By Jordan Rau – In America’s health care system, dominated by hospital chain leviathans, New Hanover Regional Medical Center in Wilmington, North Carolina, is an anomaly. It is a publicly owned hospital that boasts good care at lower prices than most and still flourishes financially.
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By Pamela J. Gallagher – Hospitals and health systems have spent the past decade responding to patient and government demands for increased price transparency, and the demand only continues. While the healthcare industry has made strides in ensuring patients know the cost of their care up-front…
By Pamela J. Gallagher – In 2019, emergency departments across the U.S. saw an average of 2.1 million patients per week, according to the CDC. Over the past several decades, healthcare organizations have invested large amounts of money, time, and effort to study the trend of…
By John N. Kastanis – We are still a long way off from living in a true post-COVID-19 era. Only when we are equipped with the knowledge and resources needed to deal with new types of SARS viruses, including effective new treatments and vaccines, will we truly move forward.
By Kristy Boldt – As the pandemic continues, some organizations have begun to look at outsourcing as a long-term survival strategy. However, even before the pandemic, IT outsourcing by hospitals was going strong, according to a recent Black Book Survey.
By Samantha Young – Three months ago, the nation watched as COVID-19 patients overwhelmed New York City’s intensive care units, forcing some of its hospitals to convert cafeterias into wards and pitch tents in parking lots.
By David Shelton – The effects of COVID-19 on global health, economies and societies have been well documented and are nothing short of staggering. Millions of Americans face uncertain financial futures, which in turn creates uncertainty for organizations to whom consumers owe money.
Hospital patient volumes dropped dramatically and quickly since the end of February as both patients and doctors reprioritized or delayed normal services. According to data gathered by the Crowe Revenue Cycle Analytics software, with the exception of those in New York City and San Francisco…
The nation’s hospitals are suffering significant financial damage as a result of the COVID-19 pandemic response. Kaufman Hall’s data from more than 800 U.S. hospitals show that volume and revenue declines, along with flat to rising expenses, resulted in…