Finance & Budgeting

President Trump Feb. 13 signed a presidential memorandum ordering the development of a comprehensive plan for 鈥渞estoring fairness in U.S. trade relationships and countering non-reciprocal trading arrangements.鈥
The Senate Budget Committee Feb. 12 advanced a budget resolution for fiscal year 2025 focusing on the border, military and energy by a vote of 11-10.
The National Institutes of Health (NIH) late Feb. 7 issued supplemental guidance that updates negotiated indirect cost rates for new and existing NIH grants. Specifically, the agency will apply a straight 15% indirect cost rate across all new and existing grant awards.
The White House Feb. 1 announced it placed tariffs on imported goods from Canada, Mexico and China.
The White House Office of Management and Budget Jan. 29 rescinded a memo it issued two days earlier directing federal agencies to temporarily pause federal grants, loans and other financial assistance programs implicated by President Trump鈥檚 recent executive orders. 
A report released Jan. 9 by Kaufman Hall highlights hospital and health system merger and acquisition activity from last year.  
The U.S. spent $4.9 trillion on health care in 2023 鈥 a 7.5% increase from 2022 鈥 the Centers for Medicare & Medicaid Services reported Dec. 18 in Health Affairs.
The Centers for Medicare & Medicaid Services estimates national health spending grew 7.5% in 2023, reflecting increases in insurance growth, the agency reported June 12 in Health Affairs.
The Committee for a Responsible Federal Budget is supposedly committed to being 鈥渁n authoritative voice for fiscal responsibility,鈥 which is why it鈥檚 so 鈥渄isappointing that they would propose something so irresponsible in a new report 鈥 repealing nonprofit hospitals鈥 tax exemption,鈥 writes AHA鈥
AHA Board Chair-elect Tina Freese Decker, CEO of Michigan-based Corewell Health, May 21 addressed more than 400 hospital and health system leaders and investors at the 2024 Not-for-Profit Health Care Investor Conference in New York City.