Providence posted $202M operating loss in Q2 as it deploys recovery programs

The health system has focused on cost-cutting efforts to right its financials after suffering losses last year.

By Susanna Vogel • Aug. 29, 2023

Bon Secours sues Anthem BCBS over unpaid claims

The Cincinnati-based health system is alleging the Elevance subsidiary owes $93 million following four years of contract disputes.

By Rebecca Pifer • Aug. 29, 2023

Explore the Trendline➔

Payer/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

More than 80% of healthcare executives say recruiting talent is a top business risk, report finds

Healthcare executives are more likely than those in other industries to label staffing shortages a business risk, according to a report from business services firm PwC.

By Susanna Vogel • Aug. 28, 2023

Texas judge rules to vacate more No Surprises Act regulations

The ruling, which targets guidance related to the independent dispute resolution process, prompted the CMS to again pause all federal disputes.

By Sydney Halleman • Aug. 28, 2023

KFF report explores cost, antitrust implications for cross-market hospital mergers

Regulating cross-market mergers will be “on the radar” of policymakers and regulators as they become increasingly common, the report noted.

By Susanna Vogel • Aug. 25, 2023

Shared Savings ACOs saved Medicare $1.8B in 2022

Nearly two-thirds of participating accountable care organizations earned payments for their performance last year, according to the CMS.

By Emily Olsen • Aug. 25, 2023

Pandemic relief funds bolstered operating margins at vulnerable hospitals, Health Affairs finds

The funds have come under scrutiny, with some reports suggesting that high-performing hospitals capitalized on them to post record operating margins.

By Susanna Vogel • Aug. 23, 2023

OHSU, Legacy Health plan to combine

The deal, which the health systems said would create the largest employer in the Portland area, could be a financial lifeline for Legacy.

By Emily Olsen • Aug. 21, 2023

More than half of healthcare employees consider themselves inadequately compensated, report finds

The divide between professionals who felt fairly compensated and those who didn't was less than 5%, but almost half of healthcare workers surveyed said they had less than $1,000 in savings.

By Brian T. Horowitz • Aug. 21, 2023

Minnesota AG launches investigation into Allina Health’s billing practices

Allina Health will "formally transition away” from its policy of interrupting non-emergency, outpatient care for patients with debt, a spokesperson said. The announcement will not affect the Minnesota investigation.

By Susanna Vogel • Updated Aug. 23, 2023

Mayo Clinic’s profit continued to rebound in the second quarter after 2022 struggles

The nonprofit posted sequential growth in profits in the second quarter, despite increasing expenses.

By Susanna Vogel • Aug. 18, 2023

Generative AI in healthcare: Google Cloud’s Amy Waldron on the tech giant’s health ambitions

Healthcare Dive caught up with Google Cloud’s Amy Waldron to discuss the technology giant’s plans for — and potential risks of — generative AI in healthcare.

By Brian T. Horowitz • Aug. 17, 2023

The Joint Commission acquires National Quality Forum

The groups claim their venture will tie the accreditation process more closely to data and outcomes, and won't lead to more quality measures for hospitals.

By Susanna Vogel • Updated Aug. 17, 2023

Why the Mayo Clinic commercialized its supply chain services

The health system's approach to supply chain monetization brought in revenue and drove savings by focusing on purchasing and freight services.

By Deborah Abrams Kaplan • Aug. 15, 2023

Definitive Healthcare acquires data analytics startup Populi for $52M

The deal comes weeks after Definitive Healthcare announced layoffs.

By Emily Olsen • Aug. 15, 2023

Mass General Brigham posts positive operating margin in Q3 after high 2022 losses

The Boston-based health system posted an improvement in revenue and operating income after it was placed on a financial improvement plan by the state last year.

By Susanna Vogel • Aug. 15, 2023

Labcorp scoops up Tufts Medicine outreach lab, continuing buying spree

As the laboratory services giant continues its acquisition streak, hundreds of employees will be let go at the Boston-based academic health system.

By Susan Kelly • Aug. 15, 2023

Demand for nurse practitioners exceeded other specialty providers, report finds

For the third year in a row, demand for nurses surpassed what’s been seen in other specialties, according to a report from staffing firm AMN Healthcare.

By Susanna Vogel • Aug. 14, 2023

AdventHealth sues MultiPlan for alleged ‘cartel’ with health insurers to fix prices

The health system alleges providers have lost at least $19 billion per year as a direct result of MultiPlan’s anticompetitive agreements with major payers, including UnitedHealth, Aetna and Elevance.

By Rebecca Pifer • Aug. 14, 2023

NLRB says HCA Healthcare ‘unilaterally implemented’ pandemic pay program without union’s input

The NLRB ordered the hospital system to rescind its pandemic pay program.

By Ginger Christ • Aug. 11, 2023

Healthcare M&A hit three-year low in Q2, report finds

Continuing financial pressures could keep deal-making low in the second half of the year, but M&A could heat up in early 2024, a new KPMG report finds.

By Emily Olsen • Aug. 10, 2023

For-profit hospitals beat Q2 expectations on rising admissions, expense improvements

Rebounding volume, including increased demand for elective surgeries, boosted toplines for HCA, Tenet, CHS and UHS in the second quarter.

By Susanna Vogel • Aug. 10, 2023

Hospital prices twice as high for commercial plans than MA when negotiated by same payer, study finds

Large national insurers had higher price ratios than other payers, an analysis in Health Affairs found.

By Emily Olsen • Aug. 9, 2023

Hospital CEO turnover remained low in 2022, but recent data suggests uptick

Hospital CEO turnover remained depressed last year, according to one report, but separate research suggests executive changes were on the rise as of June.

By Susanna Vogel • Aug. 9, 2023

Senators crack down on nonprofit hospitals’ charity care, tax-exempt status

The letter, sent by a bipartisan group of senators to tax commissioners, comes as the federal government increases scrutiny into nonprofit hospitals’ charity care spending.

By Sydney Halleman • Aug. 9, 2023