Finance & Budgeting

The White House and Speaker McCarthy May 27 announced the Fiscal Responsibility Act of 2023 (H.R. 3746), a deal to suspend the debt limit for nearly two years and make other policy changes
Hospitals appreciate the support and resources that Congress have provided throughout the COVID-19 pandemic; however, additional support is needed to keep hospitals strong so they can continue to provide care to patients and communities.
Anyone unfamiliar with the financial structure of not-for-profit hospitals and health systems may question why these organizations carry often significant financial reserves on their balance sheets. The answer is straightforward: with limited sources of funding, hospitals and health systems rely on…
Sens. Bob Casey, D-Pa., and Chuck Grassley, R-Iowa, have introduced the Rural Hospital Support Act (S.1110), AHA-supported legislation that would make permanent the Medicare-dependent Hospital program and enhanced low-volume Medicare adjustment for small rural prospective payment system hospitals.
In a blog published today, AHA refuted a number of suggestions that appeared in a recent Health Affairs column discussing what is behind the financial losses at large nonprofit hospitals.
Hospital operating margins dipped again in February to -1.1% and continue to remain negative, though with less month-to-month variation, according to the latest report on hospital finances from Kaufman Hall.
President Biden today submitted to Congress his budget request for fiscal year 2024. The budget includes discussion of certain health care policies, such as Medicare solvency, behavioral health, prescription drugs, workforce and pandemic preparedness.
Last year was the worst financial year for U.S. hospitals and health systems since the start of the COVID-19 pandemic, as growth in expenses outpaced growth in revenues and volumes, according to the latest report on hospital finances from Kaufman Hall. 
U.S. hospitals and health systems continued to experience negative operating margins through November 2022, Kaufman Hall reported.
$70 million is available for the Affordable Connectivity Program. About 15 million of an estimated 48 million eligible households are enrolled in the Affordable Connectivity Program. The Broadband Equity, Access, and Deployment (BEAD) Program is a rare opportunity for states to establish broadband…