Hospitals: Page 114
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NYP reports lower net income, higher expenses in H1
The New York City-based nonprofit health system's flagship hospital has been ranked No. 1 in the metro area by the U.S. News and World Report for 18 consecutive years.
By Les Masterson • Sept. 4, 2018 -
Cleveland Clinic's operating income plummets 80% in Q2
The picture of strong revenues and declining operating income is being seen across the industry as hospitals juggle smaller inpatient volumes and lower reimbursement with rising labor and operating costs.
By Meg Bryant • Aug. 31, 2018 -
Explore the Trendline➔
Yujin Kim/Healthcare DiveTrendlinePayer/provider relationships
As M&A intensifies and companies embrace more holistic and value-based care models, partnerships have become more closely intertwined.
By Healthcare Dive staff -
Outsourcing RCM has pros, cons compared to in-house systems, report finds
Hospitals that farm out their revenue cycle management have a better collection rate, but wait longer to see the money than those that handle billing at least partly on their own, according to a paper from Crowe.
By Meg Bryant • Aug. 31, 2018 -
CMMI director says agency won't force all providers to assume risk
Adam Boehler said, however, that CMS wants to "create that avenue" for any practices interested in taking on more risk.
By Rebecca Pifer • Aug. 31, 2018 -
RAND suggests personalized hospital comparison tool
The new method lets people choose the most important data to them, including mortality, readmissions, patient experience and efficient use of medical imaging.
By Les Masterson • Aug. 31, 2018 -
CMS looks to develop consumer comparative pricing portal
The agency has been pressing hospitals to be more transparent about the costs of procedures and services.
By Meg Bryant • Aug. 30, 2018 -
Nonprofit hospitals 'on an unsustainable path,' Moody's says
The ratings agency said nonprofits are continuing to outspend their revenues and the gap is widening.
By Les Masterson • Aug. 30, 2018 -
Deep Dive
Blockchain in healthcare: Huge promise, but largely unproven
"What blockchain has been able to do is create markets where a market didn't previously exist," says Noah Zimmerman, director of Mount Sinai's Center for Biomedical Blockchain Research.
By Meg Bryant • Aug. 30, 2018 -
Banner Health net income slides 33% despite strong revenues
The Phoenix-based nonprofit health system benefited from increased patient revenues and insurance plan premiums in the first half of this year.
By Meg Bryant • Aug. 30, 2018 -
Report offers framework for assessing EHR usability, safety
The voluntary roadmap includes criteria examples for developers and providers to use in testing EHR products at each lifecycle stage.
By Meg Bryant • Aug. 29, 2018 -
Hundreds of groups raise concerns about E/M payment proposal
They support efforts to cut provider administrative burden in the 2019 Physician Payment Rule but question its consolidation of office billing codes.
By Les Masterson • Aug. 29, 2018 -
Nixing discharges to long-term care hospitals could save Medicare $4.6B, study finds
Long-term care hospitals are reimbursed at substantially higher rates than other post-acute care arrangements.
By Meg Bryant • Aug. 28, 2018 -
New hospital ranking looks at customer loyalty
Though hospitals in competitive urban settings boasted more leading facilities, brand-successful hospitals were found across the U.S., indicating that competition may not be limited geographically in the future.
By Rebecca Pifer • Aug. 27, 2018 -
Hospitals see labor costs rising amid ongoing doctor, nurse shortages
More than a third of hospital CFOs said the physician shortfall is worse now than this time last year.
By Meg Bryant • Aug. 24, 2018 -
Kaiser posts nearly $40B in revenue for H1, but net income drops 21%
Kaiser invested $26 million on capital projects, including opening new facilities and upgrading existing ones, and launched a $200 million project aimed at reducing homelessness.
By Meg Bryant • Aug. 24, 2018 -
Physician referral issues causing more out-of-network care
Slightly more than half of doctors surveyed said they always know whether their patient referral is appropriate.
By Les Masterson • Aug. 23, 2018 -
Mobile phones, smartphone apps could help boost patient matching, RAND report finds
There's "no magic bullet" for incentivizing patients to improve record matching, according to lead author Robert Rudin.
By Meg Bryant • Aug. 22, 2018 -
Mayo reports higher Q2 revenue, lower operating income
The Rochester, Minnesota-based nonprofit health system, named top hospital for the third year in a row by U.S. News & World Report, has several projects in the works management expects to boost results.
By Tony Abraham • Aug. 22, 2018 -
Nearly 20% of US hospitals weak or at risk of closing, analysis finds
Key risk factors including low capital expenditures, more capacity in a 10-mile radius and for-profit versus nonprofit status, the Morgan Stanley report said.
By Rebecca Pifer • Aug. 22, 2018 -
Healthcare execs see Amazon as biggest disrupter
Apple and Google were among those also feared, though Amazon held a giant lead in the survey, according to a report from Reaction Data.
By Meg Bryant • Aug. 22, 2018 -
Tenet exits UK market with sale of Aspen Healthcare to UAE hospital chain
The deal comes as Tenet seeks to pare down more than $14 billion in long-term debt.
By Meg Bryant • Aug. 21, 2018 -
UPMC extends revenue boom in H1
Results are the latest in a streak of positive reports for the integrated health system. Executive Vice President Leslie Davis said the Pittsburgh-based company is "running out of room in Pennsylvania."
By Tony Abraham • Aug. 21, 2018 -
Target hospitals see limited benefits from M&A, report finds
Evidence is mixed, however, on how much acquiring hospitals can save after a deal, according to the National Bureau of Economic Research analysis.
By Rebecca Pifer • Aug. 21, 2018 -
Doctors often fail to list conflicts in device studies, JAMA report finds
Doctors got the highest payouts from Medtronic (more than $187.4 million), followed by Stryker and Intuitive Surgical, according to the JAMA analysis.
By Susan Kelly • Aug. 20, 2018 -
Deep Dive
Rural hospitals in dire need of regulatory relief
"Reducing some of the costly regulatory challenges we face would help staunch the bloodletting," said Leslie Marsh, CEO of Lexington Regional Health Center.
By Meg Bryant • Aug. 17, 2018