Rich Daly
About the Author
Rich Daly is senior editor, policy affairs with HFMA, based in Alabama. His healthcare policy and finance reporting experience includes staff writer positions with Modern Healthcare and Congressional Quarterly (both focused on healthcare regulatory and legislative developments); editor-in-chief of 340B Report (the only news outlet focused on daily policy, legal, and business developments in the 340B program); and serving as a content director for Sg2/Vizient Inc (producing reports on financial pain points and solutions for health systems). He previously covered daily news for HFMA and wrote features for Healthcare Financial Management magazine, where his recognitions included the Stephen Barr Award (the only individual achievement award) from the American Society of Business Publication Editors.
Latest Work
Employers turn to direct contracting as hospital costs continue to rise
The Purchaser Business Group on Health (PBGH) has developed a data tool that combines price, quality, and safety data to help employers make informed decisions about direct contracting with hospitals, potentially saving them 10-60% of their healthcare costs.
CFOs see AI innovation officer as key role in healthcare leadership
CFOs of hospitals and health systems are prioritizing the development of AI capabilities in the C-suite, with the chief AI innovation or implementation officer being seen as the most important role, and cost containment and cybersecurity being the areas where CFOs feel the most prepared.
FastFinance: The latest direct contracting push
HFMA’s FastFinance newsletter is now a podcast. Host Rich Daly discusses the most current and relevant healthcare news, delivered in an easily digestible format. Employers have a new data source that combines price, quality and safety data and was expected to fuel a renewed push on direct contracting. Also, this week’s Weird Number: 30%. Fewer…
Rural Health Transformation Program’s application deadline arrives, bringing states and hospitals a step closer to billions in funding dollars
In the final days before the application deadline for the $50 billion Rural Health Transformation Program (RHTP), states and hospitals were scrambling to present the relevant information to CMS in the best possible light. Nov. 5 is the deadline to for states to apply for a share of the $10 billion that will be made…
California hospitals sue to stop state cost control board’s spending caps
The California Hospital Association filed a lawsuit against the California Office of Health Care Affordability (OHCA) to stop spending tracking that would produce "potentially substantial monetary penalties" by 2028, arguing that the OHCA ignored key factors that drive hospital spending and failed to consider inflation, demographic factors, and other costs.
Federal shutdown delays Medicaid payment approvals, health leaders say
The federal government shutdown has halted the approval of new Medicaid state-directed payments (SDPs), with some states still under consideration, and the financial impact on health systems will vary depending on the outcome.
FastFinance: One health system’s efficiency push
HFMA’s FastFinance newsletter is now a podcast. Host Rich Daly discusses the most current and relevant healthcare news, delivered in an easily digestible format. Federal funding cuts under the One Big Beautiful Bill Act are expected to bite in a couple years. But one health system is trying to jumpstart its efficiency efforts by pretending…
Employers underestimate employees’ healthcare affordability struggles, survey finds
New survey data shows that 44% of employees with employer-sponsored insurance struggle to afford out-of-pocket healthcare costs, while employers overestimate their employees' ability to meet these costs.
Administrative costs outpace direct patient care at US hospitals
Hospital administrative costs have increased significantly in recent years, with administrative spending now 199% of direct patient care costs, driven by increased government reporting requirements and other wasteful activities, according to a recent analysis.
Staffing issues fuel healthcare unionization efforts nationwide
Healthcare unionization is increasing due to a lack of employee satisfaction post-pandemic, with staffing issues and a shift in workforce expectations being major drivers of discontent.