Larger organizations have greater market power to demand higher prices from those plans for doctor visits and hospital stays. And higher prices paid by plans translate into higher premiums for consumers.
Volumes are down as much as 7%. All three credit-rating agencies have a negative outlook on the not-for-profit healthcare sector. Only 84.4% of provider organizations operated in the black last year, down sharply from the 89.2% that had positive results in 2012 and even below the 86.9% of providers that posted positive results in 2011. At the same time, costs are rising as providers invest in the new technology and care-coordination staff needed to participate in healthcare reform's new payment models.
“Private practice radiology flourished in the era of fee-for-service medicine but it is less well poised for the transition to a more capitated form of health care reimbursement with bundled payments and decreased reimbursement,” the authors write.
CMS is considering reducing reimbursement once again for services that hospitals provide impacting rural and the community space the most. "Hospitals should view this move toward site-neutral reimbursement as a harbinger for the future." Pretty cavalier about taking money away from already struggling hospitals in MSR's opinion.
Five healthcare CFOs and two finance experts discuss risk management challenges and solutions and the impact of trends including consolidation and new capital spending initiatives. As they look to adapt to seismic shifts in the healthcare industry, hospital and health system CFOs must stay focused and trust their instincts when it comes to managing risks for their organizations.
Often a change of ownership or management gives new suppliers and salespeople to get traction in an account. Often partnerships result in new funding. Check this list and see if any of these facilities fall in your sales territory.
First Choice Emergency Room, the largest network of independent freestanding emergency rooms in the United States, today announced the pricing of its initial public offering of 4,900,000 shares of its Class A common stock at a public offering price of $22.00 per share. The shares are expected to begin trading today on the New York Stock Exchange under the symbol "ADPT."
Across the country, a historically fragmented hospital market is organizing around a select group of for-profit and not-for-profit systems. And that means competition has increased for fewer acquisition targets that still remain on the market.