Mayo Clinic grew profits in Q1, despite rising expenses

The Rochester, Minnesota-based academic medical system reported increased admissions and revenue in the first quarter. Operating expenses also grew, largely due to salary and benefit costs.

By Emily Olsen • May 19, 2023

Pennsylvania unions file antitrust complaint against UPMC

The unions allege that UPMC, the largest private employer in the state, has used its market dominance to stamp out wage growth, “drastically increase” workload and keep workers from departing for other jobs.

By Rebecca Pifer Parduhn • May 19, 2023

Explore the 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

House committee centers blame on PBMs for rising healthcare costs

Conversation about pharmacy benefit management consolidation dominated the hearing, with lawmakers pointing to the middlemen as drivers of high health costs.

By Sydney Halleman • May 18, 2023

House Republicans target Biden admin over hospital price transparency noncompliance

To improve price transparency, the government could consider extending reporting requirements to more provider sites or making compliance a condition of participating in Medicare, witnesses testified in a Tuesday hearing.

By Rebecca Pifer Parduhn • May 17, 2023

CommonSpirit’s operating losses swell, sparking job cuts

Better investment returns due to a rebound in the financial markets helped mitigate CommonSpirit’s net loss, which reached $231 million in the quarter.

By Rebecca Pifer Parduhn • May 16, 2023

CommonSpirit taps TrinityHealth executive as new chief strategy officer

Effective June 5, Sheri Shapiro will be responsible for advancing market strategy for the Chicago-based health system, which operates 138 hospitals across 22 states.

By Sydney Halleman • May 12, 2023

Cano divesting non-core assets to bolster cash flow, CEO says

The primary care provider, which has been embroiled in a boardroom fight, is focused on improving profitability in its core Medicare Advantage business.

By Susan Kelly • May 11, 2023

Here’s what will change when the COVID public health emergency ends

Vaccines, which have been crucial to curbing the threat of the virus, will remain free for the vast majority of people in the U.S., but over-the-counter tests will no longer be covered for most.

By Shannon Muchmore • May 10, 2023

Premier explores strategic alternatives, including a sale

The group purchasing organization lowered its revenue outlook last week due to softer demand from its customers amid excess inventory levels.

By Susan Kelly • May 9, 2023

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

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

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 Parduhn • 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 Parduhn • 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