Industry Trends

Hospital service prices overall rose 0.5% from March to April and by 2.9% from a year ago. Inpatient hospital services rose 0.6% for the month and were up 2.6% over last year, while outpatient hospital services rose 0.4% from March and 4.2% from April 2022.

The split will affect about 12,000 Northeast Georgia Health System patients.

The bankruptcy filing, which could be made as soon as this weekend, will wipe out the investment of KKR, which took Envision private in a $5.5 billion buyout in 2018.

Before agreeing to make “hospital-at-home” programs permanent, Congress and the Centers for Medicare and Medicaid Services should conduct research to determine if they save money and deliver treatment on par with inpatient care, according to the report.

From 2018 to 2020, consumers paid $1 billion in deferred interest payments on healthcare credit cards and loans.

This includes more than $200 million toward the expansion of Galen College of Nursing, and approximately $136 million toward the opening of new HCA Healthcare Centers for Clinical Advancement.

Generative AI such as ChatGPT, the artificial intelligence-based chatbot developed by OpenAI, is being touted as a tool that can revolutionize healthcare.

The health system chose to scrap the project because of pandemic-related challenges and financial obligations tied to the project.

Transaction activity is expected to remain robust, particularly among private equity buyers.

The health system has pointed to declining revenues and an unstable reimbursement environment as reasons for the closure.