Hospitals: Page 57
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Providence operating loss more than doubled in 2021 as nurse shortage spurred higher labor costs
Providers are seeing expenses tied to salaries and benefits accelerate due to staffing shortages exacerbated by COVID-19.
By Samantha Liss • March 10, 2022 -
Amwell partners with electronics giant LG to develop digital health tools
The new partnership may be a bid to rejuvenate Amwell's hospital revenue, which saw tepid growth last year as major health systems have delayed new hardware deployments during COVID-19.
By Rebecca Pifer • March 10, 2022 -
Explore the Trendline➔
Yujin Kim/Healthcare Dive
TrendlinePayer/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 -
Deep Dive
Threats, obscenities, homicide: Healthcare workers stressed by pandemic face elevated violence
Millions of healthcare workers across the country are becoming inured to workplace violence, which can range from verbal abuse and threats to physical attacks and even homicide.
By Hailey Mensik • March 9, 2022 -
OSHA stepping up hospital inspections for COVID-19 mitigation efforts
The agency will ramp up investigations at healthcare facilities that previously received pandemic-related citations or complaints to make sure they're effectively prepared and able to prevent the rise of potential variants.
By Hailey Mensik • March 9, 2022 -
Hospital ownership affects services provided, study suggests
Despite controversy over nonprofits' tax exemptions, the study argues it's important to consider what services hospitals offer when evaluating their social value.
By Rebecca Pifer • March 8, 2022 -
Pricier care correlated with lower mortality, but only in competitive hospital markets, study finds
Patients admitted to more expensive hospitals in competitive markets had a 35% lower chance of mortality, but higher costs weren't correlated with better outcomes in less competitive areas, NBER found.
By Susan Kelly • March 7, 2022 -
Healthcare job gains in February far exceed recent months
Healthcare added 64,000 jobs last month, though employment in the sector is still down by about 306,000 jobs, or 1.9%, since February 2020.
By Hailey Mensik • March 4, 2022 -
Tenet ditches plan to spin off Conifer
The company's decision to retain Conifer in-house closes the chapter on a long process over the uncertain future of the subsidiary that first began in 2017.
By Samantha Liss • March 2, 2022 -
Hospital margins plummeted in January amid omicron
Providers and patients again delayed non-emergent care, either to mitigate the spread of the virus or preserve resources for patients with more urgent needs, according to Kaufman Hall.
By Hailey Mensik • March 1, 2022 -
Mayo Clinic's 2021 operating income climbs to $1.2B
In reporting its annual results, Mayo Clinic also said it is giving eligible staff members a 4% minimum salary increase in 2022.
By Susan Kelly • March 1, 2022 -
HHS received almost 300 info blocking claims since April, with majority lodged against providers
It's unclear what percentage of the claims are substantiated, though 77% of the possible claims of information blocking are against healthcare providers.
By Rebecca Pifer • March 1, 2022 -
Healthcare sector on alert for cyber threats in wake of Russia's invasion of Ukraine
AHA is especially concerned that some hospitals were collateral damage after Russia targeted Ukraine in a 2017 cyberattack that quickly spilled worldwide.
By Samantha Liss • Feb. 28, 2022 -
For-profits focus more on outpatient care as inpatient volume remains depressed
Inpatient volumes for non-COVID-19 care have flagged throughout the pandemic, leading some operators to focus more heavily on outpatient service lines like ASCs and freestanding emergency departments.
By Hailey Mensik • Feb. 28, 2022 -
Rhode Island's largest health systems abandon merger after FTC sues to block union
Lifespan and Care New England's boards decided "not to pursue litigation," according to a joint statement released Wednesday.
By Hailey Mensik , Samantha Liss • Feb. 24, 2022 -
Surprise Billing
Texas judge throws out piece of surprise billing rule in win for providers
The ruling tosses out the part of the rule that instructs arbiters must begin with the presumption that the qualifying payment amount, or median in-network rate, is the appropriate out-of-network amount to be paid to providers.
By Samantha Liss • Feb. 24, 2022 -
Another survey shows pandemic's persisting toll on healthcare workforce
Over half of the healthcare workers recently surveyed by USA Today and Ipsos Research said they are burned out. Nearly 40% agree with the statement: "The American healthcare system is on the verge of collapse."
By Hailey Mensik • Feb. 23, 2022 -
As pandemic lingers, more nurses consider leaving their jobs, survey finds
Roughly a third of nurses surveyed by McKinsey said they're considering quitting their jobs. That's up from 22% in a poll conducted last February.
By Hailey Mensik • Feb. 22, 2022 -
Ascension's Q2 profit falls amid omicron surge
Ascension's operating margin in the first six months of its fiscal year fell to 0.2% from 5.7% the year prior as it faced a host of challenges.
By Samantha Liss • Feb. 22, 2022 -
Nurses at Massachusetts Tenet hospital will keep union following decertification vote
Following a 10-month-long strike last year, the nurses voted in favor of keeping the union in a 302-133 vote, and will stay represented by the Massachusetts Nurses Association.
By Hailey Mensik • Updated March 1, 2022 -
Carol Highsmith. (2005). "Apex Bldg." [Photo]. Retrieved from Wikimedia Commons.
FTC sues to block Rhode Island's largest health systems from merging
Regulators allege a union between Lifespan and Care New England would increase prices and diminish quality as the combined system would control at least 70% of the state's hospital market.
By Samantha Liss • Feb. 18, 2022 -
AstraZeneca notches win in ongoing 340B legal fight
The decision vacates a violation letter HHS sent to the drugmaker that argued it was illegally restricting discounts on drugs providers delivered through contract pharmacies.
By Shannon Muchmore • Feb. 17, 2022 -
Nonprofit hospitals may provide less community benefit than for-profits in some states, study suggests
The results raise questions about the magnitude of tax subsidies nonprofits receive, and whether policymakers should better tie subsidies to facility performance in providing community benefit.
By Hailey Mensik • Feb. 16, 2022 -
CommonSpirit posts operating loss in quarter, hurt by surging labor costs
One of the nation's largest nonprofit health systems also disclosed an agreement to acquire a pair of hospitals in the central U.S. for $135 million.
By Susan Kelly • Feb. 16, 2022 -
Baylor Scott & White's income slumps as expenses climb
Like other healthcare providers, Texas' biggest nonprofit hospital system is contending with rising labor and supply costs and softer income as the country enters the third year of the COVID-19 pandemic.
By Susan Kelly • Feb. 15, 2022 -
CMS delays hospital star ratings release
The updated five-star ratings are now expected in July instead of April after the agency identified an error in one of the measures.
By Samantha Liss • Feb. 15, 2022