Hospitals: Page 61
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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 -
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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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Surprise BillingTexas 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 -
Permission granted by Massachusetts Nurses Association
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 -
Adeline Kon/Healthcare Dive/Healthcare Dive
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 -
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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 -
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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 -
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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 -
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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 -
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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 -
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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 -
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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
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