Hospitals: Page 23
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CMS proposes 2.6% payment increase for inpatient hospitals next year
Regulators said payments to hospitals would increase $3.2 billion in 2025 under the proposed rule. However, the American Hospital Association called the hike “woefully inadequate.”
By Rebecca Pifer Parduhn • April 11, 2024 -
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Medical Properties Trust offloads 5 hospitals to Prime Healthcare
One of the nation’s largest hospital landlords will pay down its debt load with the proceeds, executives said.
By Susanna Vogel • April 11, 2024 -
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 -
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Banner Health names new CEO
Amy Perry, the current president, will take the reins from longtime chief executive Peter Fine beginning June 30.
By Susanna Vogel • April 10, 2024 -
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North Carolina county seeks damages in HCA Mission lawsuit
Buncombe County is seeking to join a lawsuit from the state alleging HCA intentionally understaffed Mission’s emergency department, increased wait times and wasted taxpayer dollars.
By Susanna Vogel • April 9, 2024 -
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Marshfield Clinic to lay off furloughed workers
The Wisconsin-based health system furloughed about 3% of its employees earlier this year, and most are impacted by these job cuts.
By Emily Olsen • April 5, 2024 -
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Senate ramps up scrutiny of private equity ‘greed’ in healthcare
As private equity firms buy up hospitals and staffing agencies, lawmakers say they're increasingly concerned that patient care could suffer.
By Susanna Vogel • April 5, 2024 -
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Deep Dive // Change Healthcare cyberattackChange cyberattack serves as wake-up call for healthcare cybersecurity
The outage shows why health systems need to plan for inevitable cyberattacks, evaluating risks and putting operational backups in place, experts say.
By Emily Olsen • April 4, 2024 -
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Blue Shield of California and Providence at stalemate over contract negotiations
It's the latest negotiation to spill out of the boardroom and into the public eye as tensions between providers and payers ramp up.
By Susanna Vogel • April 3, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Intermountain-owned Saltzer shutters operations, sells clinics
The financially strapped physician group finalized a midnight deal to sell some services to Trinity Health-owned Saint Alphonsus Health System and Intermountain Medical Imaging of Idaho.
By Susanna Vogel • April 3, 2024 -
Permission granted by Geisinger Health
Kaiser closes Geisinger acquisition, launching Risant Health
The deal closed roughly a year after it was first announced. Geisinger is the first health system to join Risant, but it’s far from the last — the hospital operator wants to acquire at least four additional nonprofits.
By Rebecca Pifer Parduhn • April 3, 2024 -
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Change Healthcare cyberattackChange cyberattack likely ‘minor setback’ for nonprofit hospitals: Fitch
The ratings agency doesn’t anticipate a credit impact to nonprofits as long as providers can return to normal operations soon and maintain a large enough cash cushion during the outage.
By Emily Olsen • April 2, 2024 -
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UHS could face hit from $535M judgment against subsidiary
Damages could shrink on appeal and Universal Health Services has malpractice insurance to cover some costs, but the for-profit’s exposure from the case could still amount to hundreds of millions of dollars.
By Susanna Vogel • April 2, 2024 -
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UCLA Health acquires California hospital from HCA
The purchase of the 260-bed facility will help address inpatient capacity needs, UCLA said.
By Emily Olsen • April 1, 2024 -
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Novant’s proposed purchase of CHS hospitals ‘irreversibly’ harms competition, FTC says
Antitrust regulators filed this week to block the deal, a move akin to trying to stop a “ball that’s already rolling downhill," one expert said.
By Susanna Vogel • March 29, 2024 -
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Ascension to divest three hospitals in northern Michigan
The nonprofit giant is working to improve its financials and focus on expanded ambulatory and telehealth offerings.
By Emily Olsen • March 27, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Tracking Steward's declineSteward to sell physician group to UnitedHealth’s Optum Care
The proposed deal could face regulatory scrutiny, Massachusetts officials say.
By Susanna Vogel • March 27, 2024 -
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Healthcare companies expand perks to recruit talent: report
The increase stands in contrast to other industries, which have cut back on extra offerings.
By Susanna Vogel • March 27, 2024 -
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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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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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