Hospitals: Page 52
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Deep Dive // Overturning of Roe v. WadeNo ‘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 Parduhn • Aug. 5, 2022 -
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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 -
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 -
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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 Parduhn • Aug. 4, 2022 -
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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 -
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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 -
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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 -
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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 -
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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 -
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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 -
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Healthcare remains costliest industry for data breaches
The cost of the average breach for healthcare increased by $1 million to $10.1 million. That's up more than 40% since the 2020 report by Ponemon and IBM Security.
By Shannon Muchmore • July 28, 2022 -
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CHS shares fall 36% after $326M Q2 loss
The for-profit hospital operator missed Wall Street expectations on revenue and saw admissions decline 3.4% year over year.
By Hailey Mensik • Updated July 28, 2022 -
Nurses at Mayo Clinic hospital in Minnesota vote to decertify union
The effort was driven by the National Right to Work Legal Defense Foundation, which also recently helped nurses at Maine Medical Center in Portland, Maine, initiate a vote to decertify their union.
By Hailey Mensik • July 27, 2022 -
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CMS targets maternal health, extends postpartum coverage
The strategy to improve outcomes and equity includes ensuring access to reproductive healthcare services and adopting a new “birthing-friendly” hospital designation.
By Susan Kelly • July 27, 2022 -
UHS net income cut in half as system predicts COVID impact will persist through 2022
The health system — which warned investors it was experiencing a significant shortfall in operational results in June — still performed better than analysts expected.
By Rebecca Pifer Parduhn • July 26, 2022 -
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HHS proposes reinstating nondiscrimination protections stripped by Trump administration
One notable change includes language around clinical algorithms, prohibiting discrimination through the use of that technology in healthcare settings.
By Hailey Mensik • July 26, 2022 -
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UHS explores joint ventures, aggressive managed care negotiations as costs increase
The system has been in conversation with acute care hospitals that have existing behavioral health services but feel they could be more efficient, CFO Steve Filton told investors Tuesday.
By Rebecca Pifer Parduhn • July 26, 2022 -
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U.S. News names Mayo top hospital again, adds cancer surgery ratings
U.S. News added three service areas of evaluation this year and also introduced "home time" as an outcome measure in certain ratings, reflecting patients' preference for recovering at home.
By Susan Kelly • July 26, 2022 -
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Ochsner piloting program to hire Ukrainian nurses
The system will offer eight nurses employment and assist them and their families in getting acclimated to their new communities. Nurses will be committed to their roles for at least two years.
By Hailey Mensik • July 25, 2022 -
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Tenet stock jumps as system reins in Q2 labor costs
However, the chain’s inpatient volumes fell year over year. Executives said a cybersecurity incident in April was partially to blame.
By Sydney Halleman , Hailey Mensik • July 22, 2022 -
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HCA beats Wall Street expectations in Q2 after earlier dip in guidance
The Nashville-based hospital operator beat Wall Street expectations on revenue, which rose about 3%, but net income slipped nearly 20% compared to the same time last year.
By Hailey Mensik , Sydney Halleman • July 22, 2022 -
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Tenet cybersecurity incident hits Q2 volumes
The hospital operator estimated the breach had a $100 million unfavorable EBITDA impact and said its systems have since been rebuilt.
By Hailey Mensik , Sydney Halleman • July 22, 2022 -
Courtesy of Sutter Health
Sutter inks 10-year contract with R1 RCM
SVB Leerink analysts noted Sutter runs on Epic EHR systems, while previous deals have mostly involved health systems using Cerner. That opens the door to further Epic deals, they said.
By Shannon Muchmore • July 21, 2022
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