Hospitals: Page 101
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Mayo Clinic profits almost triple in the quarter to $500M
The Rochester, Minnesota-based health system had revenue of $3.4 billion in the second quarter of the year, up almost 10% year-over-year due to growth in several markets including Rochester, Phoenix and Jacksonville.
By Rebecca Pifer Parduhn • Aug. 26, 2019 -
Advocate Aurora posts bump in expenses tied to early retirement incentives
The system has shifted focus to more lucrative outpatient visits in an attempt to recoup volume, a strategy that seems to be paying off with the increase in patient revenue.
By Rebecca Pifer Parduhn • Aug. 23, 2019 -
Explore the Trendline➔
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TrendlineProvider burnout
Hospitals are still struggling with provider burnout, after the COVID-19 pandemic exacerbated underlying staffing issues and prompted workers to quit their jobs.
By Healthcare Dive staff -
$190 or $47,779? Colorado emergency charges vary wildly across state
But the entire cost of care is likely higher, as the Center for Improving Value in Health Care only looked at direct reimbursement from commercial payers.
By Rebecca Pifer Parduhn • Aug. 19, 2019 -
Ranking groups that rank hospitals — U.S. News comes out on top
Researchers attempted to rate the raters of hospital performance, but those organizations had fiery comments about the report that some said had "serious errors."
By Samantha Liss • Aug. 15, 2019 -
EHRs linked with smartphones spur patient interest, study shows
Though health systems and IT vendors are doing little to market their efforts to improve health record access, researchers found more patients are viewing their info through APIs.
By Shannon Muchmore • Aug. 15, 2019 -
Hospitals bash immigration rule likely to push millions off Medicaid
The American Hospital Association called the policy aimed at legal immigrants "misguided and harmful" and said it creates barriers to care.
By Shannon Muchmore • Updated Aug. 14, 2019 -
Surprise bills surge in ER, inpatient settings, JAMA finds
The study comes as lawmakers prepare to debate legislation tackling the problem, including a Senate bill that sets a payment standard for out-of-network services. Providers are pushing back.
By Shannon Muchmore • Aug. 12, 2019 -
Kaiser Permanente net income soars to $2B
The integrated health system said the first half of the year typically delivers stronger results due to open enrollment.
By Samantha Liss • Aug. 12, 2019 -
Courtesy of Gilead Sciences
Medicare boosts CAR-T cancer therapies with expanded coverage
CMS also broadened the settings in which the pricey therapies would be covered, applying its final rule to use in "healthcare facilities" rather than explicitly in hospitals.
By Ned Pagliarulo • Aug. 8, 2019 -
Primary care, younger docs more likely to report burnout
Only a quarter of survey respondents said their work sites effectively address the challenge, citing initiatives to improve workflow and reduce administrative burden, provide flexible scheduling and support wellness.
By Shannon Muchmore • Aug. 8, 2019 -
California surprise billing law disrupted contract negotiations, stakeholders say
The 2017 law was also perceived to have driven further provider consolidation in response to the leverage shift, according to research published in The American Journal of Managed Care.
By Shannon Muchmore • Aug. 7, 2019 -
Few patients price shop before planned hospital visit, survey finds
As CMS and lawmakers push for price transparency, the survey from a revenue cycle management software vendor suggests consumers may not know how to evaluate different options based on price, or even be aware that prices vary.
By Linda Wilson • Aug. 7, 2019 -
Adeline Kon/Healthcare Dive
ColumnMyth Diagnosis: Do hospitals charge more to make up for low government pay?
"What is crystal clear is that there's a huge unit cost payment differential between government and commercial payers," John Pickering of Milliman said. "What isn't clear is whether there's a causal effect between those two."
By Shannon Muchmore • Aug. 7, 2019 -
Getty / Edited by Healthcare Dive
Admissions growth boosts Tenet Q2 beat
Same-hospital adjusted admissions were up 2.2%, which the hospital chain said represented its strongest volume growth since 2014-15.
By Shannon Muchmore • Updated Aug. 6, 2019 -
Getty / Edited by Healthcare Dive
CHS posts bigger Q2 net loss, but still beats Wall Street forecasts
As part of its ongoing divestiture strategy, CHS has entered into definitive agreements to sell three additional hospitals and is continuing to look for potential buyers.
By Rebecca Pifer Parduhn • Updated Aug. 6, 2019 -
Opinion
How smart homes are becoming the self-care hubs of tomorrow
Progress in virtual reality, patient monitoring and other futuristic tech make it more likely the initial site of primary care and wellness will be the home, argues the vice president of R&D Innovation at pharma giant GlaxoSmithKline.
By Ian Marks • Aug. 5, 2019 -
Hospitals hit bump, but healthcare jobs showed steady growth in July
Virtually all the healthcare job growth occurred in ambulatory care. The segment accounted for 29,000 new jobs alone.
By Ron Shinkman • Aug. 5, 2019 -
CMS tweaks hospital wage index change in final rule
The agency is heeding some concerns from hospital groups that facilities in urban areas would be unfairly dinged in the original plan, but the American Hospital Association isn't entirely on board with the new method either.
By Shannon Muchmore • Aug. 2, 2019 -
FCC revamps telecomm program for rural healthcare providers
The agency simplified how funding is distributed to favor providers if the area they serve is particularly rural or medically underserved.
By Ron Shinkman • Aug. 2, 2019 -
Getty / Edited by Healthcare Dive
HCA falls short in Q2, unconcerned on CMS price transparency push
Executives at the major hospital chain don't expect the government's plan to reveal negotiated rates will affect financial performance moving into the second half of the year and beyond.
By Rebecca Pifer Parduhn • July 30, 2019 -
CMS proposes forcing hospitals to reveal negotiated rates
Insurer and hospital groups swiftly pushed back against a mandate to publish payer-specific rates for at least 300 services that patients can plan in advance. A legal challenge is likely.
By Samantha Liss • July 30, 2019 -
Mayo Clinic nabs top spot (again) in U.S. News best hospital rankings
The publication updated its methodology this year, adding a measure on the likelihood a patient would be discharged home and an assessment of patient experience.
By Linda Wilson • July 30, 2019 -
Q&A
Intermountain spinoff Castell CEO: Providers need nudge en route to value-based care
Rajesh Shrestha spoke to Healthcare Dive about the newly created company, how it might generate revenue and potential partners.
By Shannon Muchmore • July 29, 2019 -
Hospital profitability down as operators lack flexibility to cut costs, Kaufman Hall says
A drop in June marked the first decline this year. Operating margins were down 1.88%, according to a report from Kaufman Hall.
By Shannon Muchmore • July 29, 2019 -
UHS to pay $127M in DOJ settlement, says criminal probe closed
The hospital chain has been saving money to pay the feds, with a reserve reaching $134 million as of June 30.
By Samantha Liss • July 26, 2019
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