Check out the most-read finance articles from the past quarter.
- WHY MORE ORGANIZATIONS ARE TERMINATING MEDICARE ADVANTAGE CONTRACTS
- https://www.healthleadersmedia.com/finance/why-more-organizations-are-terminating-medicare-advantage-contracts
- Medicare advantage
- The great termination? More organizations are terminating payer contracts amid heated negotiations, and Medicare Advantage is in the hot seat.
- HEALTHCARE SPENDING HIT $4.5T IN 2022, UP 4.1%
- https://www.healthleadersmedia.com/finance/healthcare-spending-hit-45t-2022-41
- Federal healthcare spending
- The growth is in line with pre-pandemic rates; U.S. insured population hits historic high.
- CONTRACT LABOR IS OUT. CFOS GROW STAFF INSTEAD TO SAVE MARGINS
- https://www.healthleadersmedia.com/finance/contract-labor-out-cfos-grow-staff-instead-save-margins
- Labor costs
- In a push to improve margins, the utilization of contract labor is declining.
- ODDS ARE STACKED AGAINST NOT-FOR-PROFITS SEEKING STRONGER MARGINS, LESSENED CREDIT PRESSURE
- https://www.healthleadersmedia.com/finance/odds-are-stacked-against-not-profits-seeking-stronger-margins-lessened-credit-pressure
- Not-for-profit finances
- Hospital volumes for not-for-profits have largely recovered from the pandemic, however, expenses, particularly salaries and wages, remain stubbornly high.
- WORKFORCE CUTS RUN RAMPANT AS CFOS LOOK TO SAVE
- https://www.healthleadersmedia.com/finance/workforce-cuts-run-rampant-cfos-look-save
- Layoffs
- Inflationary pressures and high labor expenses are leading to major layoffs from some large healthcare systems.