HealthLeaders Media March 28, 2024
The full effect of the Change Healthcare hack has yet to be measured.
KEY TAKEAWAYS
– Gross revenue continues to rise at a faster rate than net revenue, highlighting payer mix changes, while bad debt and charity care have also risen over the last few years.
– While revenue growth is primarily being driven from the outpatient setting, the ongoing decline in inpatient revenue continues.
– In the aftermath of the Change Healthcare hack and its effect on provider cash flows, cybersecurity has become a top priority of hospital leaders, who are sorting out the operational implications.
Hospital Margins averaged 3.96% in February, continuing a strong trend in 2024. However, the data collected for February from more than 1,300...
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