Dive Brief: Many nonprofit hospitals are not living up to their obligations for tax-exempt status by investing in the communities they serve, according to a new survey of nearly 2,400 hospitals by the Lown Institute. According to Lown’s 2021 Hospitals Index, the institutions fell short in community investments by nearly $ 17 billion in the… Read More »
Dive Brief: One-third of the nation’s hospitals received A grades for the quality of care they provide, according to the Leapfrog Group’s annual survey, which graded more than 2,700 acute care facilities nationwide. Another 24% received B grades, suggesting that the nation’s hospitals are generally performing well in terms of the quality and safety of… Read More »
Dive Brief: A new report by the HHS Office of Inspector General indicated that inpatient hospital stays have become more expensive to the Medicare program, even before the COVID-19 pandemic began to severely disrupt the U.S. healthcare system a year ago. HHS OIG analyzed Medicare Part A claims for inpatient stays from fiscal year 2014… Read More »
With the holidays upon us, and the whole world ready to let loose after a difficult year, your hospital and its employees are likely to experience an influx of patients. You’ll need all hands on deck and your internal computer networks running smoothly to care for people at the level they deserve. The last thing… Read More »
Dive Brief: Privately insured patients pay 247% more at hospitals on average than Medicare patients for the same care, according to a new study by nonprofit think tank RAND. The study, based on 2018 data, shows the gap is increasing from 2017 and 2016, which saw disparities of 230% and 224%, respectively. If private payers had… Read More »
Repayment of loans provided under the Coronavirus Aid, Relief and Economic Security Act through the Centers for Medicare and Medicaid Services, is expected to begin soon. This has been a source of stress for some hospitals, but for nonprofits, there’s good news: This won’t materially affect their financial profiles, according to Fitch Ratings. Providers’ ratings… Read More »