Healthcare Finance provides timely and in-depth coverage of the challenges faced by healthcare providers and payers in light of skyrocketing healthcare costs, regulatory developments and diminishing reimbursements. Helmed by an experienced team of independent editors and journalists, we deliver news, analysis, educational content to an audience of senior healthcare financial managers and ...

13 hours ago · The Cigna Group saw profits take a hit in the fourth quarter, reaching $1.4 billion, while it struggled with elevated medical costs, officials said during an earnings call today.. Cigna's profits for the year were $3.4 billion, a decrease from the $5.2 billion in profit logged in 2023. Chairman and CEO David Cordani said higher stop-loss medical costs were the primary factor in the company's ...

Improving the Patient Financial Experience Throughout the Patient Journey While many healthcare providers believe that improving the patient financial experience is a critical step for their organization, few have done so successfully. Read this brief to …

Insurers and government payers are having to make major adjustments as well. This section highlights Healthcare Finance’s coverage on topics including benefit design, Medicare and Medicaid, risk management,

Dec 21, 2024 · Telehealth gets short extension, physician pay is cut in spending bill Stripped out of the final bill is a provision to prevent the 2.8% Medicare pay cut to physicians.

Nov 30, 2023 · Escalating reimbursement delays and declining cash reserves are placing hospitals and health systems across the nation in a precarious financial predicament, according to data from Syntellis Performance Solutions' analysis of 1,300 hospitals.. The findings, published in partnership with the American Hospital Association, underscore the pressing need for measures aimed at alleviating financial ...

Dec 27, 2024 · Even though there are still challenges facing the industry, healthcare executives are optimistic heading into 2025, with a new Deloitte survey showing 60% of C-suite leaders have a favorable view of the coming year, up from 52% a year ago.. Most, 69%, expect greater revenues, while 71% anticipate improved profitability.

Dec 3, 2024 · Health systems in the U.S. saw slight margin gains in October following three months of declines, while operating margins for individual hospitals narrowed and expenses remained high, according to new data published by Strata Decision Technology.. Significant increases in drug costs contributed to higher nonlabor expenses, as drug expenses rose 15.2% and total nonlabor expenses increased 10% ...

Mar 18, 2024 · Eighty four percent of health systems cite lower reimbursement from payers as a top cause of low operating margins, according to a report published by the Healthcare Financial Management Association and Eliciting Insights, a healthcare strategy and market research company.. Further exacerbating health system margin struggles is the increased administrative burden placed on providers.

Dec 28, 2023 · In the coming year, more than half of Medicare's 66 million beneficiaries may opt for private Medicare Advantage plans, a development likely to put further strain on an already overstretched healthcare system, according to a report in the New England Journal of Medicine.. The report, written by Gretchen Jacobson and David Blumenthal, raised several questions regarding the ascendancy of MA, its ...