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 Rebecca Pifer Parduhn • Aug. 2, 2023 -
Retrieved from Tenet Healthcare Corporation on August 01, 2023
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 -
Explore the Trendline➔
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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 -
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 Emily Olsen • Aug. 1, 2023 -
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 Emily Olsen • July 31, 2023 -
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 -
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 -
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 -
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 -
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 -
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 Emily Olsen • July 25, 2023 -
Carol Highsmith. (2005). "The Apex Building" [Photo]. Retrieved from Wikimedia Commons.
Deep DiveNew 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 Rebecca Pifer Parduhn • July 21, 2023 -
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 Emily Olsen • July 21, 2023 -
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 -
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 Emily Olsen • July 18, 2023 -
Carol Highsmith. (2005). "Apex Bldg." [Photo]. Retrieved from Wikimedia Commons.
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 Rebecca Pifer Parduhn • July 18, 2023 -
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 Emily Olsen • July 17, 2023 -
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 Sydney Halleman • July 14, 2023 -
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 -
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 Sydney Halleman • July 12, 2023 -
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 Emily Olsen • July 10, 2023 -
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 Rebecca Pifer Parduhn • July 10, 2023 -
Retrieved from Adobe Stock.
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 -
Retrieved from Istock.
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 -
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 Emily Olsen • June 29, 2023 -
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 Emily Olsen • June 29, 2023