Hospitals: Page 4

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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Kaiser reports $4.1B net gain in 2023 on improved investments

    The nonprofit’s financial rebound followed a difficult 2022 in which the operator reported a $4.5 billion net loss.

    By • Feb. 12, 2024
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    Lawsuit accuses Advocate Aurora of charging ‘eye-watering’ prices

    The lawsuit accuses the health system of using acquisitions, noncompetes and gag clauses to create a monopoly and increase prices.

    By • Feb. 12, 2024
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    Labor

    Disputes between hospitals and workers are likely to continue even as the pandemic’s greatest impacts subside — a source of friction that could leave patients caught in the middle.

    By Healthcare Dive staff
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Tenet says its upcoming ‘new era’ will be fueled by ambulatory surgeries

    The Dallas-based provider also reported fourth quarter earnings on Thursday that beat Wall Street’s expectations for revenue.

    By • Feb. 8, 2024
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    AHA calls for more payer oversight in No Surprises dispute resolution

    In comments on a proposed rule, the American Hospital Association argued regulators haven’t fully addressed how they’ll handle oversight for some situations, like when an insurer fails to pay after a dispute determination.

    By • Feb. 7, 2024
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    HHS settles cybersecurity investigation with Montefiore Medical Center

    The nonprofit will pay $4.75 million to settle allegations that data security failures allowed an employee to steal and sell the protected health information of thousands of patients.

    By • Feb. 7, 2024
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    Chicago children’s hospital begins reactivating patient portal 6 weeks after cyberattack

    While Lurie Children's Hospital is working to restore functions like online scheduling and bill pay, it doesn’t have an estimate of when the work will be complete.

    By • Updated March 15, 2024
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    UCSF Health to acquire two Dignity hospitals in San Francisco

    The purchase comes as Dignity’s parent CommonSpirit Health has struggled financially, posting a $441 million operating loss in its first quarter.

    By • Feb. 6, 2024
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    HCA Healthcare taps new CIO

    The announcement comes a week after the for-profit operator also announced a replacement for its CFO.

    By • Feb. 6, 2024
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    Healthcare job growth reached three-decade high in 2023

    The sector added 650,000 jobs over the year — its most prolific year of growth in decades.

    By • Feb. 5, 2024
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    Providence erases or refunds $158M in medical bills

    The Renton, Washington-based nonprofit health system plans to spend millions to settle allegations it skirted charity care obligations between 2018 and 2023.

    By • Feb. 2, 2024
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    Atlantic Health System, Saint Peter’s Healthcare System look to merge

    The letter of intent comes about a year and half after a proposed deal between Saint Peter’s and RWJBarnabas Health fell apart following regulatory scrutiny.

    By • Feb. 1, 2024
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    UCI Health completes $975M purchase of 4 Tenet hospitals

    Tenet's latest hospital sale comes as the operator looks to pare down its debt.

    By • Updated March 28, 2024
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    CHS migrates to Google Cloud data platform, adopts generative AI tools

    The for-profit hospital operator said it will use the artificial intelligence in operations tracking, clinical documentation and administrative tasks.

    By • Jan. 31, 2024
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    Advocate taps new chief people, culture officer

    Effective March 18, Nakesha Lopez will lead human resource and people programs for the 68-hospital nonprofit.

    By • Jan. 30, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    HCA beats Q4 expectations, outlines 2024 expansion

    Executives also announced the retirement of longtime CFO Bill Rutherford during a Tuesday earnings call.

    By • Jan. 30, 2024
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    Low operating margins will be new normal for some nonprofit hospitals: Fitch

    The sector's recovery from the COVID-19 pandemic has been slower than expected. In a new report, the credit agency said some hospitals may never reach traditionally healthy operating margins. 

    By • Jan. 30, 2024
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    Healthcare labor churn increased through 2021, study finds

    To keep up with elevated COVID-19 turnover, healthcare organizations hired more workers who were unemployed or hadn't previously worked in the industry, according to a study published in JAMA.

    By • Jan. 29, 2024
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    Penn Medicine ends plans to buy hospital from Tower Health

    Cash-strapped Tower has been trying to sell Brandywine Hospital even before the facility's closure in 2022.

    By • Jan. 29, 2024
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    Sponsored by Public Agenda

    Healing the system: Advancing economic mobility and healthcare innovation through education partnerships

    Partnerships between higher education and healthcare organizations can build public trust, enhance economic mobility and rejuvenate the healthcare industry.

    By Becky Hultberg, President and CEO, Hospital Association of Oregon • Jan. 29, 2024
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    Troubled Steward Health Care announces yet another facility closure

    The financially strapped for-profit healthcare network plans to shutter services at the Medical Center of Southeast Texas on Feb. 2.

    By • Jan. 26, 2024
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    FTC sues to block Novant purchase of two CHS hospitals

    Regulators filed a lawsuit on Thursday to block North Carolina-based Novant Health from expanding its grip on healthcare in the state, warning a buy would increase costs.

    By • Jan. 25, 2024
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    Appeals court rejects doctors’ challenge to No Surprises Act

    A three-judge panel of the Second Circuit Appeals Court has dismissed claims from a New York medical group that the law amounts to an unconstitutional seizure of their property.

    By • Jan. 25, 2024
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    Cleveland Clinic

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    Cleveland Clinic to focus on ‘smart growth,’ cutting costs this year

    During an annual address, executives outlined plans to build sustainably — with technology investments —  after the operator posted a profit last year.

    By • Jan. 25, 2024
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    Marshfield Clinic to close Wisconsin hospice center due to ‘limited resources’

    The announcement comes weeks after the financially troubled health system called off merger discussions with Duluth, Minnesota-based Essentia Health.

    By • Jan. 24, 2024
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    Lawmakers press Steward Health Care over reports of ‘grave financial distress’

    Lawmakers demanded the operator detail how it will "ensure the communities Steward’s hospitals serve are not abandoned" amid financial troubles.

    By • Jan. 24, 2024