April 2022

Hospitals to receive a proposed 3.2% payment increase in 2023

By Susan Morse for Healthcare Finance General acute care hospitals are projected to get a 3.2% increase in operating payment rates under the Hospital Inpatient Prospective Payment System and Long-Term Care Hospital Prospective Payment System proposed rule released Monday by the Centers for Medicare and Medicaid Services. CMS estimates that payments to hospitals will increase in 2023 by $1.6 billion. The…

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Physician pay is climbing after early-pandemic slump

By Susan Kelly for Healthcare Dive Dive Brief: Doctors’ incomes are on the rise again, after stagnating and in many cases declining when practices closed and patients stayed home at the start of the COVID-19 pandemic, according to a new physician compensation report from Medscape. Pay increases by specialty ranged from 13% for otolaryngology to 1% for…

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EHR dissatisfaction linked to increased clinician resignation

By Katie Adams for Becker’s Hospital Review Burnout and EHR dissatisfaction are key factors associated with clinicians’ likelihood to leave their organization, according to KLAS research released April 12. KLAS surveyed 59,000 clinicians about how likely they are to leave their organizations in the next two years. The survey found that clinicians who are very dissatisfied with…

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36 hospitals on Forbes list of best employers for diversity

By Kelly Gooch for Becker’s Hospital Review Thirty-six hospitals and health systems are among the nation’s best employers for diversity, according to Forbes. Forbes partnered with market research firm Statista for the rankings, which are based on a survey Statista conducted among 60,000 Americans working for businesses with at least 1,000 employees. The survey, conducted from September-October…

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CMS proposes 1,495 changes to ICD-10 diagnosis codes

By Alia Paavlov for Becker’s Hospital Review CMS proposed 1,495 changes to the ICD-10-CM diagnostic code set in its proposed Inpatient Prospective Payment System rule released April 18. A large slew of the proposed changes focus on brain illness and injuries — mostly dementia-related diagnoses  — and endometriosis. Specifically, CMS proposed a set of codes that focus…

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9 physician billionaires on Forbes’ 2022 list

By Laura Dydra for Becker’s Hospital Review Nine U.S. physicians appeared on Forbes‘ 36th annual list of the world’s richest people. The list featured 33 U.S.-based billionaire entrepreneurs, heirs, inventors and leaders in healthcare, and 2,668 billionaires all together. Below is the list of U.S. physician billionaires and their 2022 net worth. Thomas Frist Jr., MD. Co-founder of HCA Healthcare…

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Which healthcare workers are most likely to quit their jobs?

By Hailey Mensik for Healthcare Dive Dive Brief: Turnover rates for healthcare workers are returning to pre-pandemic levels after massive disruptions during initial coronavirus waves, though rates among physicians and those working in long-term care have worsened, according to research published Friday in Health Affairs. Out of all healthcare occupations, health aides and assistants had…

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Spine code changes you can’t afford to miss

By Paul Cadorette, CPC, COC, CPC-P, COC, CASCC, Director, Training and Education, Coding, and Alison Kuley, CPC, Senior Spine Coder, National Medical Billing Services for Becker’s ASC Review Much like the spine itself, medical coding constitutes the backbone of your revenue cycle. As more spinal procedures are performed on an outpatient basis in ambulatory surgery…

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Why insurers, health systems are breaking up

By Laura Dyrda for Becker’s Hospital Review Insurers and health systems across the U.S. have been at odds during the most recent cycle of contract negotiations, and terminated contracts are affecting thousands of patients. As hospitals continue to recover financially from the COVID-19 pandemic and deal with higher supply costs and employee wages, many organizations…

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8 best health systems to work for: Fortune

By Ayla Ellison for Becker’s Hospital Review Eight health systems made Fortune‘s 100 Best Companies to Work for list this year. For its list, Fortune surveyed more than 870,000 employees. The survey enabled employees to share confidential quantitative and qualitative feedback about their company’s culture by responding to 60 statements on a five-point scale and answering two open-ended questions. All…

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