The Latest

  • Cleveland Clinic losses top $1.5B amid inflation pressures

    Hospital operators are continuing to report rising losses in a tricky operating environment, with staffing shortages and high labor costs pressuring finances.

  • A surgeon stands in a hospital room bending over a small table of medical instruments
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    Mario Tama via Getty Images

    Hospitals to end year with negative margins, Kaufman Hall reports

    Systems face continued staffing shortages and fewer discharges amid increased expenses, according to Kaufman Hall’s report.

  • The MetroHealth Glick Center in downtown Cleveland at sunset
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    Courtesy of MetroHealth

    Ousted MetroHealth CEO, facing embezzlement allegations, sues hospital over termination

    Akram Boutros’ lawsuit alleges that MetroHealth’s board members were participating in secret deliberations outside of public meetings, violating the law during the hiring process for incoming CEO Airica Steed.

  • Ambulance driving in Las Vegas, Nevada, on March 30, 2020.
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    Ethan Miller / Staff via Getty Images

    UnitedHealth Group projects up to $360B in 2023 revenue, buoyed by Optum growth

    The projected revenue growth comes after the Department of Justice announced this month it would appeal a federal judge’s decision that allowed UnitedHealth’s $13 billion purchase of Change Healthcare to close.

  • Two emergency room nurses wheel a patient on a gurney through a hospital hallway.
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    Brandon Bell via Getty Images

    CMS warns hospitals must protect staff, patients from violence

    Hospitals must effectively mitigate risks to ensure patients and staff are safe as part of their Medicare certification, the agency said in a Monday memo, noting that some facilities have received citations for failing to do so.

  • Stanford nurses walked off the job April 25 in a bid for better staffing and other measures in new contracts.
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    Retrieved from Committee for Recognition of Nursing Achievement on April 26, 2022
    Tracker

    Strikes among healthcare workers in 2022

    Over 15,000 nurses in Minnesota voted in favor of authorizing another strike. They plan to walk off the job Dec. 11 through Dec. 31 at most hospitals, and at some facilities nurses have chosen to strike with no set end date.

    Updated Dec. 2, 2022
  • The front opening to Advocate Aurora Healthcare's Two Rivers, Wisconsin, hospital.
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    Asher Heimermann. Retrieved from Wikimedia Commons.

    Advocate Aurora plans to hike rates at Wisconsin locations

    The Midwest hospital system said the increases are necessary to offset continued market and industry challenges compounded by inflation, inadequate reimbursement rates and ripple effects from the COVID-19 pandemic.

  • A 3D illustration showing amyloid plaques in brain tissue
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    Dr_Microbe via Getty Images

    What to make of Eisai and Biogen’s latest Alzheimer’s drug data

    At a medical conference, the companies detailed clinical trial results that could help support approval of their drug lecanemab. However, some doctors aren’t convinced the medicine’s risks are worth its potential benefits.

  • Amwell physician conducts visit with patient
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    Courtesy of Amwell

    Amwell in talks to acquire Talkspace: report

    The reported $200 million transaction reflects Talkspace's declining value since the therapy company went public last summer at a $1.4 billion valuation.

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    Adobe Stock

    HHS proposed rule targets substance use stigma

    The American Hospital Association backed the new rule, saying it would improve the exchange of patient records in the treatment of substance use disorders.

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    David Paul Morris via Getty Images

    Google Health inks first licensing agreement for mammography AI tech

    Under the agreement, medtech company iCAD will work to validate and incorporate Google’s mammography AI — which Google has been building and testing for several years — into its products for use in clinical practices.

  • A gavel and a stethoscope sit on a blue background.
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    DNY59 via Getty Images

    Cerebral sues ousted CEO over unpaid $50M loan

    Cerebral alleges the company loaned Kyle Robertson $49.8 million in January so he could purchase more than 1 million shares in Cerebral.

  • Close-up Portrait of Software Engineer Working on Computer, Line of Code Reflecting in Glasses.
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    gorodenkoff via Getty Images
    Opinion

    How to address healthcare’s unique cybersecurity challenges

    Although the U.S. is entering a post-COVID era, many factors straining the healthcare industry will continue and more risk factors will kick in, argues Syed Kaptan of cybersecurity intelligence company ThreatQuotient.

  • A picture from chest-up of Bernie Sanders speaking to reporters. The top of the US capitol building is visible behind him.
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    Anna Moneymaker/Getty Images via Getty Images

    Bernie Sanders poised to lead Senate health committee

    The longtime proponent of universal healthcare is set to become chair of the Health, Education, Labor and Pensions Committee. Sen. Bill Cassidy, R-La., is in line to be the committee’s ranking member.

  • A digital padlock icon on a virtual interface screen
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    KanawatTH via Getty Images
    Q&A

    How digital and information officers are shaking up health systems

    Healthcare Dive caught up with Providence’s Sara Vaezy and Intermountain’s Craig Richardville just months into their tenure to discuss the challenges and opportunities ahead as patients have come to expect more digital access.

  • A picture of the street sign stating "Wall Street." American flags drape over a nearby building
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    Kena Betancur via Getty Images
    Deep Dive

    Health tech companies weigh options to stem cash burn as IPO market sags

    Healthcare technology companies are delaying initial share sales as public market stocks and valuations plunge across the sector. Where will they turn in the meantime?

  • A rendering of an empty hospital corridor with a reception desk.
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    Ninoon via Getty Images

    AdventHealth claims victory in fight for new hospital in North Carolina

    The Florida-based health system elbowed out two competitors to build a hospital for residents around the Asheville area.

  • Two men shake hands at the end of a long hallway
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    Sam Edwards via Getty Images

    Centene continues to sell ancillary business units

    The sale of Magellan Specialty Health is the latest divestiture in Centene’s plan to sell non-core assets as part of a long-term strategy to improve the company’s profit margin.  

  • The MetroHealth Glick Center in downtown Cleveland at sunset
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    Courtesy of MetroHealth

    MetroHealth fires CEO Akram Boutros over almost $2M in unreported bonuses

    Boutros has denied all allegations of embezzlement. His lawyer said his firing was “the latest of a series of retaliatory acts” against Boutros after he raised concerns over the “unauthorized hiring of the new CEO.”

  • Closeup shot of two unrecognisable businesspeople shaking hands in an office
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    Delmaine Donson via Getty Images

    Midwest health systems on track to merge

    At a time when the pace of healthcare mergers has slowed, Bellin Health and Gundersen Health System are forming a system of 11 hospitals.

  • a picture of a red stethoscope on top of a US billed money.
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    Adeline Kon/Healthcare Dive/Healthcare Dive

    Lawmakers object to latest surprise billing rule, call for changes

    House Ways and Means Committee leaders “are severely disappointed to find that the August 2022 final rule violates the No Surprises Act in the same ways as before,” they wrote in a letter to regulators last week.

  • A man checks his phone in an Apple retail store in Grand Central Terminal in New York City.
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    Drew Angerer/Getty via Getty Images
    Overturning of Roe v. Wade

    State AGs urge Apple to protect consumers’ reproductive health data

    Apps holding sensitive health data should be required to delete nonessential information and clearly inform consumers what information they share with parties such as law enforcement, the 10 state attorneys general said.

  • Panelists onstage at HLTH22.
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    Rebecca Pifer/Healthcare Dive
    HLTH22

    ‘Not in la la land’: As digital health funding ebbs, VCs urge startups to be conservative

    The explosion of funding during the pandemic was a good thing, but the ongoing market correction is a good thing too as only the best business models will survive, prominent investors argued at HLTH.

  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

    Intermountain ekes out slim profit, weighed down by supply, labor costs

    The Salt Lake City-based system, which merged earlier this year with Colorado-based SCL Health, said labor expenses are up 45% from a year ago.

  • A rendering of Providence's expansion in southern California.
    Image attribution tooltip
    Permission granted by Providence

    Providence closes 27 retail clinics in Southern California

    The healthcare system said the clinics were losing money as they attracted fewer patients. Labor shortages, inflation and an increasingly competitive retail health industry are also to blame.