Hospitals: Page 26

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    Change Healthcare cyberattack

    CMS rolls out provider flexibilities amid fallout from Change cyberattack

    Provider groups argued the government should go further to financially bolster providers during the outage at Change Healthcare.

    By • March 5, 2024
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    Kaiser lays off IT workers for a second time in 4 months

    The Oakland, Calif.-based nonprofit health system continues to downsize its tech department in a bid to increase efficiencies and cut costs.

    By Susanna Vogel • March 5, 2024
  • a physician sits at a desk with their head in their hands Explore the Trendline➔
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    Trendline

    Provider 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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    Change Healthcare cyberattack

    Provider groups urge HHS, Congress to mitigate damage from Change cyberattack

    The American Hospital Association and the American Medical Association pushed the federal government to offer more financial support as the Change outage limits providers’ ability to receive payment.

    By • March 5, 2024
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    Geisinger Health taps new CEO

    Terry Gilliland is replacing Jaewon Ryu. Ryu will lead Risant Health, the nonprofit formed last year when Kaiser announced plans to acquire Geisinger.

    By Susanna Vogel • March 5, 2024
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    Change Healthcare cyberattack

    UnitedHealth stands up provider financial assistance after Change cyberattack

    Providers said the assistance isn’t enough to overcome the financial strain caused by the systems outage at Change Healthcare, which has lasted for about two weeks.

    By • March 4, 2024
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    Hospital price transparency compliance dips: report

    Lenient regulatory enforcement has led hospitals to disregard price transparency requirements, according to watchdog group Patient Rights Advocate.

    By Susanna Vogel • March 4, 2024
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    Courtesy of UnitedHealth Group
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    Change Healthcare cyberattack

    Change Healthcare cyberattack having ‘far-reaching’ effects on providers

    Providers said the outage at the UnitedHealth-owned technology company has affected billing, eligibility checks, prior authorization requests and prescription fulfillment.

    By , Susanna Vogel • March 1, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Cleveland Clinic posts $911M net income in 2023 on investment, volume growth

    The health system is the latest to report a financial turnaround compared to 2022, which analysts called the worst operational year on record for nonprofit hospitals.

    By Susanna Vogel • March 1, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Mayo Clinic boosted operating income by 82% in 2023

    Investment returns and outpatient services revenue drove results.

    By Susanna Vogel • Feb. 29, 2024
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    Adventist, Tenet close California hospital sale

    The deal will net Tenet Healthcare about $450 million in after-tax proceeds.

    By • Updated April 1, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Northwell Health, Nuvance Health to merge

    The proposed deal would create a 28-hospital system in New York and Connecticut. 

    By Susanna Vogel • Feb. 29, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    UHS eyes 2024 growth but ‘cautious’ amid persistent cost pressures

    The Pennsylvania-based hospital operator grew revenue 7% in 2023 despite operational challenges, including high labor costs and strained payer relations. 

    By Susanna Vogel • Feb. 28, 2024
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    Jirapong Manustrong
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    Nurse leaders say the job is a ‘no-win’ role

    Burnout and turnover remain high among overwhelmed and under-resourced nurse leaders, according to a study from AMN Healthcare.

    By Susanna Vogel • Feb. 28, 2024
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    Catholic health system taps CommonSpirit executive as next CEO

    E.J. Kuiper will replace Richard Vath as chief executive of Franciscan Missionaries of Our Lady Health System effective May 1.

    By Susanna Vogel • Feb. 27, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Trinity Health cuts operating losses by 85% in first half of 2024

    Revenue from acquisitions and outpatient services helped the Catholic health system trim losses.

    By Susanna Vogel • Feb. 26, 2024
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    CHS hit with Justice Department investigation

    Federal regulators are seeking information about the for-profit hospital operator's inpatient admissions and dialysis processes and procedures.

    By Susanna Vogel • Updated Feb. 23, 2024
  • Concept Burnout Syndrome. Business Woman feels uncomfortable working. Which is caused by stress, accumulated from unsuccessful work And less resting body. Consult a specialist psychiatrist
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    Jirapong Manustrong
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    Women in healthcare report higher levels of burnout than male colleagues, study finds

    A lack of autonomy and gender inequity at work are correlated with women’s burnout, according to the new research.

    By Susanna Vogel • Feb. 22, 2024
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    Tracking Steward's decline

    Steward Health Care gets ultimatum from Massachusetts governor

    Gov. Maura Healey sent a letter to Steward executives this week saying the operator must produce financial documents and consider a sale of its properties in the state.

    By Susanna Vogel • Feb. 21, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    CHS’ income falls in the fourth quarter as costs continue to climb

    The Franklin, Tennessee-based hospital operator’s net income dropped nearly 90% year over year in the quarter.

    By Susanna Vogel • Feb. 21, 2024
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    Alex Wong via Getty Images
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    CMS finalizes rule to cut Medicaid DSH payments for some hospitals

    Under the new definition, hospitals can only receive disproportionate share hospital Medicaid reimbursements for beneficiaries who are primarily insured by the safety-net program.

    By Susanna Vogel • Updated Feb. 22, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Ascension posts $231M in quarterly operating income as labor costs come down

    The Catholic health system attributed its results to increased patient volumes and successful cost-cutting initiatives. 

    By Susanna Vogel • Feb. 20, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Mass General Brigham’s investment income boosted Q1 earnings

    But operating expenses — including increases in supply and wage costs — continued to pressure the nonprofit.

    By Susanna Vogel • Feb. 20, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    CommonSpirit trims operating losses in second quarter

    The nonprofit improved net income but was still dogged by rising expenses in the quarter.

    By Susanna Vogel • Feb. 16, 2024
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    Tracking Steward's decline

    What’s going on at Steward Health Care?

    The physician-led healthcare network formed to save hospitals from financial distress. Now, hospitals in its own portfolio need bailing out after years of alleged mismanagement. 

    By Susanna Vogel • Feb. 15, 2024
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    HCA updates C-suite reporting structure

    The Nashville-based for-profit adjusted its strategy for senior executives as it attempts to gain a 29% market share in healthcare services by 2030.

    By Susanna Vogel • Feb. 14, 2024