Tag: Financial costs

Survey: Almost half of Americans struggle to afford healthcare

Editor's Note Nearly half of Americans struggle to afford health care and prescription medications, according to the latest Healthcare Affordability Index from West Health and Gallup. Newsweek reported on the findings July 17. Based on polling of 5,149 adults, the index shows a decline in affordability by six points since…

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By: Matt Danford
July 19, 2024
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US healthcare spending growth expected to outpace overall economic growth

Editor's Note Expected to grow at an average annual rate of 5.6%, US healthcare spending will outpace GDP growth—projected at 4.3%--and rise to $7.7 trillion by 2032, according to a June 28 report in ASC focus. The $7.7 trillion figure amounts to 19.7% of GDP. The report is sourced from…

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By: Matt Danford
July 8, 2024
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Study: Federal antitrust action minimal relative to number of hospital mergers

Editor's Note Federal regulation of hospital mergers is inadequate, according to an April antitrust enforcement study scheduled to be published by the American Economic Association. According to a June 14 report in Modern Healthcare, researchers at universities including Harvard and Yale analyzed insurance claims data from Aetna, Humana, and UnitedHealthcare,…

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By: Matt Danford
June 27, 2024
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Rural hospitals contend with challenging opportunities

Rural hospitals in the US have been facing a prolonged, multifaceted crisis. The literature presents several reasons for why healthcare facilities in rural areas struggle, including shrinking budgets, rising chronic illness and public health issues like addiction and obesity, poor telehealth and broadband access, aging populations, deteriorating mental health, and…

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By: David C. Walsh
June 24, 2024
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Study: “Team nursing” at odds with patient safety; alternative staffing solutions recommended

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Editor's Note Substituting lower-wage staff for registered nurses leads to additional patient deaths, the Washington Post reported on June 15. The article focuses on a study published in the journal Medical Care, noting that the new research coincides with a nationwide shortage of RNs and “reports of widespread burnout.” Researchers…

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By: Matt Danford
June 20, 2024
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CMS to end Change Healthcare cyberattack assistance program

Editor's Note The Centers for Medicare & Medicaid Services (CMS) has announced assistance for providers affected by the Change Healthcare cyberattack ends next month. According to the June 17 announcement, payments under the Accelerated and Advance Payment (AAP) Program for the Change Healthcare/Optum Payment Disruption (CHOPD) will end July 12,…

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By: Matt Danford
June 20, 2024
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US healthcare spending outpaces GDP, tracks toward $7.7 trillion by 2032

Editor's Note Growth in healthcare spending is outpacing nominal economic growth, Hospice News reported June 12. Citing a study from the Office of the Actuary (OACT) at the Centers for Medicare and Medicaid Services (CMS), the outlet reports that healthcare spending’s share of GDP is projected to rise from 17.6%…

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By: Matt Danford
June 13, 2024
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Doctors hit by cyberattack seek legal action against UnitedHealth

Editor's Note Doctors are urging the American Medical Association (AMA) to take legal action or otherwise help recoup their losses from the February 21 Cyberattack on Change Healthcare, a division of United HealthGroup. Forbes reported the news June 3. The article cites a a resolution before the AMA’s reference committee on amendments…

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By: Matt Danford
June 5, 2024
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Editorial: Nurse leaders, vendors must collaborate effectively

Is working with a healthcare vendor a necessary evil? For leaders in the perioperative space, where vendors abound, it may be tempting to answer “yes.” The relationship between vendors and nurse leaders is a delicate balance between give and take, but sometimes the take seems to outweigh the give. Nonetheless,…

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By: Jane E. Kuhn, RN, MSN, CNOR(e), NEA-BC (Retired)
May 24, 2024
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Built to grow: Key elements of planning a new ASC

Are you part of the ambulatory surgery center (ASC) construction boom? If so, you’re not alone. Approximately 116 new facilities opened in 2023, according to Becker’s ASC Review, and more are planned for and underway in 2024. This trend shows no signs of slowing. Fortune Business Insights projects the US…

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By: Brendan Dooley
May 24, 2024
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