a new study has found. According to an analysis of behavior by obstetrics patients, …11 percent of mothers experienced a surprise out-of-network bill with their first delivery, and this was associated with an increase of 13 percent in the odds of switching hospitals for the second delivery, compared to mothers who did not experience a surprise bill. The study found that this switching often paid dividends for those who switched: Mothers who switched hospitals after a surprise out-of-network bill reduced their relative risk of receiving [...]

iqtsupport2019-03-08T06:00:41-05:00March 8, 2019|hospitals|

State to Experiment with Global Budgets for Rural Areas

The Commonwealth of Pennsylvania plans to launch an experiment in which participating health insurers will fund global budgets to care for residents served by selected rural hospitals. The program seeks to preserve access to care in rural parts of the state by stabilizing the financial health of struggling rural hospitals. According to a Pennsylvania Department of Health news release, The Rural Health Model is an alternative payment model, transitioning hospitals from a fee-for-service model to a global budget payment. Instead of hospitals getting paid when someone visits the hospital, they will receive a predictable amount of money. Payment for the [...]

iqtsupport2019-03-07T13:00:31-05:00March 7, 2019|Alternative payment models, hospitals, Pennsylvania|

800 Hospitals Face Medicare Penalties

800 hospitals will see their Medicare payments reduced one percent this year because they are among the 25 percent of hospitals in the U.S. with the highest rate of hospital-acquired conditions. Among the 800 hospitals are 110 that are being penalized for the fifth year in a row. Medicare’s hospital-acquired condition reduction program tracks a variety of medical problems, including infections, blood clots, sepsis, hip fractures, bedsores, and others. Every year, the 25 percent of eligible providers – the program excludes significant numbers of hospitals – are penalized even if their performance for hospital-acquired conditions is superior to the previous [...]

iqtsupport2019-03-05T06:00:59-05:00March 5, 2019|hospitals, Medicare, Medicare regulations|

Hospitals Show Mixed Results on Investments

Some hospitals are doing much better than others with their investments. According to a new report, several large health systems have recently reported major losses with their investments. On the other hand, a report late last year found that roughly half of hospitals’ net margins over the past two years has come from investment income. Learn more from the Becker’s Hospital Review article “Investment income made up almost 50% of hospitals' net margin in past 2 years.”

iqtsupport2019-03-04T06:00:01-05:00March 4, 2019|hospitals|

Grassley, Senate Finance to Resume Probe of Non-Profit Hospitals

The Senate Finance Committee will launch a review of non-profit hospitals and whether they are meeting the formal community benefit standards required to justify their tax-free status. This subject has long been of interest to committee chairman Chuck Grassley, who has returned as committee chair. He pursued the same question of the hospitals’ non-profit status and community benefit provide while leading the Senate Finance Committee from 2003 to 2007 and also as a member of the committee, although not its chair, in recent years. In a letter to the commissioner of the Internal Revenue Service, which is responsible for reviewing [...]

iqtsupport2019-03-01T06:00:44-05:00March 1, 2019|hospitals|

A New Community Benefit: Free Medical School

A health system has decided on a new approach to the community benefit spending that is required to enable it to retain its non-profit status: free medical school. Kaiser Permanente, the non-profit California-based health system that will launch a new medical school in 2020, has announced that it will waive tuition for students in its first five graduating classes and include the lost revenue associated with free tuition in its community benefit spending. Company officials also hope the freedom from the debt associated with medical school loans will encourage students to pursue careers in family medicine and lower-paying specialties. Learn [...]

iqtsupport2019-02-22T06:00:25-05:00February 22, 2019|hospitals|

Health Care Lobbying Rose in 2018

Hospitals and health systems spent $99.7 million lobbying in Washington, D.C. last year, just barely more than in 2017 but much less than in 2009, when the focus of health care lobbying was the Affordable Care Act, then just a proposal and not a law. The issues on which they spent the most money lobbying were the 340B program, site-neutral Medicare payments for outpatient services, safety-net hospitals, Medicare-for-all proposals, and Medicaid funding. Learn more about what hospitals spent their lobbying money on, who were the biggest lobbying spenders, and where industry groups figure in the overall spending in the Healthcare [...]

iqtsupport2019-02-21T06:00:17-05:00February 21, 2019|hospitals|

One in Five Rural Hospitals at Risk of Closing

More than one out of every five rural hospitals in the U.S. is at risk of closing, according to a new report. Among the factors putting these hospitals at risk are growing uncompensated care, declining inpatient volume, inadequate reimbursement from public payers, workforce shortages, high drug costs, and the opioid epidemic. More than half of the rural hospitals in Mississippi and Alabama are at risk of closing, as are significant numbers of rural hospitals in Montana, Kansas, and Georgia. Many of these at-risk hospitals are considered essential to their communities, a measure based on their service to vulnerable populations, the [...]

iqtsupport2019-02-20T13:00:08-05:00February 20, 2019|hospitals|

Hospital Prices Lead Rise in Health Care Costs, Study Finds

A new study has concluded that rising hospital prices, not increased utilization, is primarily responsible for rising health care costs. Overall, according to a new analysis by the Health Care Cost Institute, health care costs continue to rise despite declining health care utilization. Among the report’s findings: Hospital prices are rising faster than physician prices. ER prices rose more than twice as much as ER utilization in 2017. Increases in spending for psychiatric services outpaced increases in utilization of those services. Inpatient spending rose 10 percent between 2013 and 2017 even though inpatient utilization fell five percent during that period. [...]

iqtsupport2019-02-14T06:00:19-05:00February 14, 2019|hospitals|

New Study Zeroes in on ER Use

A new study has concluded that more than four million emergency room visits a year are for chronic medical problems that, if treated more effectively at the primary care level, could have been avoided. And that those more than four million visits cost $8.3 billion a year. According to a new analysis performed by Premier, Inc., more than 24 million ER visits a year are by patients with six chronic medical conditions: asthma, chronic obstructive pulmonary disease, diabetes, heart failure, hypertension, and behavioral health problems. Thirty percent of those visits, the study concluded, could have been prevented with better care [...]

iqtsupport2019-02-11T06:00:17-05:00February 11, 2019|hospitals|