Tag Archives: hospitals

Efficient hospitals operate on -2% margins in Medicare payments, MedPAC reports

The Medicare Payment Advisory Commission is recommending that payments in 2020 to acute care hospitals increase by 2 percent instead of the 2.8 percent expected under current law, and that the remaining .8 percent be used as a financial reward under a single quality incentive program. In also recommending that hospitals keep the money assessed… Read More »

Quality varies wildly among affiliates linked with US News top hospitals, JAMA study finds

Dive Brief: Choosing to have surgery at a facility affiliated with a highly rated U.S. hospital doesn’t guarantee the same quality experience, a new study in JAMA Surgery finds. In an analysis of hospitals affiliated with U.S. News & World Report Honor Roll hospitals, surgical outcomes varied widely both within and across networks. Moreover, Honor Roll… Read More »

Medical University of South Carolina completes acquisition of 4 hospitals from Community Health Systems

MUSC School of Medicine-courtesy MUSC The Medical University of South Carolina Hospital Authority has completed its first-ever acquisition of medical facilities with the purchase of four South Carolina hospitals from subsidiaries of Community Health Systems. These hospitals include 82-bed Chester Regional Medical Center, 225-bed Springs Memorial Hospital, 396-bed Carolinas Hospital System and 124-bed Carolinas Hospital… Read More »

Cleveland Clinic rebrands newly acquired Florida hospitals, broadens footprint in Sunshine State

Cleveland Clinic has now officially rebranded four hospitals whose acquisition deals recently closed. Indian River Medical Center and Martin Health System leaders met with Cleveland Clinic officials Thursday and they also gathered with caregivers to share their vision for the newly integrated hospitals. THE IMPACT Both acquisitions will broaden Cleveland Clinic’s Florida footprint, as Martin… Read More »

Medicare, Medicaid underpaid U.S. hospitals by $76.8 billion in 2017, American Hospital Association says

According to new data released by the American Hospital Association, Medicare and Medicaid underpaid U.S. hospitals by $ 76.8 billion in 2017. Medicare underpayments totaled $ 53.9 billion and Medicaid underpayments $ 22.9 billion for 2017. Meanwhile, in 2017, hospitals provided $ 38.4 billion in uncompensated care, the AHA said. THE IMPACT This means hospitals… Read More »