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Boston-based Steward Health Care System would become the largest for-profit hospital operator in the U.S. if it wins regulatory approval for a $2 billion merger with Franklin, Tennessee-based IASIS Healthcare. 

Policy uncertainty, changing reimbursement models and price transparency are just some of the topics expected to be discussed at the Healthcare Financial Management Association’s upcoming Annual National Institute, which runs from June 25 to 28 at the Orange County Convention Center in Orlando, Florida. 

Seventeen healthcare organizations have been named winners of the 2017 MAP Award for High Performance in Revenue Cycle by the Healthcare Financial Management Association (HFMA).

After losing in court for the third time over the $54 billion deal, Anthem has officially terminated its merger with Cigna, though the court battles involving the failed acquisition appear to be far from over.

The need for new or upgraded software, provider consolidation and hiring consultants are some of top trends practices will need to contend with as they prepare for the new payment tracks in the Medicare Access and CHIP Reauthorization Act (MACRA).

 

Recent Headlines

How Medicare will be impacted by ACA repeal

A full repeal of the Affordable Care Act (ACA) would mean increased payments to hospitals, providers and Medicare Advantage plans, while likely increasing premiums, deductibles and other costs paid for by beneficiaries.

UPenn Health System expanding into New Jersey

Princeton Healthcare System (PCHS) will join the University of Pennsylvania Health System (UPHS), marking the latter’s first expansion beyond Pennsylvania’s borders.

MedPAC recommends higher pay for docs, hospitals in 2018, but not for ASCs

Medicare payments to physicians and hospitals should increase in 2018, but a planned payment bump for ambulatory surgical centers (ASCs) should be scrapped, according to the Medicare Payment Advisory Commission (MedPAC).

Humana to write off $591 million owed in risk corridor payments

Humana indicated it doesn’t expect to receive the $591 million its owed by the federal government under the risk corridor program of the Affordable Care Act (ACA).

Texas hospital employees seek donations after facility can't make payroll

Weimar Medical Center (WMC) in Texas has been closed since Nov. 26 when it didn’t have enough money to pay its employees. Several weeks later, workers are still waiting on checks.

Nonprofit hospitals maintain stable outlook in Moody’s report

Moody’s Investor Service projects nonprofit hospitals and health systems will remain stable in 2017, despite uncertainty caused by the results of the presidential and congressional elections.

‘A true clean slate:’ What hospitals want in ACA repeal

If Republicans in Congress move forward with plans to repeal the Affordable Care Act (ACA) without a replacement ready, hospitals could lose hundreds of billions of dollars.

Trump talk: President-elect's promise to control drug prices tanks biotech stocks

Biotech stocks fell nearly 5 percent Dec. 7, after Time magazine published an interview with President-elect Donald Trump's interview with Time magazine, in which he vowed to take action to control drug prices.

Aetna argues federal case against Humana merger based on ‘pretend world’

The antitrust trial on Aetna’s proposed $37 billion acquisition of Humana began Dec. 5, with the U.S. Department of Justice beginning to make its case that the merger would reduce competition and raise prices for patients and hospitals.

Medicaid admissions can lead to profits, thanks to Medicare

Adding one Medicaid patient day in 2017 would increase a hospital’s Medicare payments by more than $300, which, when added to Medicaid dollars, makes treating Medicaid beneficiaries profitable for hospitals.

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