The Department of Health and Human Services today released a report and public data on 2016-2022 ownership changes for hospitals and nursing homes enrolled in Medicare. 

According to the report, only 4.6% of hospitals were sold over the period. Small hospitals with 26-64 beds were more likely to be acquired than larger hospitals, and hospitals with the greatest negative margins were over twice as likely as those with the highest positive margins to be acquired (8.6% versus 3.0%). Only one critical access hospital was acquired during the study period, and urban hospitals were more likely to be acquired than rural hospitals (5.6% versus 3.3%). Long-term care hospitals were the most likely to be acquired, while psychiatric and “other” hospitals were the least likely. 

The agency plans to update the data on a quarterly basis.

Related News Articles

Headline
As the Medicare Payment Advisory Commission considers Medicare payment adequacy, AHA today encouraged the panel to recommend adding a one-time retrospective…
Perspective
There are many significant milestones in our nation’s history of voting. In 1776, America’s birth year, only white men age 21 and older who owned land were…
Headline
Senate Finance Committee Chairman Ron Wyden, D-Ore., today released a report confirming deceptive marketing practices by Medicare Advantage plans, which found…
Headline
AHA today released a new report and infographic showing how some commercial health insurers, including Medicare Advantage plans, can cause dangerous delays in…
Headline
The Centers for Medicare & Medicaid Services Friday finalized a rule updating Medicare enrollment and eligibility rules to strengthen coverage and ease…
Headline
Medicare open enrollment for 2023 began Saturday and runs through Dec. 7. During the annual open enrollment period, beneficiaries can review and change their…