Hospital labor expenses up 37% from pre-pandemic levels in March
Hailey Mensik | May 12, 2022 Dive Brief:Hospitals’ labor costs rose by more than a third from pre-pandemic levels by March 2022, according to a report out Wednesday from Kaufman Hall. Heightened temporary and traveling labor costs were a main contributor, with contract labor accounting for 11% of hospitals’ total labor expenses in 2022 compared…
CMMI plots ways to grow specialty providers’ role in value-based care
Robert King | May 12, 2022 The Biden administration is looking for ways to get more specialty providers into value-based care, including changing how payment models themselves are designed. The Center for Medicare and Medicaid Innovation has outlined ways to get more safety-net and primary care providers involved, such as more generous savings and upfront…
Study: Medicare needs to improve reimbursements for home care to entice more ACO investment
Robert King | May 12, 2022 Medicare needs to make more home care services reimbursable for accountable care organizations to entice more providers to offer such care, a new study found. The study, released Thursday in the American Journal of Managed Care, comes as the Biden administration has made a renewed effort to improve health…
About 345 hospitals have been warned about price transparency, CMS says
Marissa Plescia | April 4, 2022 As of March, CMS had sent “about 345” warning notices to hospitals noncompliant with its price transparency regulations, the agency responded after a Becker’s request for this information. CMS has the authority to request a corrective action plan if it finds that a hospital is not compliant with one…
AMA requests delay in $100M in provider relief clawbacks
Alia Paavola | April 1, 2022 The American Medical Association is asking HHS to delay clawbacks of the Provider Relief Fund.HHS asked providers to pay back around $100 million in pandemic assistance for failing to comply with the agency’s reporting requirements and deadlines. The HHS’ Health Resources and Services Administration sent notices to noncompliant facilities…