Hospitals: Page
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Illustration: Xavier Lalanne-Tauzia for Industry Dive
CHS is gearing up to play offense again in hospital M&A game, CFO says
The Franklin, Tennessee-based operator has not purchased a hospital in years. That may soon change as CHS' margins improve.
By Susanna Vogel • Nov. 15, 2024 -
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Tenet CEO looks ahead to second Trump term
Saum Sutaria doesn't think the ACA marketplace is going anywhere under President-elect Donald Trump, noting beneficiaries are an “important part of the electorate” for the incoming administration.
By Susanna Vogel • Nov. 13, 2024 -
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TrendlineSurprise 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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J&J sues federal government for halting 340B rebate plan
The New Jersey-based drugmaker is trying to get the courts’ backing to pay hospitals rebates for two drugs in the 340B drug discount program, instead of offering upfront discounts.
By Rebecca Pifer Parduhn • Nov. 13, 2024 -
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High labor expenses still challenging providers: report
Medical groups' median investment in each employed physician surpassed $300,000 for the first time ever in the third quarter, according to Kaufman Hall.
By Emily Olsen • Nov. 13, 2024 -
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Pharmacy costs, high utilization drive Kaiser to $608M operating loss in Q3
Kaiser said it would institute cost-cutting measures in response to the lackluster financial results, but didn’t detail specifics.
By Susanna Vogel • Nov. 12, 2024 -
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Many hospitals still aren’t complying with price transparency rule: OIG
In a sample of 100 hospitals, 34 didn’t meet requirements for publishing machine-readable files of their charges while 14 didn’t follow rules to post shoppable services.
By Emily Olsen • Nov. 12, 2024 -
Courtesy of Summa Health
General Catalyst’s HATCo to acquire Summa Health for $485M
The deal, along with the Ohio-based health system’s current cash, would eliminate nearly all of Summa’s debt.
By Emily Olsen • Nov. 11, 2024 -
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CHS to sell Mississippi hospital
Community Health Systems aims to net $1 billion or more in total proceeds from hospital sales.
By Susanna Vogel • Nov. 11, 2024 -
Retrieved from Gustavo Fring from Pexels.
Ascension Michigan settles multiyear dispute about employee vaccination policy
The health system will offer up to five weeks of back pay to staff that were denied religious exemptions for COVID-19 vaccine mandates.
By Susanna Vogel • Nov. 7, 2024 -
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How the healthcare industry is reacting to a second Trump term
Donald Trump’s first term as president was characterized by significant turbulence for government healthcare programs. Here’s how some of the most influential industry groups responded to the Republican’s reelection.
By Rebecca Pifer Parduhn • Nov. 7, 2024 -
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MACPAC calls for greater transparency amid steep rise in Medicaid directed payments
Dramatic growth in an opaque Medicaid funding mechanism is exacerbating concerns about the program’s fiscal integrity — while spurring financial gains for the hospital industry.
By Rebecca Pifer Parduhn • Nov. 5, 2024 -
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Novant Health closes UCI Medical Affiliates acquisition
The deal includes more than 70 urgent care and physical therapy clinics, which Novant said would complement its portfolio in South Carolina.
By Emily Olsen • Nov. 5, 2024 -
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Surprise BillingFederal government notches rare win in surprise billing lawsuit
Last week, the 5th Circuit Court of Appeals sided with the federal government’s original interpretation of the No Surprises Act in determining how a key metric in billing disputes is calculated.
By Sydney Halleman • Nov. 5, 2024 -
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Physicians, hospitals decry 2025 Medicare payment rates
Physicians will see their Medicare reimbursement fall 2.9% next year if Congress doesn’t stop the cuts. Meanwhile, reimbursement for hospital outpatient departments is rising 2.9%.
By Rebecca Pifer Parduhn • Nov. 4, 2024 -
Retrieved from Crozer Health.
Pennsylvania attorney general sues Prospect Medical alleging ‘corporate greed’
The lawsuit argues Prospect broke the terms of its agreement to purchase Pennsylvania system Crozer Health and seeks to stop the hospital operator from closing more facilities.
By Susanna Vogel • Oct. 31, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Demand for services boosts Tenet’s third-quarter revenue to $5.1B
Despite beating estimates for revenue, the health system lowered the upper end of its full year revenue outlook. Analysts said the revision was due in part to the sale of some hospitals.
By Susanna Vogel • Oct. 29, 2024 -
Courtesy of HCA Healthcare
HCA logs $50M hurricane hit in Q3, expects greater loss in Q4
The for-profit giant affirmed its full-year revenue guidance, but executives said the ongoing impact of the storms would likely cause the operator to come in “on the lower half” of its range.
By Susanna Vogel • Oct. 29, 2024 -
Emily Olsen/Healthcare Dive
Deep Dive // HLTH24AI could be a game changer, but healthcare needs to be ‘exceedingly careful’
Artificial intelligence tools could help solve workforce challenges. Implementation, however, can be difficult, pushing organizations to consider less risky administrative and back-office tasks first.
By Emily Olsen • Oct. 28, 2024 -
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Providence, Compassus to form joint venture offering home health care
Home health is already a lucrative market, and Providence expects demand for services to only grow as patients age, according to CFO Greg Hoffman.
By Susanna Vogel • Oct. 25, 2024 -
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HLTH24‘AI arms race’ underway as payers, providers jockey for upper hand in claims review
Payers currently have a leg up when using AI to review claims, but providers could soon catch up, experts say.
By Susanna Vogel • Oct. 24, 2024 -
Cleveland Clinic
Amazon’s One Medical, Cleveland Clinic partner to build primary care clinics in Ohio
The academic medical giant is the latest health system to notch a deal with One Medical, defraying the cost of expansion for the primary care chain while creating a valuable source of referrals for the hospital.
By Rebecca Pifer Parduhn • Oct. 22, 2024 -
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UHS, HCA could see financial boost from growth in state-directed payments for Medicaid services
Higher payments in four states could increase the hospital operators' profitability in the near term, according to analysts.
By Susanna Vogel • Oct. 16, 2024 -
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FTC increases premerger reporting requirements over provider objections
Companies will be required to disclose more information about minority investors and past M&A activity. Provider groups said the new requirements would be burdensome for hospitals.
By Susanna Vogel • Oct. 14, 2024 -
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Fresenius Medical Care increasing IV, dialysis solutions production to alleviate shortages
B. Braun and Fresenius Medical Care said they will make more crucial products as the U.S. faces shortages following Hurricane Helene’s damage to a Baxter manufacturing facility.
By Ricky Zipp • Oct. 11, 2024 -
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OpinionWhen managing a healthcare practice, what’s the value of prevention?
Here are the legal issues providers need to know as litigation increases around healthcare fraud and abuse, according to two experts.
By Nadia de la Houssaye and Donald W. Washington • Oct. 10, 2024
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