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

Explore the Trendline➔

Provider 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

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

Kaiser sets new record for annual net income with $8.1B

Kaiser, which noted its integrated business model also helped it weather the pandemic on strong financial footing, covered 12.5 million members at the end of 2021.

By Rebecca Pifer Parduhn • Feb. 14, 2022

Hospital leaders, Congress mull fixes to current staffing woes

The omicron variant is posing new challenges as staff call in sick or quit their jobs entirely for higher-paying traveling nurse positions. That's leaving hospitals in a bind as they treat higher acuity COVID-19 patients.

By Hailey Mensik • Feb. 11, 2022

'An ever-spiraling upward cycle': nonprofit hospital CEOs paid 8 times more than average worker

The pandemic has given hospitals (and especially their boards, which decide salary) the chance to rethink how they compensate CEOs. Researchers suggest hospitals look into aligning CEO salary with the value they create.

By Rebecca Pifer Parduhn • Feb. 11, 2022

Only 14% of hospitals comply with federal price transparency rules, advocacy group finds

The report said only two of 361 hospitals at three of the largest hospitals systems — HCA Healthcare, CommonSpirit Health and Ascension — were estimated to be in compliance with the federal standard.

By William Borden • Feb. 11, 2022

Healthcare staffing shortages 'rising concern' for medtechs: Moody's

In a recent quarterly report, Moody's Investors Service called out hospital labor shortages as having a potential material impact on procedures in 2022, even as the omicron surge begins to decline.

By Elise Reuter • Feb. 10, 2022

Ascension inks strategic relationship with Labcorp, expanding testing capabilities

Under the terms of the deal, Labcorp will manage Ascension's hospital-based laboratories in 10 states, and acquire select assets of the St. Louis-based system's outreach laboratory business.

By Rebecca Pifer Parduhn • Feb. 10, 2022

Tenet continues bet on ambulatory surgery centers to drive long-term growth

The hospital operator plans to buy 30 more centers from SurgCenter Development in 2022, in addition to the 16 it's already acquired this year, executives said on a earnings call Tuesday.

By Hailey Mensik • Feb. 9, 2022

Jury trial gets underway in antitrust suit against Sutter Health

The California hospital system is accused of wielding its market power to drive up health insurance premiums for hundreds of thousands of consumers.

By Susan Kelly • Feb. 9, 2022

Black women disproportionately concentrated in low-wage, hazardous healthcare jobs, study finds

The U.S.'s historical legacies of racism and sexism have shaped the employment trajectories of Black women, dating back to how care work was divided in slavery and domestic service, according to new research.

By Rebecca Pifer Parduhn • Feb. 8, 2022

Hospital-acquired COVID-19 infections rare and dropping, study suggests

In the last half of 2021, the rate of patients who contracted COVID-19 in a hospital rose at only half the rate as overall COVID-19 admissions, likely due to increased vaccination rates, researchers said.

By Rebecca Pifer Parduhn • Feb. 7, 2022

Staffing overtakes financial challenges as top concern among hospital CEOs, survey finds

While earlier shortages were characterized by staff calling in sick and school closures, stress and burnout now are leading to rising turnover with many healthcare personnel at their breaking points.

By Hailey Mensik • Feb. 7, 2022

Staffing firms defend traveling nurse rates as industry groups, Congress push for investigation

Legislators in some states are even looking to cap the rate hospitals can pay agencies for temporary nurses as worker shortages persist across the U.S.

By Hailey Mensik • Feb. 3, 2022

As hospitals sue over surprise billing ban, healthcare experts ask why

While provider associations take the battle to court, private equity backed physician groups are absent from the litigation.

By Samantha Liss • Feb. 1, 2022

Spectrum, Beaumont launch new system following merger

The combined organization — temporarily named BHSH System — will have a major presence in Michigan with 22 hospitals, a sizable outpatient business, a health plan covering 1 million people and combined revenue of $13 billion.

By Hailey Mensik • Feb. 1, 2022

Hospitals felt omicron's full force in late 2021, Kaufman Hall says

A respite from treating large volumes of COVID-19 patients was short-lived last fall as people with symptoms filled hospital emergency rooms and boosted visits in December, according to a new report.

By Susan Kelly • Feb. 1, 2022

Healthcare trends of 2022

U.S.-based digital health startups brought in almost $30 billion in 2021, nearly doubling the total investment from the prior year. Market watchers are wary on making forecasts that 2022 will break that record, but most are optimistic.

Jan. 31, 2022

Cleveland Clinic reports COVID-spurred financial windfall in 2021

The nonprofit has yet to publicly issue a comprehensive financial statement, but some initial figures illustrate how Cleveland Clinic — like some other major hospital chains — has actually prospered financially during the pandemic.

By Rebecca Pifer Parduhn • Jan. 31, 2022

Most doctors are compensated for volume, not value of care, research finds

Health systems used financial incentives for quality and cost performance measures, but the percentage of total physician compensation based on quality and cost was just 9% for primary-care providers, according to the study.

By Hailey Mensik • Jan. 28, 2022

Staffing agencies 'exploiting' nurse shortage, hospital lobby says in letter urging White House to investigate

With nurses in high demand, hospitals and nursing homes are forced to accept "exorbitant" rates set by staffing agencies, their lobbies argue.

By Samantha Liss • Jan. 28, 2022

3 key labor trends for hospitals in 2022

Hospitals are still grappling with rising turnover, widespread burnout and numerous staff calling in sick nearly two years after the pandemic began. It's unclear when it might get better — or how much worse it could get.

By Hailey Mensik • Jan. 27, 2022

HCA to build 5 new hospitals in Texas

The news comes on the heels of HCA's plans to build three new hospitals in Florida, another core market for the Nashville-based health system.

By Samantha Liss • Jan. 27, 2022