Cost Management

The National Institutes of Health Feb. 7 issued supplemental guidance on updating negotiated indirect cost rates for new and existing NIH grants.
The net prices of five drugs included in a new study from the Institute for Clinical and Economic Review increased without clinical justification in 2023. These increases led to $815 million incremental added costs for U.S. payers.
The National Academy for State Health Policy’s Hospital Cost Tool “misses the mark in many ways, and its use by payers, purchasers and policymakers could have dire consequences for hospitals’ financial well-being, and, ultimately, patients’ access to care,” according to a report prepared for the…
There will always be administrative costs associated with operating a hospital. But the lion’s share of a hospital’s resources should be devoted to doing what hospitals do best: provide safe, accessible and exceptional patient care to anyone who needs it.
Between 2022 and 2023, care denials increased an average of 20.2% and 55.7% for commercial and Medicare Advantage (MA) claims, respectively.
The American Hospital Association shares the hospital field’s comments on health care costs and transparency before the Senate Special Committee on Aging.
Last week, several academics released a working paper saying hospital prices lead to employment losses outside the health sector, among other faulty conclusions.
The AHA’s new Costs of Caring report highlights how hospitals and health systems continue to experience significant financial pressures that challenge their ability to provide 24/7 care for patients and communities.
The AHA provides comments before the Senate Committee on Budget on ways to reduce administrative burden and costs in the health care system.
The AHA May 2 released a new report highlighting how hospitals and health systems continue to experience significant financial pressures that challenge their ability to provide 24/7 care for patients and communities.