Tag Archives: hospitals

Hospitals likely upcoding severity levels for Medicare patients, OIG says

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 »

Hospitals charge privately insured patients 250% more than those on Medicare. The gap is growing.

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 »

Nonprofit hospitals’ liquidity supports the ability to repay CARES Act loans, says Fitch

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 »

Here’s how nonprofit hospitals weathered the first half of 2020

The second quarter was an important marker for the healthcare industry as it captured the full weight of the COVID-19 pandemic’s drag on hospital operations. Many of the nation’s largest nonprofit health systems have now disclosed either their second-quarter or six-month results via filings to bondholders. The results are mixed, but many experienced a drop… Read More »

HHS is releasing over $4 billion in relief payments to safety net, rural hospitals

The U.S. Department of Health and Human Services through the Health Resources and Services Administration has announced approximately $ 3 billion in funding to hospitals working on thin margins which serve a large percentage of vulnerable populations. HHS expects to distribute the $ 3 billion across 215 acute care facilities, bringing the total payments for… Read More »