Hospitals: Page 32
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Kaiser posts $1.2B in Q1 net profit after $961M net loss in prior-year quarter
The first-quarter report comes weeks after the operator announced its plans to acquire Geisinger Health and form a new nonprofit with the purpose of acquiring and operating other nonprofit systems.
By Sydney Halleman • May 8, 2023 -
Opinion
Celebrated healthcare heroes are workplace violence victims
Violence prevents nurses, doctors and other professionals from providing uninterrupted, quality patient care, argues Andrew Thum, the director of nursing workforce operations at Jefferson Health in Philadelphia.
By Andrew Thum • May 8, 2023 -
Explore the Trendline➔
Yujin Kim/Healthcare DiveTrendlinePayer/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 -
AHA, hospital groups file court brief asking to restore ACA preventive services mandate
The medical associations said preventive health services are essential to increase longevity and quality of life, and that medical evidence should dictate preventive care recommendations rather than political considerations.
By Brian T. Horowitz • May 8, 2023 -
Healthcare added 40K jobs in April with hospital, ambulatory gains
The April job numbers are a decrease compared to the sector's average monthly gain of 47,000 jobs over the prior six months.
By Sydney Halleman • May 5, 2023 -
Hospital margins continue to stabilize but remain below pre-pandemic levels
Rising expenses and thin operating margins have left hospitals vulnerable to a potential recession or a new public health emergency.
By Sydney Halleman • May 4, 2023 -
Lilly drug slows Alzheimer’s decline in large study
The company plans to quickly submit an application for U.S. approval based on the trial results, which showed a consistent benefit to treatment with the drug.
By Jonathan Gardner , Ned Pagliarulo • Updated May 3, 2023 -
Lower patient acuity, expenses drove CHS to $51M loss in Q1
CHS continued to grapple with heightened expenses in the quarter, including a sequential increase in salary and benefit expenses and supply costs, according to executives.
By Sydney Halleman • May 2, 2023 -
Biden admin officially ends COVID vaccine mandate for health workers
The CMS on Wednesday issued a final rule lifting the controversial vaccine mandate in early August, though regulators said they wouldn’t enforce the mandate between now and then.
By Rebecca Pifer • Updated June 1, 2023 -
Virtual care company eVisit acquires Bluestream Health
EVisit aims to offer a streamlined interface by integrating its automated care navigation platform with Bluestream’s digital front door platform.
By Brian T. Horowitz • May 2, 2023 -
CMS launches investigations into denied emergency abortion care
The agency alleges that hospitals in Missouri and Kansas violated EMTALA by failing to provide needed care to a woman whose pregnancy became nonviable at 18 weeks.
By Shannon Muchmore • May 2, 2023 -
Nurses are less satisfied with careers, more likely to leave profession amid COVID pressures: survey
About half of nurses polled by AMN Healthcare said they were likely to encourage others to take up the profession in 2023, down from 64% in 2021.
By Shannon Muchmore • May 1, 2023 -
Without vehicle or viable public transit, 1 in 5 miss needed healthcare: report
Adults with a disability, Black adults, people with low incomes and those on public insurance were more likely to report going without needed healthcare because of transportation issues, the Urban Institute found.
By Shannon Muchmore • April 28, 2023 -
Climate groups call on health systems to divest fossil fuel holdings
Although more than 1,550 organizations representing more than $40 trillion in assets have divested fossil fuel investments, the healthcare industry lags behind, according to a new report.
By Brian T. Horowitz • April 28, 2023 -
Lawmakers show bipartisan support for site-neutral payments
Political will appears to be rising to equalize Medicare payments to hospitals and doctor’s offices for certain low-acuity services, according to lawmaker comments during a Wednesday hearing.
By Rebecca Pifer • April 27, 2023 -
UHS continued COVID recovery as behavioral, acute volumes boosted Q1 results
Although the operator is recovering from the pandemic, non-COVID-19 volume recovery has been “a bit slower than anticipated,” executives said Wednesday.
By Sydney Halleman • April 26, 2023 -
Kaiser names new chief digital officer
Nari Gopala has previously served in leadership positions at Amazon Web Services, Daybreak Game Company and Sony Online Entertainment.
By Shannon Muchmore • April 26, 2023 -
Kaiser Permanente to acquire Geisinger, form company to operate other nonprofit systems
The new organization, Risant, represents an opportunity for Kaiser to expand its reach nationwide through targeted acquisitions of nonprofit community health systems.
By Shannon Muchmore , Rebecca Pifer • April 26, 2023 -
LCMC ordered by judge not to close HCA-acquired hospitals as legal battle continues
LCMC Health and regulators have filed dueling court requests over whether state acquisition approval preempts federal antitrust review in LCMC’s acquisition of three facilities from HCA.
By Sydney Halleman • April 25, 2023 -
Tenet boosts full-year profit forecast after gains in Q1 volume growth
Surgical cases at the operator’s ambulatory unit climbed 8% year over year, leading to a surge in ambulatory operating revenue.
By Sydney Halleman • April 25, 2023 -
HCA boosts full-year guidance on Q1 increase in net income, revenue
The operator logged an increase in admissions and a decrease in contract labor spending during the first quarter.
By Sydney Halleman • April 24, 2023 -
HIMSS23
Verizon to deploy 5G in new-build Cleveland Clinic hospital
The project, slated to be finished in July, is Verizon’s first full 5G hospital installation, according to an executive.
By Rebecca Pifer • April 20, 2023 -
LCMC Health sues feds for blocking Tulane hospital deal despite securing COPA
The lawsuit comes after the Federal Trade Commission blocked the sale to allow for an antitrust review, despite the system receiving a certificate shielding the acquisition from federal scrutiny.
By Susan Kelly • April 20, 2023 -
Opinion
When will the ER catch up with value-based care?
Amid transformation, innovation and buzzwords in value-based care, one crucial area absent is the emergency department, argues Troy Williams, vice president of healthcare systems partnership for First Choice Health.
By Troy Williams • April 20, 2023 -
HIMSS23
Hospitals look for immediate return on investments in tough operating environment
“We’re not going after anything that’s kind of cool that takes a couple of years to get to the bottom line. This is about immediate returns,” an Advocate Health executive said Wednesday at HIMSS23.
By Rebecca Pifer • April 20, 2023 -
Tenet pressured to clarify emergency abortion policies
Shareholders are being asked to approve a proposal requiring the hospital operator to lay out its policies regarding emergency abortions, and to clarify its statement that it will follow “faith-based commitments.”
By Shannon Muchmore • April 18, 2023