In the wake of sweeping healthcare reform and shifting priorities throughout the industry, nonprofit hospitals can expect to see new trends in 2014, according to the Nonprofit Quarterly.
Health insurance exchanges could negatively affect nonprofit hospitals next year, Moody's Investors Services said in a new report.
The CEO of Carolinas HealthCare System complained Tuesday of "potentially devastating" budget cuts under consideration by the North Carolina legislature, arguing that lawmakers should not "correct their budget on the back of hospitals," the Charlotte Observer reported.
Information acquired from Duke University Hospital, Carolinas Medical Center and UNC Hospitals suggests the hospitals are profiting from the discount drug program designed to aid poor and uninsured patients, the Charlotte Observer reported.
The top 10 executives at Carolinas HealthCare System each received more than $1 million in 2012, an 8 percent jump from the previous year.
The board of California's El Camino Hospital has filed a lawsuit in opposition of Measure M, which will cap hospital executive pay at twice that of the governor's salary.
As they fulfill their charitable mission, nonprofit hospitals and health systems continue to dole out seven-figure compensation packages to their chief executives.
The controversy surrounding whether nonprofits deserve their tax-exempt status continues with a new lawsuit, claiming Chicago's Swedish Covenant Hospital sidestepped charity care regulations.
Following reports that hospitals were marking cancer drugs upward of 10 times their value, Sen. Chuck Grassley (R-Iowa) is questioning three North Carolina nonprofit hospitals about drug price discounts they receive, the News Observer reported.
Not-for-profit hospitals in California could get new regulations to qualify for tax exemptions after reports released last month questioned whether the nonprofits provide enough charity care to justify their tax-exempt status.