Hospitals: Page
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Why the Mayo Clinic commercialized its supply chain services
The health system's approach to supply chain monetization brought in revenue and drove savings by focusing on purchasing and freight services.
By Deborah Abrams Kaplan • Aug. 15, 2023 -
Definitive Healthcare acquires data analytics startup Populi for $52M
The deal comes weeks after Definitive Healthcare announced layoffs.
By Emily Olsen • Aug. 15, 2023 -
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TrendlineSurprise Billing
Federal legislation banning surprise bills has hit a barrage of roadblocks, complicating efforts to protect consumers from unexpected out-of-network charges.
By Healthcare Dive staff -
Mass General Brigham posts positive operating margin in Q3 after high 2022 losses
The Boston-based health system posted an improvement in revenue and operating income after it was placed on a financial improvement plan by the state last year.
By Susanna Vogel • Aug. 15, 2023 -
Labcorp scoops up Tufts Medicine outreach lab, continuing buying spree
As the laboratory services giant continues its acquisition streak, hundreds of employees will be let go at the Boston-based academic health system.
By Susan Kelly • Aug. 15, 2023 -
Demand for nurse practitioners exceeded other specialty providers, report finds
For the third year in a row, demand for nurses surpassed what’s been seen in other specialties, according to a report from staffing firm AMN Healthcare.
By Susanna Vogel • Aug. 14, 2023 -
AdventHealth sues MultiPlan for alleged ‘cartel’ with health insurers to fix prices
The health system alleges providers have lost at least $19 billion per year as a direct result of MultiPlan’s anticompetitive agreements with major payers, including UnitedHealth, Aetna and Elevance.
By Rebecca Pifer Parduhn • Aug. 14, 2023 -
NLRB says HCA Healthcare ‘unilaterally implemented’ pandemic pay program without union’s input
The NLRB ordered the hospital system to rescind its pandemic pay program.
By Ginger Christ • Aug. 11, 2023 -
Healthcare M&A hit three-year low in Q2, report finds
Continuing financial pressures could keep deal-making low in the second half of the year, but M&A could heat up in early 2024, a new KPMG report finds.
By Emily Olsen • Aug. 10, 2023 -
For-profit hospitals beat Q2 expectations on rising admissions, expense improvements
Rebounding volume, including increased demand for elective surgeries, boosted toplines for HCA, Tenet, CHS and UHS in the second quarter.
By Susanna Vogel • Aug. 10, 2023 -
Hospital prices twice as high for commercial plans than MA when negotiated by same payer, study finds
Large national insurers had higher price ratios than other payers, an analysis in Health Affairs found.
By Emily Olsen • Aug. 9, 2023 -
Hospital CEO turnover remained low in 2022, but recent data suggests uptick
Hospital CEO turnover remained depressed last year, according to one report, but separate research suggests executive changes were on the rise as of June.
By Susanna Vogel • Aug. 9, 2023 -
Senators crack down on nonprofit hospitals’ charity care, tax-exempt status
The letter, sent by a bipartisan group of senators to tax commissioners, comes as the federal government increases scrutiny into nonprofit hospitals’ charity care spending.
By Sydney Halleman • Aug. 9, 2023 -
Hospitals’ data breach risk doubles just before and after M&A, research finds
The complexity of combining IT systems and increased media attention before a deal could explain hospitals’ increased vulnerability, according to the paper.
By Emily Olsen • Aug. 8, 2023 -
Cleveland Clinic hires first chief analytics officer
Albert Marinez, who previously held a similar role at Intermountain Health, will focus on using data to cut costs and improve patient care.
By Emily Olsen • Aug. 8, 2023 -
Texas judge rules in favor of doctors in latest suit over surprise billing process
The decision is expected to increase the number of claims providers file in the independent dispute resolution process, especially for smaller amounts, according to a health lawyer.
By Rebecca Pifer Parduhn • Aug. 7, 2023 -
Kaiser Permanente in the black for second quarter, after loss in 2022
CFO Kathy Lancaster said Kaiser is ready to face the second half of the year after posting a $2.1 billion profit in the second quarter.
By Susanna Vogel • Aug. 7, 2023 -
Health insurers ignore surprise billing decisions, providers allege
Payers didn’t reimburse doctors in more than half of arbitration award cases, according to a survey from clinician group Americans for Fair Health Care.
By Rebecca Pifer Parduhn • Aug. 4, 2023 -
Centura fold finalized; CommonSpirit and AdventHealth divvy up hospital portfolio
On Monday, the two health systems announced their joint venture, Centura Health, has officially dissolved after almost three decades.
By Susanna Vogel • Aug. 3, 2023 -
CHS announces new strategic initiatives to get back in black
After CHS posted a net income loss of $38 million on Wednesday, leadership told investors they have a plan to recover.
By Susanna Vogel • Aug. 3, 2023 -
How Henry Ford Health uses data to combat inflation and improve its supply chain
The health system leverages data to track costs, engage with suppliers and fortify itself against future disruptions.
By Deborah Abrams Kaplan • Aug. 3, 2023 -
Hospital mergers led to diminished quality of care, Elevance study finds
The study from the Blues payer is the latest finding hospital acquisitions lead to increased readmissions and higher costs for patients.
By Susanna Vogel • Aug. 2, 2023 -
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 -
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