Hospitals: Page 2
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Tax breaks exceed community care spending at large majority of nonprofit hospitals: report
Nonprofits’ cumulative “fair share” deficit is enough to pay off the medical debt of everyone in California, Texas, New York and Pennsylvania combined, according to the Lown Institute.
By Susanna Vogel • March 26, 2024 -
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Ascension will outsource Illinois hospitalist functions to PE-backed staffing firm
Beginning June 1, the Catholic health system will cede responsibility of hospitalist functions to staffing firm SCP Health.
By Susanna Vogel • March 26, 2024 -
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Disputes between hospitals and workers are likely to continue even as the pandemic’s greatest impacts subside — a source of friction that could leave patients caught in the middle.
By Healthcare Dive staff -
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Advocate offloads senior home care business to private equity firm
The health system is selling Senior Helpers to Waud Capital Partners just three years after it acquired the home care group.
By Susanna Vogel • March 25, 2024 -
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Change Healthcare cyberattackHospital groups question HHS about data breach reporting after Change attack
In a Thursday letter, the American Hospital Association urged the HHS’ Office for Civil Rights to reduce possible “duplicative” breach notifications from the Change cyberattack.
By Susanna Vogel • March 22, 2024 -
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Hospitals could face revenue hit if insurers play hardball over MA: report
Insurers could increase claims denials and engage in aggressive contract negotiations with hospitals as profitability in the popular plans declines.
By Susanna Vogel • March 21, 2024 -
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Steward’s legal battles offer insight into pattern of mismanagement
The health system has been hit with at least 35 lawsuits in the last year alleging issues ranging from unpaid bills and falsified checks to doctor kickback schemes.
By Susanna Vogel • March 20, 2024 -
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Bon Secours Mercy Health names new CFO
Travis Crum, currently senior vice president of finance, will assume the CFO role in the summer. He replaces Debbie Bloomfield, who is set to retire at the end of the year.
By Susanna Vogel • March 20, 2024 -
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MedPAC’s physician pay recommendations insufficient, provider groups say
The Medicare Advisory Payment Commission also suggests tying the rate of physician payment increases to the Medicare Economic Index — a move some industry groups support.
By Susanna Vogel • March 19, 2024 -
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Change cyberattack could damage credit at small providers: Fitch
Smaller companies may already have worse credit ratings and could struggle with cash flow disruptions caused by the outage.
By Emily Olsen • March 19, 2024 -
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Deep Dive // HIMSS24‘As fast as possible but no faster than is safe’: Hospitals, tech companies confront AI governance
Regulators seeking to erect guardrails around AI are facing a Sisyphean task, experts said at HIMSS. How do you oversee something that is constantly changing?
By Rebecca Pifer • March 18, 2024 -
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Change Healthcare cyberattackCMS releases Medicaid payment flexibilities during Change cyberattack
The relief comes as 94% of hospitals reported financial impact from the outage, according to a survey from the American Hospital Association.
By Emily Olsen • March 18, 2024 -
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Q&A // HIMSS24Microsoft’s health VP takes on responsible AI
David Rhew talks about Microsoft's new AI governance network and federal regulators’ plan to more actively oversee the technology.
By Rebecca Pifer • March 18, 2024 -
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Novant Health names new CFO
The appointment will help fill out the North Carolina-based health system’s leadership team after its CFO and COO left last year.
By Emily Olsen • March 15, 2024 -
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Inexperienced clinicians pose the largest patient safety risk in 2024: report
Challenges with health technology adoption and reductions in maternal services could also threaten patient safety this year, according to an ECRI study.
By Susanna Vogel • March 15, 2024 -
Rebecca Pifer/Healthcare Dive
Q&A // HIMSS24Salesforce’s pitch on healthcare AI
The cloud-based software company announced a number of new AI tools in the lead up to the HIMSS conference. Healthcare is a “huge priority,” said Sean Kennedy, Salesforce’s global health strategy lead.
By Rebecca Pifer • March 15, 2024 -
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Mass General Brigham lays out multi-year plan to integrate flagship hospitals
MGB will consolidate similar clinical departments at Mass General and Brigham and Women's.
By Susanna Vogel • March 14, 2024 -
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HIMSS24Microsoft forms health AI governance network
The tech giant is standing up the group with 16 health systems, two healthcare technology companies and zero AI development rivals.
By Rebecca Pifer • March 12, 2024 -
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HIMSS24Oracle to launch generative AI-backed clinical assistant within next quarter, exec says
The tool, which automatically transcribes patient visits and suggests next steps for providers, is entering a cluttered market.
By Rebecca Pifer • March 12, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
For-profit hospital operators bet on outpatient services, expense reductions in 2023
While HCA Healthcare, Tenet Healthcare and Universal Health Services posted net gains by the end of the year, Community Health Systems reported losses.
By Susanna Vogel • March 12, 2024 -
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Change Healthcare cyberattack
Small, financially struggling providers at risk from Change cyberattack: Moody’s
Larger providers, however, aren’t immune from cash flow challenges, especially if UnitedHealth Group is unable to restore systems by mid-March.
By Emily Olsen • March 11, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Providence improves in 2023, but still posts $600M net loss
The nonprofit cut losses compared to 2022 as it implemented a financial recovery strategy, but expenses continued to plague the system.
By Susanna Vogel • March 8, 2024 -
Courtesy of UnitedHealth Group
Change Healthcare cyberattackChange says its largest claims clearinghouses coming back online
More than $14 billion in claims have been prepared for processing and will start flowing soon, the technology firm said Friday.
By Emily Olsen • Updated March 25, 2024 -
Community Health Systems to buy drugs from Mark Cuban Cost Plus
CHS is the first national health system to partner with the billionaire’s drug distribution company. Epinephrine and norepinephrine are the first two drugs included in the purchasing deal.
By Rebecca Pifer • March 8, 2024 -
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Federal government probes healthcare private equity deals
The cross-agency investigation comes as scrutiny rises regarding corporate consolidation in healthcare.
By Susanna Vogel • March 6, 2024 -
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UMass Memorial, Google Cloud partner to connect patients with cardiometabolic drugs
The central Massachusetts nonprofit aims to improve population health, but its partnership with Google on data management and AI could also lower costs.
By Rebecca Pifer • March 6, 2024
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