Mass General Brigham posts $949M net loss, cites ‘unprecedented’ pressures

The Boston-based health system struggled with cost inflation, labor shortages and capacity constraints in its fiscal third quarter.

By Susan Kelly • Aug. 16, 2022

Cardinal Health CFO will replace CEO Mike Kaufmann

Jason Hollar, who joined Cardinal as CFO in 2020, will lead the healthcare distributor starting in September.

By Samantha Liss • Aug. 15, 2022

Explore the Trendline➔

Payer/provider relationships

As M&A intensifies and companies embrace more holistic and value-based care models, partnerships have become more closely intertwined.

By Healthcare Dive staff

Joint Commission tackles health equity with new accreditation standards

The nonprofit organization said racial and ethnic disparities in healthcare are a quality and safety problem that requires a new approach.

By Susan Kelly • Aug. 15, 2022

Healthcare executive compensation grows in 2022

Median base salaries for executives at healthcare companies increased by 4.5% in the past year, according to consulting firm SullivanCotter.

By Hailey Mensik • Aug. 12, 2022

Intermountain’s Harrison plans to step down as CEO

After six years at the helm, Harrison plans to leave his post as president and CEO of Salt Lake City, Utah-based Intermountain Healthcare this fall.

By Samantha Liss • Aug. 12, 2022

New York judge dismisses surgeon’s lawsuit challenging surprise billing law

The lawsuit threatened to again expose millions of patients to surprise out-of-network bills.

By Samantha Liss • Aug. 11, 2022

Hospitals still fall short on price transparency, consumer group says

Hospitals pushed back on the Patient Rights Advocate report, which found that just 16% of hospitals were fully compliant with the price transparency law.

By Susan Kelly • Aug. 10, 2022

Profits climb for major insurers as hospital volumes drop in Q2

All but two of the seven largest insurers saw profits climb in the second quarter as hospital operators continued to struggle with weak volumes and higher labor costs amid record-high inflation.

By Samantha Liss • Aug. 9, 2022

HHS investing $60M to boost rural healthcare workforce

The latest funds build on $16 billion invested by the Biden administration to bolster rural healthcare last year, according to the HHS.

By Hailey Mensik • Aug. 9, 2022

Kaiser Permanente posts Q2 net loss of $1.3B

The Oakland, California-based integrated health system attributed the setback in its quarterly results to market investments.

By Susan Kelly • Aug. 9, 2022

CMS moves toward guidance on health equity, climate change

The CMS published feedback from commenters as the federal government and the Biden administration ramp up oversight of social issues.

By Sydney Halleman • Aug. 8, 2022

Sutter Health posts net loss for second straight quarter

Second quarter revenues failed to keep pace with rising costs at the Sacramento, California-based healthcare system.

By Susan Kelly • Updated Aug. 10, 2022

Healthcare industry nearly recovered from early pandemic job losses

Hospitals added about 13,000 jobs in July compared to about 20,000 in June, according to the Bureau of Labor Statistics.

By Hailey Mensik • Aug. 5, 2022

No ‘slam dunk fix’ in HIPAA privacy law to protect abortion patients

In an increasingly murky legal environment, providers should focus on minimizing and protecting the data they collect, experts said.

By Rebecca Pifer • Aug. 5, 2022

Fitch downgrades CHS from stable to negative after discouraging earnings report

The move reflects “significant increases in labor costs and weakness in volumes and acuity mix driving a downturn in the company's revenue and margin levels,” according to a release.

By Hailey Mensik • Aug. 4, 2022

Monkeypox declared federal public health emergency

“We're prepared to take our response to the next level in addressing this virus, and we urge every American to take monkeypox seriously and to take responsibility to help us tackle this virus,” HHS Secretary Xavier Becerra said.

By Hailey Mensik • Aug. 4, 2022

Hospitals have low level of accountability for connected device breaches

Of the 43% of organizations that reported a data breach in the past two years, 88% said at least one connected device was a contributing factor to the breach, according to a new report.

By Rebecca Pifer • Aug. 4, 2022

Volumes, net income down at for-profit hospitals in Q2

COVID-19 patient volumes fell rapidly from the first to second quarter across hospital chains as case counts waned, executives said on calls with investors.

Aug. 3, 2022

Thousands of Kaiser mental health clinicians to strike in Northern California

Psychologists, therapists, chemical dependency counselors and social workers plan to strike. They say they’re stretched too thin and unable to provide adequate care to patients.

By Hailey Mensik • Aug. 3, 2022

Providers say inpatient pay adjustment for inflation not sufficient

Groups like the American Hospital Association had asked for more adjustments, but the CMS declined to set aside its regulatory payment formula.

By Shannon Muchmore • Aug. 2, 2022

Ochsner finalizes merger with Rush Health, adding 7 hospitals

Louisiana-based Ochsner Health has a strong foothold in the Gulf South. The deal adds to its existing 40 hospitals in the region.

By Hailey Mensik • Aug. 2, 2022

Hospitals face sixth straight month of negative margins, report finds

Month-to-month increases in patient volumes were not enough to offset the growing cost of care, according to a Monday report from Kaufman Hall.

By Susan Kelly • Aug. 2, 2022

Physician resident salaries stagnate through pandemic

Nearly 30% of residents surveyed by Medscape said they feel fairly compensated for their work in 2022, compared with 62% in 2015.

By Hailey Mensik • Aug. 1, 2022

Geisinger appoints first chief wellness officer

As the Pennsylvania regional health system’s first chief wellness officer, Susan Parisi will oversee the system’s mental health, professional fulfillment and well-being strategies.

By Sydney Halleman • Aug. 1, 2022

New York sues CVS Health, alleging it deprived some hospitals of millions in 340B savings

CVS said in a statement that the “allegations are without merit and we will defend ourselves vigorously.”

By Samantha Liss • July 29, 2022