Hospitals


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    Courtesy of UnitedHealth Group
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    Change Healthcare cyberattack having ‘far-reaching’ effects on providers

    Providers said the outage at the UnitedHealth-owned technology company has affected billing, eligibility checks, prior authorization requests and prescription fulfillment.

    By , March 1, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Cleveland Clinic posts $911M net income in 2023 on investment, volume growth

    The health system is the latest to report a financial turnaround compared to 2022, which analysts called the worst operational year on record for nonprofit hospitals.

    By March 1, 2024
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    9dreamstudio via Getty Images
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    Trendline

    Surprise Billing

    Federal legislation banning surprise bills has hit a barrage of roadblocks, complicating efforts to protect consumers from unexpected out-of-network charges.

    By Healthcare Dive staff
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Mayo Clinic boosted operating income by 82% in 2023

    Investment returns and outpatient services revenue drove results.

    By Feb. 29, 2024
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    Tenet to sell two California hospitals to Adventist for $550M

    The latest divestiture comes as the Dallas-based for-profit has sold other hospitals to reduce its debt load.

    By Feb. 29, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Northwell Health, Nuvance Health to merge

    The proposed deal would create a 28-hospital system in New York and Connecticut. 

    By Feb. 29, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    UHS eyes 2024 growth but ‘cautious’ amid persistent cost pressures

    The Pennsylvania-based hospital operator grew revenue 7% in 2023 despite operational challenges, including high labor costs and strained payer relations. 

    By Feb. 28, 2024
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    Jirapong Manustrong
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    Nurse leaders say the job is a ‘no-win’ role

    Burnout and turnover remain high among overwhelmed and under-resourced nurse leaders, according to a study from AMN Healthcare.

    By Feb. 28, 2024
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    Natalie Meepian via Getty Images
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    Catholic health system taps CommonSpirit executive as next CEO

    E.J. Kuiper will replace Richard Vath as chief executive of Franciscan Missionaries of Our Lady Health System effective May 1.

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

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    Trinity Health cuts operating losses by 85% in first half of 2024

    Revenue from acquisitions and outpatient services helped the Catholic health system trim losses.

    By Feb. 26, 2024
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    Avosb via Getty Images
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    CHS hit with Justice Department investigation

    Federal regulators are seeking information about the for-profit hospital operator's inpatient admissions and dialysis processes and procedures.

    By Updated Feb. 23, 2024
  • Concept Burnout Syndrome. Business Woman feels uncomfortable working. Which is caused by stress, accumulated from unsuccessful work And less resting body. Consult a specialist psychiatrist
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    Jirapong Manustrong
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    Women in healthcare report higher levels of burnout than male colleagues, study finds

    A lack of autonomy and gender inequity at work are correlated with women’s burnout, according to the new research.

    By Feb. 22, 2024
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    Brandon Bell via Getty Images
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    Steward Health Care gets ultimatum from Massachusetts governor

    Gov. Maura Healey sent a letter to Steward executives this week saying the operator must produce financial documents and consider a sale of its properties in the state.

    By Feb. 21, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    CHS’ income falls in the fourth quarter as costs continue to climb

    The Franklin, Tennessee-based hospital operator’s net income dropped nearly 90% year over year in the quarter.

    By Feb. 21, 2024
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    Alex Wong via Getty Images
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    CMS finalizes rule to cut Medicaid DSH payments for some hospitals

    Under the new definition, hospitals can only receive disproportionate share hospital Medicaid reimbursements for beneficiaries who are primarily insured by the safety-net program.

    By Updated Feb. 22, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Ascension posts $231M in quarterly operating income as labor costs come down

    The Catholic health system attributed its results to increased patient volumes and successful cost-cutting initiatives. 

    By Feb. 20, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Mass General Brigham’s investment income boosted Q1 earnings

    But operating expenses — including increases in supply and wage costs — continued to pressure the nonprofit.

    By Feb. 20, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    CommonSpirit trims operating losses in second quarter

    The nonprofit improved net income but was still dogged by rising expenses in the quarter.

    By Feb. 16, 2024
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    Leon Neal / Staff via Getty Images
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    What’s going on at Steward Health Care?

    The physician-led healthcare network formed to save hospitals from financial distress. Now, hospitals in its own portfolio need bailing out after years of alleged mismanagement. 

    By Feb. 15, 2024
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    HCA updates C-suite reporting structure

    The Nashville-based for-profit adjusted its strategy for senior executives as it attempts to gain a 29% market share in healthcare services by 2030.

    By Feb. 14, 2024
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    Stock via Getty Images
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    Humana sued over alleged 340B underpayments in Medicare Advantage

    Alabama-based Baptist Health argued the insurer had received a “windfall” due to illegal payment cuts in the 340B drug discount program.

    By Feb. 13, 2024
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    Washington state bill seeks to regulate hospital mergers, care access

    The Washington state Senate advanced legislation Thursday that grants the state attorney authority to deny mergers that may limit healthcare access.

    By Feb. 13, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Kaiser reports $4.1B net gain in 2023 on improved investments

    The nonprofit’s financial rebound followed a difficult 2022 in which the operator reported a $4.5 billion net loss.

    By Feb. 12, 2024
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    Avosb via Getty Images
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    Lawsuit accuses Advocate Aurora of charging ‘eye-watering’ prices

    The lawsuit accuses the health system of using acquisitions, noncompetes and gag clauses to create a monopoly and increase prices.

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

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    Tenet says its upcoming ‘new era’ will be fueled by ambulatory surgeries

    The Dallas-based provider also reported fourth quarter earnings on Thursday that beat Wall Street’s expectations for revenue.

    By Feb. 8, 2024
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    Gerenme via Getty Images
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    AHA calls for more payer oversight in No Surprises dispute resolution

    In comments on a proposed rule, the American Hospital Association argued regulators haven’t fully addressed how they’ll handle oversight for some situations, like when an insurer fails to pay after a dispute determination.

    By Feb. 7, 2024