Healthcare Financial Management Association | HFMA

A federal court is allowing the U.S. Department of Health and Human Services (HHS) to decide on remedies covering Medicare underpayments to hospitals for drugs purchased through the 340B Drug Pricing Program.
Healthcare provider plaintiffs had hoped the U.S. District Court for the District of Columbia would dictate terms. But in an opinion published Jan. 10, the court declined to impose specific remedies....

Insights from a leading credit-rating agency illustrate the scope of the financial challenges facing not-for-profit hospitals and health systems in 2023.
S&P Global Ratings revised its outlook (login required) for the NFP acute healthcare sector from stable for most of 2022 to negative for 2023, echoing recent assessments by Fitch Ratings and Moody’s Investors Service....

Healthcare spending in the U.S. has reached what many consider to be unsustainable levels. While spending in other developed nations averaged 8.8% of GDP in 2019, it was nearly double that in the U.S. at 16.8%.
One of the major contributors to this spending is administrative waste, which accounts for up to 30% of our total healthcare spending....

Some 48% of healthcare consumers surveyed said improved insight into how much care would cost was the No. 1 item they were excited about when it came to innovation in healthcare.
Employers can expect an increase of more than 20,000% in adolescent mental health telehealth costs, according to a study showing telehealth appointments cost an average $407 per member over the last year, up from just $2 in 2019....