Hospitals: Page 2


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    UHS could face hit from $535M judgment against subsidiary

    Damages could shrink on appeal and Universal Health Services has malpractice insurance to cover some costs, but the for-profit’s exposure from the case could still amount to hundreds of millions of dollars.

    By April 2, 2024
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    UCLA Health acquires California hospital from HCA

    The purchase of the 260-bed facility will help address inpatient capacity needs, UCLA said.

    By April 1, 2024
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    Trendline

    Social determinants of health

    The focus on social determinants of health has only increased as the COVID-19 pandemic has devastated the United States.

    By Healthcare Dive staff
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    LD via Getty Images
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    Novant’s proposed purchase of CHS hospitals ‘irreversibly’ harms competition, FTC says

    Antitrust regulators filed this week to block the deal, a move akin to trying to stop a “ball that’s already rolling downhill," one expert said.

    By March 29, 2024
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    Ascension to divest three hospitals in northern Michigan

    The nonprofit giant is working to improve its financials and focus on expanded ambulatory and telehealth offerings.

    By March 27, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Tracking Steward's decline

    Steward to sell physician group to UnitedHealth’s Optum Care

    The proposed deal could face regulatory scrutiny, Massachusetts officials say.

    By March 27, 2024
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    Healthcare companies expand perks to recruit talent: report

    The increase stands in contrast to other industries, which have cut back on extra offerings. 

    By March 27, 2024
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    erdikocak via Getty Images
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    Tax breaks exceed community care spending at large majority of nonprofit hospitals: report

    Nonprofits’ cumulative “fair share” deficit is enough to pay off the medical debt of everyone in California, Texas, New York and Pennsylvania combined, according to the Lown Institute.

    By March 26, 2024
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    Ascension will outsource Illinois hospitalist functions to PE-backed staffing firm

    Beginning June 1, the Catholic health system will cede responsibility of hospitalist functions to staffing firm SCP Health.

    By March 26, 2024
  • Mergers and acquisitions
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    Advocate offloads senior home care business to private equity firm

    The health system is selling Senior Helpers to Waud Capital Partners just three years after it acquired the home care group.

    By March 25, 2024
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    Change Healthcare cyberattack

    Hospital groups question HHS about data breach reporting after Change attack

    In a Thursday letter, the American Hospital Association urged the HHS’ Office for Civil Rights to reduce possible “duplicative” breach notifications from the Change cyberattack.

    By March 22, 2024
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    Hospitals could face revenue hit if insurers play hardball over MA: report

    Insurers could increase claims denials and engage in aggressive contract negotiations with hospitals as profitability in the popular plans declines.

    By March 21, 2024
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    Steward’s legal battles offer insight into pattern of mismanagement

    The health system has been hit with at least 35 lawsuits in the last year alleging issues ranging from unpaid bills and falsified checks to doctor kickback schemes.

    By March 20, 2024
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    Bon Secours Mercy Health names new CFO

    Travis Crum, currently senior vice president of finance, will assume the CFO role in the summer. He replaces Debbie Bloomfield, who is set to retire at the end of the year.

    By March 20, 2024
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    erdikocak via Getty Images
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    MedPAC’s physician pay recommendations insufficient, provider groups say

    The Medicare Advisory Payment Commission also suggests tying the rate of physician payment increases to the Medicare Economic Index — a move some industry groups support.

    By March 19, 2024
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    Change cyberattack could damage credit at small providers: Fitch

    Smaller companies may already have worse credit ratings and could struggle with cash flow disruptions caused by the outage.

    By March 19, 2024
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    Deep Dive // HIMSS24

    ‘As fast as possible but no faster than is safe’: Hospitals, tech companies confront AI governance

    Regulators seeking to erect guardrails around AI are facing a Sisyphean task, experts said at HIMSS. How do you oversee something that is constantly changing?

    By March 18, 2024
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    Change Healthcare cyberattack

    CMS releases Medicaid payment flexibilities during Change cyberattack

    The relief comes as 94% of hospitals reported financial impact from the outage, according to a survey from the American Hospital Association.

    By March 18, 2024
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    Q&A // HIMSS24

    Microsoft’s health VP takes on responsible AI

    David Rhew talks about Microsoft's new AI governance network and federal regulators’ plan to more actively oversee the technology.

    By March 18, 2024
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    Novant Health names new CFO

    The appointment will help fill out the North Carolina-based health system’s leadership team after its CFO and COO left last year.

    By March 15, 2024
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    Inexperienced clinicians pose the largest patient safety risk in 2024: report

    Challenges with health technology adoption and reductions in maternal services could also threaten patient safety this year, according to an ECRI study.

    By March 15, 2024
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    Rebecca Pifer/Healthcare Dive
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    Q&A // HIMSS24

    Salesforce’s pitch on healthcare AI

    The cloud-based software company announced a number of new AI tools in the lead up to the HIMSS conference. Healthcare is a “huge priority,” said Sean Kennedy, Salesforce’s global health strategy lead.

    By March 15, 2024
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    Mass General Brigham lays out multi-year plan to integrate flagship hospitals

    MGB will consolidate similar clinical departments at Mass General and Brigham and Women's.

    By March 14, 2024
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    HIMSS24

    Microsoft forms health AI governance network

    The tech giant is standing up the group with 16 health systems, two healthcare technology companies and zero AI development rivals.

    By March 12, 2024
  • Oracle Makes Hostile Bid For Rival Peoplesoft
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    HIMSS24

    Oracle to launch generative AI-backed clinical assistant within next quarter, exec says

    The tool, which automatically transcribes patient visits and suggests next steps for providers, is entering a cluttered market.

    By March 12, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    For-profit hospital operators bet on outpatient services, expense reductions in 2023

    While HCA Healthcare, Tenet Healthcare and Universal Health Services posted net gains by the end of the year, Community Health Systems reported losses.

    By March 12, 2024