United Surgical Partners agrees to $1.48M settlement in 401(k) fee lawsuit
Editor's Note United Surgical Partners International Inc. has agreed to pay $1.48 million to settle a proposed class action alleging its 401(k) plan charged excessive fees and included costly investment options, according to a motion filed in Texas federal court, Law360 January 6 reports. The settlement resolves a lawsuit brought…
Hospitals, health groups criticize CMS pay proposals
Editor's Note Hospital groups are criticizing CMS' proposed 2.6% pay increase for 2025, deeming it insufficient for nonprofit hospitals with operating margins near or below zero, according to a July 11 article in Becker’s Hospital CFO Report. The American Hospital Association and America's Essential Hospitals argue the rise won't cover…
Per-person healthcare spending grows nearly 19% in 5 years
Editor's Note Average prices for healthcare services trended upward from 2018 to 2022 despite fluctuations in utilization of service, according to the annual Health Care Cost and Utilization Report (HCCUR) from the Health Care Cost Institute (HCCI). In the same timeframe, per-person spending increased nearly 19%. "Prices, in particular, pose a…
State lawmakers target rising healthcare costs via legislation on hospital facility fees
Editor's Note An increasing trend in healthcare billing has seen patients facing unexpected "hospital facility fees," even for routine services at clinics not physically connected to a hospital, Stateline April 25 reports. These fees, which can range significantly, are tacked on by hospitals to cover operational costs and have been…
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