Hospitals: Page 36


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    CMS finalizes 3.1% inpatient payment bump for hospitals

    Hospitals decried the rate adjustment, which is higher than the 2.8% proposed earlier this year, as out of touch with their financial reality.

    By Aug. 2, 2023
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    Tenet posts $123M profit on strong surgical demand, lower contract labor costs

    Tenet is the third for-profit hospital to raise its revenue forecast for the year following its second quarter performance.

    By Susanna Vogel • Aug. 1, 2023
  • 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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    Operating margins improve, but hospitals still face high expenses: Kaufman Hall

    Most hospitals underperformed in June, which the consultancy attributes to a growing gap between affluent and poor hospitals.

    By Aug. 1, 2023
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    Marginalized patients more likely to be skipped over in emergency departments, study finds

    Black, Hispanic or Latino, Spanish-speaking and Medicaid patients are more likely to be jumped over in line, which increases their odds of leaving the hospital before receiving treatment.

    By July 31, 2023
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    Hospital, payer lobbies urge CMS to reconsider ‘conflicting’ prior authorization standards

    The groups, normally at odds, have found a source of agreement in proposed rules meant to standardize data exchange processes.

    By Brian T. Horowitz • July 31, 2023
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    Sanford-Fairview merger dead, following significant stakeholder pressures

    Sanford and Fairview explored all options to keep the merger viable, but ultimately were forced to end the process due to a lack of support in Minnesota, Sanford CEO Bill Gassen said.

    By Susanna Vogel • July 28, 2023
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    HCA raises full-year outlook on strengthening admissions

    The hospital chain's second quarter earnings beat Wall Street’s expectations on Thursday, as revenue rose off of increased utilization of inpatient and outpatient services.

    By Susanna Vogel • July 27, 2023
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    Gary H Steadman | Credit: Photographer - Gary H Steadman

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    UHS beat Wall Street estimates for Q2 earnings on ‘high demand’ at acute care hospitals

    The hospital operator raised lower-bound revenue expectations for 2023 after reporting a year-over-year increase in profit and revenue.

    By Susanna Vogel • July 26, 2023
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    This year will not bring ‘full rebound’ for nonprofit hospitals

    Many nonprofit hospitals suffered their worst operational year on record in 2022. This year is unlikely to bring a complete end to financial hardships, according to Fitch Ratings.

    By Susanna Vogel • July 25, 2023
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    Average cost of healthcare data breach reaches $11M, report finds

    Healthcare continues to be the most expensive industry for data breaches, with costs increasing 53% since 2020.

    By July 25, 2023
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    Deep Dive

    New antitrust merger guidelines could have significant chilling effect on healthcare deals

    Regulators have historically struggled to make a case against complex and non-traditional tie-ups. That could change with the new guidelines.

    By July 21, 2023
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    FTC, OCR warn hospitals, telehealth companies about tracking tech

    The regulatory agencies sent a joint letter to roughly 130 hospitals and telehealth providers outlining the risks of using online tracking technologies that might disclose sensitive consumer information.

    By July 21, 2023
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    COVID relief funds helped some hospitals soar to ‘all-time high’ operating margins

    The findings led JAMA researchers to conclude pandemic relief funds “may not have been necessary” for some for-profit hospitals and affiliated health systems.

    By Susanna Vogel • July 19, 2023
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    Teladoc expands Microsoft partnership to add AI documentation tools

    The telehealth company plans to integrate Microsoft’s AI-enabled notetaking tools into its hospital platform, allowing physicians to automatically transcribe clinical notes during virtual patient exams.

    By July 18, 2023
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    FTC withdraws ‘outdated’ antitrust policy statements. Hospitals cry foul.

    Hospital groups said they were deeply disappointed with the decision, which removes a guidepost for those looking to consolidate without attracting the ire of regulators.

    By July 18, 2023
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    HCA faces class action lawsuit after data breach

    The largest health system in the country reported a data security incident this month after information was taken from an external storage location and posted online, affecting an estimated 11 million patients.

    By July 17, 2023
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    CMS floats 1.25% physician fee cut, 2.8% outpatient bump in new proposed rules

    Regulators also proposed stricter price transparency requirements on hospitals and expanded behavioral health payments in Medicare.

    By July 14, 2023
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    Share of physicians working in private practice continues to dip

    Over the past decade, the share of physicians working in private practice has declined as hospital systems, private equity firms and payers have acquired practices, according to a report from the American Medical Association.

    By Susanna Vogel • July 13, 2023
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    Johns Hopkins hit with class action suit following data breach

    The health system failed to implement safeguards to secure patients’ health information and provided insufficient details about the stolen data, the suit alleges.

    By July 12, 2023
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    HCA reports data security incident affecting estimated 11M patients

    The health system said data like name and contact details, but not clinical information, was stolen from an external storage location and posted online.

    By July 10, 2023
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    CMS to return $9B to 340B hospitals under new plan

    Hospital groups said the proposed rule is an important step toward restitution for years of 340B underpayments, but they criticized regulators for proposed rate decreases and a lack of additional interest payments.

    By July 10, 2023
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    Patients report acceptance of AI in healthcare, but don’t prefer it

    Though some patients believe using AI in healthcare could reduce medical bias and improve diagnostic accuracy, the vast majority would rather see a human for services ranging from diagnosing a rash to managing their diets.

    By Susanna Vogel • July 5, 2023
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    FDA seeks feedback on technologies to enable healthcare at home

    Regulators are asking for input on how the agency can support development of devices for use in non-clinical care settings and by diverse patient populations.

    By Nick Paul Taylor • June 30, 2023
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    SCOTUS affirmative action ruling sets back physician diversity efforts, healthcare groups say

    Medical leaders including the HHS argue the ruling against race-conscious admissions policies could roll back gains in the number of minority physicians and ultimately hurt health outcomes.

    By June 29, 2023
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    Healthcare costs will grow 7% next year, PwC finds

    Providers are expected to seek rate increases from payers as they struggle with labor costs, while health plans will face pressure from increased pharmaceutical expenses.

    By June 29, 2023