Morning Briefing
Summaries of health policy coverage from major news organizations
Report: Financial Pressures On Hospital Operating Margins Easing
Hospital operating margins continued to decline in 2022 as labor expenses climbed, but financial pressures may be easing, according to a new report. The median hospital operating margin dropped 39% from 2021 to 2022 as labor costs increased 9%, a monthly Kaufman Hall analysis of data from more than 900 hospitals found. However, expense growth slowed and inpatient volumes improved in December, which could signal a more stable financial outlook for early 2023, analysts said in the report. Here are five takeaways from the data. (Kacik, 1/30)
Hospitals will likely see bad debt soar when a pandemic-era rule expires聽allowing states to kick patients off Medicaid April 1, according to a January report from Moody鈥檚 Investors Service. The rule had encouraged states to keep beneficiaries continuously enrolled 鈥斅爎egardless of eligibility 鈥斅爄n order to receive聽higher reimbursements.聽Once states start trimming their rolls, however, hospital revenue is expected to decline as health-care providers will need to聽assume costs from an expected wave of uninsured patients. (Coleman-Lochner, 1/30)
In other health care industry news 鈥�
Mental health professionals are seeing an increase in requests from companies for trauma support training. From self-care practices to recognizing the physiological impacts of trauma, more organizations have realized that workers can't just be expected to handle the trauma on their own, according to Ruth Yeo-Peterman, a resilience programming trainer with the Center for Victims of Torture. (King, 1/30)
Barbara H. Stanley, a psychologist and researcher who developed a simple, effective tool for suicide prevention, died on Wednesday in a hospice in Scotch Plains, N.J. She was 73. Her daughter, Melissa Morris, said the cause was ovarian cancer. Dr. Stanley, a professor of psychology at Columbia University and the director of suicide prevention training at New York State Psychiatric Institute, helped propel a major shift in the field of mental health as researchers began to view suicide as a distinct problem that could be directly addressed, rather than as a symptom of another disorder. (Barry, 1/29)