Hospitals: Page 32
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Guidance change threatens hospital 340B drug discounts
The Health Resources and Services Administration is once again requiring hospitals to register outpatient clinics and list them on Medicare cost reports, setting a higher bar for eligibility in the drug discount program.
By Rebecca Pifer Parduhn • Oct. 27, 2023 -
Again in the red, Community Health Systems logs $91M net loss in Q3
Despite cost containment efforts, CHS reported a net loss this week for the third consecutive quarter.
By Susanna Vogel • Oct. 26, 2023 -
Explore the Trendline➔
Getty Images
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 -
UHS beats Wall Street expectations on rising patient volumes
The for-profit hospital operator grew revenue in the third quarter despite challenges in payer relations and Medicaid redeterminations.
By Susanna Vogel • Oct. 26, 2023 -
Retrieved from Michigan Gov.
Calling healthcare burnout a crisis is an ‘understatement,’ CDC says
The Centers for Disease Control and Prevention is sounding the alarm on increasing levels of burnout and harassment in the healthcare industry.
By Susanna Vogel • Oct. 25, 2023 -
The image by Douglas Muth is licensed under CC BY-SA 2.0
UPMC, Washington ink definitive merger agreement
The Pennsylvania-based nonprofits are one step closer to completing their merger, despite pushback from local unions.
By Sydney Halleman • Oct. 25, 2023 -
Retrieved from Crozer Health.
Prospect Medical Holdings clear to seek buyer for Crozer Health
The health system has nine months to find a buyer for its struggling four-hospital health system under an agreement announced by the Pennsylvania attorney general last week.
By Susanna Vogel • Updated Feb. 7, 2025 -
HCA misses Q3 expectations on costs from staffing firm Valesco
The for-profit reported operational strains associated with its physician staffing firm in its third-quarter earnings.
By Susanna Vogel • Oct. 24, 2023 -
How 4 health system executives are tackling supply chain challenges
After the COVID-19 pandemic caused worldwide disruptions, executives at four major health systems shared how they’re innovating supply chain tactics.
By Sydney Halleman • Oct. 23, 2023 -
Physician turnover more complex than just burnout, study finds
In a qualitative study examining physician turnover, participants said their departures were mostly driven by a desire for increased flexibility.
By Susanna Vogel • Oct. 20, 2023 -
Washington hospitals sue state over expanded interpretation of a charity care law
A state hospital association says the updated charity care guidance, which would require facilities to offer subsidized care for patients regardless of residency, risks making Washington a “medical tourism destination."
By Susanna Vogel • Oct. 19, 2023 -
Henry Ford, Ascension enter joint venture to create $10.5B system
The no-cash deal will combine Detroit-based Henry Ford Health with Ascension’s southeast Michigan and Genesys healthcare facilities and create an organization spanning more than 550 sites.
By Emily Olsen • Oct. 19, 2023 -
Atrium Health ends policy of suing patients for unpaid medical debt
The North Carolina-based health system sparked controversy by filing 2,482 lawsuits against patients with medical debt between 2017 and 2022.
By Susanna Vogel • Oct. 17, 2023 -
Financial distress is driving health system M&A, Kaufman Hall reports
More than a third of transactions announced in the third quarter included a party that cited financial distress as a reason behind the deal.
By Emily Olsen • Oct. 17, 2023 -
Healthcare worker exodus continued through 2022, new data shows
Physicians accounted for nearly half of departures from 2021 through 2022, with staffing shortages putting care quality at risk, according to a new report from Definitive Healthcare.
By Susanna Vogel • Oct. 17, 2023 -
California sets $25 per hour minimum wage for healthcare workers
The law, backed by healthcare unions, is expected to affect approximately 469,000 healthcare workers and will be phased in over the next several years.
By Susanna Vogel • Oct. 16, 2023 -
Kaiser workers ratify new contract, ending prolonged labor conflict
The agreement raises wages for 85,000 union workers by 21% over four years. It's the culmination of months of labor unrest, including a historic strike.
By Susanna Vogel • Updated Nov. 9, 2023 -
UnityPoint Health, Presbyterian Healthcare Services call off cross-market merger
Amid financial woes and the exit of key executives, Presbyterian Healthcare Services and UnityPoint Health have decided against pursuing a merger, which would have formed a system of nearly 50 hospitals.
By Susanna Vogel • Oct. 13, 2023 -
Sanders criticizes nonprofit hospitals for not providing enough charity care
The report from the Chair of the Senate HELP Committee calls for more federal oversight into nonprofit hospitals' charity care, accusing the systems of providing "paltry amounts" of charity care
By Sydney Halleman • Oct. 12, 2023 -
HLTH23
Sutter unveils Bay Area innovation center as nonprofit leans toward VC
In an interview on the center’s launch, Sutter’s chief innovation officer also said that venture firm General Catalyst, which announced plans to buy a health system this week for product testing, will face "real trial and error.”
By Rebecca Pifer Parduhn • Oct. 11, 2023 -
Ascension faces negative outlooks following weak earnings
Both Fitch Ratings and S&P recently affirmed negative ratings for Ascension. However, the credit agencies said the nonprofit health system could rebound.
By Susanna Vogel • Oct. 10, 2023 -
HLTH23
General Catalyst wants to buy a health system as testing ground for new venture
The impending purchase is part of a new health business being spun out by General Catalyst, called the Health Assurance Transformation Corporation.
By Rebecca Pifer Parduhn • Oct. 9, 2023 -
Kaiser and unions reach ‘tentative agreement’ after historic strike
On Friday morning, Kasier Permanente and unions announced they reached a “tentative agreement” on new contract terms for 75,000 healthcare workers. The possible deal follows a three-day strike.
By Susanna Vogel • Updated Oct. 13, 2023 -
Q&A
Leadership 101: Emeritus Healthcare’s Ranil Herath on the skills executives need in 2023
Herath, president of education program provider Emeritus Healthcare, discussed healthcare executive burnout and the skills clinicians need in an age of virtual care and AI-powered tools.
By Brian T. Horowitz • Oct. 6, 2023 -
Novant Health cuts 160 jobs, citing a ‘challenging healthcare environment’
The layoffs come after the North Carolina-based nonprofit system reported rising salary and employee benefit expenses in quarterly earnings this year.
By Susanna Vogel • Oct. 6, 2023 -
Q&A
GE HealthCare imaging CEO Jan Makela talks Mayo Clinic partnership
GE and Mayo Clinic plan to collaborate on imaging, artificial intelligence and cancer treatment.
By Elise Reuter • Oct. 6, 2023