News
The Medicare trust fund will be exhausted by 2017, two years earlier than originally projected, according to the annual report by the Medicare Trustees.
As healthcare finance professionals gather here for the Healthcare Financial Management Association’s 2009 ANI conference, they are faced with the worst economic environment in a generation, perhaps since the Great Depression.
According to a May 2009 WellPoint Institute of Healthcare Knowledge report, advances in medical technology may be the primary driver of increased costs, not insurer profits.
Mount Washington Pediatric Hospital, a Baltimore-based facility for children with complex medical needs, has implemented a new software system for billing automation and cost control.
ElderHealth Northwest, the largest provider of community-based care centers for elderly people in Washington, has been forced to lay off nearly 40 people as a result of state budget cuts.
The Senate Finance Committee has released a list of possible health reform options, including reducing contribution limits to flexible spending accounts or eliminating them entirely.
New Jersey hospitals could lose $97 million in federal funds next year and more than $500 million over the next five years under new Medicare payment rules proposed to take effect in October, according to an analysis by the New Jersey Hospital Association.
With state Medicaid program cutbacks and reduced Medicare reimbursement rates looming, hospitals are looking to control costs in labor management.
According to The New England Healthcare Institute, the primary care crisis is the "confluence of a rising demand for primary care and a decreasing supply of professionals providing these services."
Some safety-net hospitals have devised a way to hold down costs due to the rising number of uninsured patients showing up in their emergency rooms.