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

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

Explore the Trendline➔

Social determinants of health

The focus on social determinants of health has only increased as the COVID-19 pandemic has devastated the United States.

By Healthcare Dive staff

Change 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

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

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

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 Emily Olsen • March 5, 2024

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

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 Emily Olsen • March 5, 2024

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

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 Emily Olsen • March 4, 2024

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

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 Emily Olsen , Susanna Vogel • March 1, 2024

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

Mayo Clinic boosted operating income by 82% in 2023

Investment returns and outpatient services revenue drove results.

By Susanna Vogel • Feb. 29, 2024

Adventist, Tenet close California hospital sale

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

By Emily Olsen • Updated April 1, 2024

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

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

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

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

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

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

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

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

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