Finance and Business Strategy

Create more accurate cost reports faster with BESLER’s Easy Work Papers

A cost report is a critical reimbursement tool, but as much as 80% of it is repetitive. Check out this solution that is designed to help hospitals automatically complete the areas that repeat, so their staff has more time to focus on areas that have a real impact on the hospital’s revenue.

By HFMA September 27, 2024

Scrutiny in the Steward Health Care scandal

Nick Hut and Shawn Stack discuss the continuing bankruptcy proceedings of Steward Health Care and refusal of system CEO Ralph de la Torre to testify before the Senate.

By Erika Grotto September 23, 2024

Research Conducted by HFMA

This collection of partnered research covers a broad range of healthcare finance topics. Some of which are: finance and business strategy, leadership, revenue cycle management, technology and operations.

By HFMA September 16, 2024

Senate hearing on Steward Health Care depicts consequences of hospital management decisions (updated-2)

Note: This story was updated Sept. 26 and Sept. 30 with additional news, including a lawsuit filed by now-former CEO Ralph de la Torre. After the CEO of Steward Health Care rebuffed a subpoena to appear Thursday at a Senate committee hearing, members and invited panelists used the occasion to bemoan the company’s hospital ownership…

By Nick Hut September 12, 2024

Lease administration: The key to reducing business risk and expenses

Your lease portfolio represents one of the largest business expenses within your budget. Download this white paper to learn how to take control of your leases.

By HFMA August 29, 2024

The financial state of the not-for-profit hospital sector: key takeaways from the latest medians

The financial condition of the U.S. not-for-profit (NFP) hospital industry can be described as steadily improving but still struggling, according to insights from two of the three main credit-rating agencies. Fitch Ratings and S&P Global both recently issued reports on sector medians, using audited data from 2023. The companies described an industry that has rebounded…

By Nick Hut August 22, 2024

Hospitals see a margin advantage as care migrates to the outpatient department

The site-of-care shift toward the outpatient setting increasingly is manifesting in margin per case, according to recent financial data. “While overall margins for both inpatient and outpatient hip and knee replacement surgeries have declined, outpatient procedures now have higher margins than inpatient procedures,” Strata Decision Technology wrote in its Performance Trends Report for Q2 (registration…

By Nick Hut August 19, 2024

Ascension’s investment in R1 RCM pays off with $1.1 billion valuation

R1 RCM signed a definitive agreement to be acquired in full by funds affiliated with investment firms TowerBrook Capital Partners — currently a partial owner — and Clayton, Dubilier & Rice for $8.9 billion including about $3 billion in debt. The deal values the revenue cycle management company at $14.30 per share, which would attach…

By Paul Barr, MS, MBA August 2, 2024

The fate of the FTC’s ‘noncompete’ rule appears muddled after early court decisions (updated)

Aug. 20 update: This article has been updated with news that a court has halted the FTC’s rule from taking effect. See the update below. A highly scrutinized rule prohibiting employers from using noncompete agreements has received a mixed reaction in the courts during the leadup to its implementation. Set to take effect Sept. 4,…

By Nick Hut August 1, 2024

Premier’s AI platform offers a data-driven solution for medical group leaders

Learn about how Provider Practice Benchmarking allows medical group leaders to directly measure their performance across more than 150 physician and advanced practitioner specialties in a number of areas from a single reporting platform.

By HFMA August 1, 2024
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