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The Rural Community Hospital Demonstration Program, which aims to test payments to rural facilities under a “reasonable cost-based methodology” for Medicare inpatient services, has 17 returning and 13 new participants as part of a five-year extension of the program.

A California judge ruled Sacramento-based Sutter Health “intentionally destroyed” 192 boxes of documents which were sought in an antitrust lawsuit against the not-for-profit health system.

Shareholders of the Advisory Board Company signed off on the $1.3 billion sale of its healthcare division to UnitedHealth Group’s Optum health services segment.

Policymakers may think elderly Americans should be satisfied with their Medicare coverage, but, according to new research from the Commonwealth Fund, they come in last place when compared to senior healthcare in 10 other countries.

Price growth in healthcare was at a 1.1 percent annual rate as of Sept. 2017 compared to the year prior, according to the Altarum Institute, coming close to the all-time low of 0.9 percent annual growth seen in Dec. 2015.

 

Recent Headlines

Ascension to acquire Chicago’s Presence Health

Ascension Health, already the largest integrated health system in the U.S. by number of facilities, will grow larger by acquiring Chicago-based Presence Health, the largest Catholic health system in Illinois.

3 things to know about Moody’s hospital report

Moody’s Investor Service released its latest review of financial performance for the 323 not-for-profit hospitals it rates on Aug. 21, showing tighter profit margins and a milestone being reached for outpatient revenue in 2016 while retaining a stable outlook for the sector.

Medica buying Mayo Clinic’s health benefits division

Minnetonka, Minnesota-based Medica has reached a deal with Mayo Clinic to acquire its Mayo Clinic Health Solutions division, also known as MMSI, for an undisclosed sum.

Hospital’s nonprofit status revoked by IRS for the 1st time

In a first for the Internal Revenue Service (IRS), it stripped a hospital’s nonprofit tax status over failing to meet charity care requirements which went into effect, though the unnamed hospital also claimed it didn’t want or need tax-exempt status.

CBO: Premiums would spike 20% in 2018 if ACA insurer subsidies pulled

If payment of cost-sharing reduction subsidies, or CSRs, for insurers offering coverage on the Affordable Care Act (ACA) marketplace are terminated, premiums would be 20 percent higher on average in 2018 and federal spending would increase, but the ACA market would remain stable, according to the Congressional Budget Office.

Deloitte’s Chip Newton: Where your practice is overspending on labor

When it comes to finding waste in their labor costs, healthcare leaders need to sweat the small stuff, according to Chip Newton, senior manager at Deloitte Consulting LLP.

ACA insurers get 3 extra weeks to file final rates for 2018

CMS has pushed back the deadline for insurers to file their final 2018 rate requests for the Affordable Care Act (ACA) exchanges until Sept. 5, giving companies extra time to decide what plans and prices to offer.

Few patients making use of price transparency tools

Two studies published in the August edition of Health Affairs emphasized while patients like the idea of having healthcare prices available for comparison shopping, in practice, few actually take advantage of the tools.

CMS finalizes 2018 skilled nursing, inpatient rehab, hospice payment rules

CMS has issued its final rules for 2018 Medicare payment rates and policy updates for skilled nursing facilities (SNFs) and inpatient rehabilitation facilities (IRFs).

CMS outlines how it will cut $43B from Medicaid DSH payments

A proposed rule from CMS offered greater detail on the methodology for implementing the Affordable Care Act’s $43 billion in cuts to Medicaid Disproportionate Share Hospital (DSH) payments between 2018 and 2025.

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