Here are five articles published by Becker's Hospital Review this past week that offer insight on the next decade of health expenditures, ICD-10 coding and cancer centers' advertising dollars.
1. CMS projects next decade of health expenditures, enrollment: 5 things to know
National health spending is expected to grow at an average annual rate of 5.8 percent over the next decade so that by 2025, healthcare will comprise more than a fifth of the economy, according to new estimates from CMS' Office of the Actuary.
2. 6 health systems with strong finances
A roundup of six health systems with strong operational metrics and solid financial positions based on recent reports from Moody's Investors Service, Fitch Ratings and Standard & Poor's Ratings Services.
3. 20 cancer centers comprise 86% of all advertising dollars
Between 2005 and 2014, U.S. cancer centers' advertising costs more than tripled, with spending highly concentrated among a small number of provider organizations, according to a study conducted by researchers at Indiana University School of Medicine and the University of Pittsburgh.
4. 50% of physicians have never heard of MACRA, Deloitte finds
The Medicare Access and CHIP Reauthorization Act of 2015 is meant to spur sweeping change in how healthcare is paid for and administered, yet only one in two practicing physicians is familiar with the legislation, according to a survey by Deloitte's Center for Health Solutions.
5. AHIMA identifies 5 recurrent mistakes in ICD-10 coding
As coders grow and mature in their knowledge of and experience with ICD-10, it's critical hospital administrators recognize best practices and pinpoint coding deficiencies for continued improvement.
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S&P revises Fred Hutchinson Cancer Research Center's outlook to positive
Tackling the growing self-pay revenue problem, 5 steps to get cash from your self-pay portfolio
Officials nix closure, extend Laurel Regional's inpatient services