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CMS to Increase 2024 Medicare Payments to Inpatient Psychiatric Facilities by 2.3%
This means that total payments to inpatient psychiatric facilities (IPF) are projected to increase by $70 million in fiscal year 2024. CMS will also update Medicare’s payment rate to inpatient psychiatric facilities by 3.3% next year.
Home Health M&A up 20% from 1Q-2Q
Deals were still down 14% compared with the year-ago quarter.
The 2 IT Issues Affecting HCA’s Bottom Line
A data breach affected 11 million HCA patients and 171 hospitals is one of the key issues.
300+ Rural Hospitals at Immediate Risk of Closure
New York State ranks highest, with 43% of its 22 rural hospitals facing risk of shutting down.
PE, Government Regulations in Health Care Ripped in House Committee Hearing
Lawmakers railed against private equity investment in health care, but it’s unclear how that could affect federal efforts to open up price information for medical treatment.
Moody’s Downgrades Nuvance Health
Moody's Investors Service has downgraded Nuvance Health's revenue bond rating to Baa3 from Baa2. The outlook is negative at the lower rating level. Nuvance has approximately $1 billion of debt outstanding.
2023 Median Ratios: Not-for-Profit Hospitals and Healthcare Systems Still Face Liquidity Challenges
Fitch Ratings’ 2023 medians (using audited 2022 data) largely show sizable and widespread deterioration in operating margins and balance sheet metrics.
Is GI Consolidation a Necessity to Thrive?
U.S. Digestive Health CEO Jerry Tillinger discusses the upsides to consolidation.
Why the Investor Community Should be Watching Medspas
During COVID, cosmetic procedures actually rebounded faster than the medical dermatology side.
6 Reasons Healthcare Organizations are Seeing an Increase in Financial Distress
Factors behind the increase include capital market constrraints, labor and supply cost pressures, market returns and more.