Tag: Healthcare Spending

Third quarter earnings: UHS, Tenet see financial success; CHS, HCA face challenges

Editor's Note Two major hospital systems–Universal Health Services (UHS) and Tenet Healthcare–saw improved third-quarter profits in 2023, but Community Health Systems (CHS) and HCA Healthcare did not see similar upward trends, HealthLeaders November 3 reports.  According to the article, rising demand in services at UHS drove third-quarter earnings up 6.8%…

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By: Brita Belli
November 7, 2023
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'Million Hearts Model' reduces likelihood of first-time heart attack, stroke

Editor's Note The Million Hearts Model program—an initiative to prevent one million heart attacks and strokes within 5 years—reduced the probability of a first-time myocardial infarction or stroke without significant changes in Medicare spending. The findings were published by JAMA Network on October 12. The Million Hearts Model paid healthcare…

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By: Brita Belli
October 18, 2023
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CMS: Healthcare spending to reach nearly $7.2 trillion by 2031

Editor's Note This study from the Centers for Medicare and Medicaid Services (CMS) Office of the Actuary (OACT) estimates that US healthcare spending will grow by 5.4% per year on average from 2022 to 2031, now that the COVID-19 public health emergency has ended. Rising from $4.4 to $7.17 trillion,…

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By: Judy Mathias
June 20, 2023
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Report: More than half of administrative healthcare spending in the US is wasteful

Editor’s Note A report published in Health Affairs on October 6 claimed that up to 30% of healthcare spending is used for administrative purposes, and more than half of that is not significantly contributing to health outcomes, Becker’s Hospital Review October 10 reports. In 2019, Health Affairs launched the Council…

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By: Bridget Brown
October 11, 2022
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