After being delayed in 2009, 2012 and 2014, the nation’s switch to ICD-10 is once again slated to occur this October. Although the industry has had years to prepare, the negative effects of the switch may be felt by all providers, even those that believe they are fully ready for the new coding system
http://www.beckershospitalreview.com/finance/35-financial-benchmarks-for-healthcare-executives.html
Key finance statistics
Source: Moody’s Investors Service, “Preliminary U.S. Not-for-Profit and Public Hospital 2014 Medians: Growth in Hospital Revenue Edges Ahead of Expenses in 2014,” May 2015.
Note: The preliminary medians are based on FY 2014 audited financial statements representing 48 percent of Moody’s rated portfolio. These medians primarily reflect audit year ends of Sept. 30, 2014 and prior.
http://www.californiahealthline.org/think-tank/2015/what-has-half-century-of-medicaid-meant-for-us
On July 30, 1965, President Lyndon Johnson signed controversial legislation creating two ambitious national health programs. Fifty years later, Medicare and Medicaid are still controversial, but for different reasons.
The Children’s Hospital of Philadelphia will open next week its $600 million Buerger Center for Advanced Pediatric Care, the single biggest building project in the pediatric medical center’s 160-year history.
Rebounding from a tough couple of years due to lack of availability of generic drugs, many healthcare facilities are weighing their options.
A number of market forces are making it even more complicated to manage a hospital supply chain today.
HENRY KOTULA 