Hospitals: Page 102
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Despite some headwinds, healthcare deal volume remains robust
The value of the deals was also on the rise: over 10% higher than the average of the preceding seven quarters, according to a new report from PwC.
By Ron Shinkman • July 26, 2019 -
Hospital groups propose overhaul to patient satisfaction survey
The questionnaire "has a great track record, but it has not been closely looked at in more than a decade," said Federation of American Hospitals President Chip Kahn, adding hospital care has evolved in that time.
By Shannon Muchmore • July 25, 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 -
Tenet to spin off revenue cycle management arm Conifer
The hospital operator first said it was mulling the sale of Conifer in December 2017 as part of a cost-reduction program. The deal is expected to be completed by the second quarter of 2021.
By Shannon Muchmore • July 24, 2019 -
CMS' Verma blasts 'Medicare for All,' public option in rhetoric ramp up
The remarks were unusually strong for the CMS leader. Though she has often beat the party drum on plans conservatives call a dangerous step toward socialism, the breadth and specifics of her critique expanded.
By Rebecca Pifer Parduhn • July 23, 2019 -
Nonprofit US generics company secures supplier in Hikma
The hospital-created group Civica Rx signed a deal for production of 14 sterile injectables, aiming to alleviate drug shortages.
By Jonathan Gardner • July 23, 2019 -
Medical practice groups saw better margins in 2018
Total profit per physician in independent practice associations rose to $2,510 per doctor last year, up from $2,396, according to AMGA Consulting's annual physician group survey.
By Ron Shinkman • July 19, 2019 -
Provider M&A revenue volume at highest levels since 2017
Health systems saw $11.3 billion in revenue from deal transactions during the period, the second highest on record, a Kaufman Hall report found. At the same time, the total number of deals fell.
By Rebecca Pifer Parduhn • July 18, 2019 -
Spending on primary care paltry, but some states ramping up
Increasing spending on primary care lowers emergency department visits and hospitalizations, according to the Patient Centered Primary Care Collaborative's 2019 Evidence Report, but America isn't funding it.
By Rebecca Pifer Parduhn • July 17, 2019 -
Care New England pulls out of merger discussions
CNE and Lifespan, Rhode Island's two largest healthcare systems, had been in talks with Brown University about creating a locally run academic medical center.
By Linda Wilson • July 17, 2019 -
Intermountain starts new company to spur shift toward value
The effort will be led by Rajesh Shrestha, Intermountain vice president and chief operating officer of community based care.
By Shannon Muchmore • July 16, 2019 -
Opinion
An important first step toward eliminating the transplant waitlist
Global Liver Institute president and CEO Donna Cryer discusses how the U.S. liver transplant system has failed patients — and how President Donald Trump's ambitious new renal care plan could help.
By Donna Cryer • July 15, 2019 -
Participation in APMs, MIPS climbed significantly in 2018
Many physicians have rejected the programs, saying they contain too many rules and rely too much on expensive investments in EHRs.
By Ron Shinkman • July 15, 2019 -
CMS to delay star ratings update pending expert panel review
The agency will convene an expert panel to look at the star ratings system, which is deeply unpopular with providers, and decide whether it's due for a facelift.
By Rebecca Pifer Parduhn • July 12, 2019 -
Health sector in better place to weather recession than in 2008, analysis finds
Providers would have less exposure to uncompensated care because of expanded Medicaid and ACA subsidies, according to McKinsey. Still, the report projects an earnings hit between 5%-20% for payers and 5%-30% for providers.
By Linda Wilson • July 11, 2019 -
Beaumont, Summa sign letter of intent to merge
A Beaumont spokesman said the organizations will buy out Mercy Health's minority stake in Summa, but exact terms of the deal are not being disclosed. It is expected to be finalized by the end of this year.
By Shannon Muchmore • July 10, 2019 -
Amazon momentum in medical supply chain slows, poll finds
A UBS survey of hospital purchasing managers found providers are allocating a smaller percentage of such purchases to the retail giant this year.
By Rebecca Pifer Parduhn • July 9, 2019 -
Healthcare Dive's 10 biggest stories of the spring
From Amazon pushing into the prescription delivery sector to CVS-Aetna struggling to finalize their merger settlement agreement, read the top stories from the first half of the year.
By Rebecca Pifer Parduhn • July 8, 2019 -
Doctors significantly over-allocated times to perform joint replacements, study shows
Time periods estimated to perform medical procedures, known as relative value units, are crucial for determining how much surgeons and other doctors are paid for their work under the Medicare Physician Fee Schedule.
By Ron Shinkman • July 3, 2019 -
Hospital margins improved in May on increased patient volumes
However, hospitals with 300 to 499 beds experienced declining margins year over year despite the uptick in volumes. The latest Kaufman Hall report blames higher non-labor expenses for the cohort.
By Samantha Liss • July 2, 2019 -
EHR messaging, workflow can be redesigned to address burnout, study suggests
Doctors who reported a higher average of EHR-generated messages had a greater likelihood of burnout and said more often they wanted to cut their clinical work hours, according to new research in Health Affairs.
By Ron Shinkman • July 1, 2019 -
Drug shortages add millions to hospital costs, survey finds
All 365 hospitals responding to the survey reported shortages, and two-thirds experienced at least 20 shortages for the six-month period ending last year.
By Fran Kritz • June 28, 2019 -
Sanford, UnityPoint ink letter of intent to create $11B system
The combined company would rank among the 15 largest nonprofit systems in the U.S., creating an integrated health system spanning the Midwest and the Upper Great Plains.
By Rebecca Pifer Parduhn • June 28, 2019 -
Hospital groups argue CMS wage index proposal flawed
Providers generally approve of the attempt to prop up rural hospitals with a change to the wage index but most don't agree with the redistribution method the agency suggested earlier this year.
By Shannon Muchmore • June 27, 2019 -
U.S. News updates best hospitals methodology for specialty rankings
The magazine got little pushback from hospitals on including HCAHPS measures in the rankings methodology, Ben Harder, chief of health analysis, told Healthcare Dive.
By Shannon Muchmore • June 26, 2019 -
Left-leaning think tank highlights 'high price of hospital care'
Acute care hospitals had total margins of nearly 8% in 2016, the highest in more than a decade and above profits for pharmacies, payers and pharmacy benefit managers, according to the Center for American Progress.
By Shannon Muchmore • June 26, 2019