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Infographic: Medicare Significantly Underpays Hospitals for Cost of Patient Care
While Medicare has historically reimbursed hospitals below the cost of providing care to patients, new data shows that Medicare payment levels hit record lows in 2022.
Costs of Caring
While recent data suggest that some hospital and health system finances have experienced modest stabilization from historic lows in 2022, the hospital field is still far from where it needs to be to meet the demand for care, invest in new and promising technologies and interventions, and stand ready for the next health care crisis.
Skyrocketing Hospital Administrative Costs, Burdensome Commercial Insurer Policies Impacting Patient Care
Between 2022 and 2023, care denials increased an average of 20.2% and 55.7% for commercial and Medicare Advantage (MA) claims, respectively.
2023 Costs of Caring
Hospitals appreciate the support and resources that Congress have provided throughout the COVID-19 pandemic; however, additional support is needed to keep hospitals strong so they can continue to provide care to patients and communities.
Patient Cost Estimator Toolkit
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Member Issue Brief: Implementing Patient Out-of-pocket Cost Estimators
Strategic Marketplace Initiative (SMI) Resources for Supply Chain
Toolkits/Methodology
The Strategic Marketplace Initiative (SMI) is a consortium of healthcare supply chain executives united to re-engineer and advance t
A New Spend Management Approach for Shoulder Replacement Surgeries
Learn how Rush University Medical Center took an innovative approach to cost reduction and achieved a 21% reduction in the hospital’s shoulder replacement spend, delivering $800,000 in savings in less than one year.
Accounts Payable: Creating Competitive Advantage
Learn how Baptist Health forged its traditional AP cost center into a cost savings driver.
READY, SET, AUTOMATE: 5 Ways Health Care Organizations Can Gain Efficiencies, Reduce Costs with Digitized AP Technology
Explore opportunities for improving the procure-to-pay cycle to generate better outcomes for both health care organizations and their supplier partners.
Carroll Hospital Reduces Scrub Costs by 25 Percent with Cintas Scrub Rental Program
White Papers
From improved scrub availability, to reduced costs, to enhanced infection prevention, Carroll Hospital has experienced tremendous positive results since deploying the Cintas Scrub Rental Program.