Hospitals: Page 63
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Mayo Clinic's financials see sharp Q2 rebound
While the report was generally upbeat, the system warned “COVID-19 could still negatively affect the operating margins." And results don't include the late summer surge due to the delta variant that has hammered some regions.
By Ron Shinkman • Aug. 22, 2021 -
Hospital patient volumes match 2019 levels, will exceed them next year
Hospital executives surveyed by McKinsey also said they will focus on growing surgical volumes — which took a huge hit in the early days of the COVID-19 pandemic in the U.S. — but will shift more of them to the outpatient setting.
By Ron Shinkman • Aug. 20, 2021 -
Explore the Trendline➔
Yujin Kim/Healthcare DiveTrendlinePayer/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 -
AHA moves to shift cost blame to health plans in letter to antitrust regulators
The letter included an updated AHA-funded study on the benefits of hospital mergers, which was previously criticized by outside experts for cherry-picked data, among other methodological weaknesses.
By Rebecca Pifer • Aug. 19, 2021 -
Opinion
The federal price transparency rules have critical gaps that must be addressed to achieve their objectives
Castlight Health CEO Maeve O'Meara argues that if regulations aren't implemented in a meaningful way for consumers, the efforts will likely fail to inform healthcare decision making and achieve the desired cost savings.
By Maeve O'Meara • Aug. 18, 2021 -
Burnout, delta variant boost demand for traveling nurses again
Hospitals are probably paying 10% to 20% more than they were during previous COVID-19 waves for travel nurses, Kathy Kohnke, senior vice president of client relations at Fastaff, said.
By Hailey Mensik • Aug. 18, 2021 -
Patients were still hesitant to seek medical care out of virus fears this spring, survey finds
Despite reopenings, one in 10 nonelderly adults put off needed medical care this spring, an April survey from the Urban Institute funded by the Robert Wood Johnson Foundation found.
By Hailey Mensik • Aug. 18, 2021 -
Providence posts H1 operating loss amid increased labor costs
As more patients returned for care, the Washington state-based system's expenses increased to meet demand and was further stressed by worker shortages.
By Samantha Liss • Aug. 18, 2021 -
HHS OIG backs nixing capital cost exemption for new hospitals
Currently, new facilities help pay for their capital costs through a special exemption. An HHS watchdog says Medicare could see significant cost savings if regulators did away with the carveout.
By Samantha Liss • Aug. 17, 2021 -
HIMSS21
AI gains steam, though some execs still not sold at HIMSS21
Data released Wednesday finds 7% of healthcare executives said they believe AI and machine learning are the top priority for the future, while 7% called them a "distraction."
By Rebecca Pifer • Aug. 13, 2021 -
Deep Dive // HIMSS21
Predicting the future of healthcare: 10 takeaways from HIMSS21
Along with "guarded optimism" on the current state of the pandemic, some 19,000 on-site attendees in Las Vegas mulled what's next for AI, telehealth, cybersecurity, mental health and more.
By Rebecca Pifer , Hailey Mensik • Aug. 13, 2021 -
Deep Dive // HIMSS21
8 insights from a chat with Joe DeVivo, Teladoc's head of hospitals and health systems
DeVivo hinted at joint R&D with tech behemoth Microsoft, a future API marketplace and where Teladoc sees virtual visits stabilizing post-pandemic.
By Rebecca Pifer • Aug. 12, 2021 -
HIMSS21
Health equity takes center stage at HIMSS21
Significant racial gaps in receiving vaccinations remain, despite the ongoing push to inoculate a greater swath of the U.S. population as the delta variant drives a surge in COVID-19 cases.
By Rebecca Pifer • Aug. 11, 2021 -
HIMSS21
Should healthcare organizations pay to settle a ransomware attack? Experts weigh in at HIMSS21
"I don't think there's a single yes or no," said Michael Coates, former chief information security officer for Twitter.
By Rebecca Pifer • Aug. 11, 2021 -
HCA accused of hospital monopoly in North Carolina
After acquiring Mission Health System in 2019, the hospital operator has continued tactics of all-or-nothing arrangements with payers and gag clauses, driving up prices and insurance premiums, the class action complaint alleges.
By Shannon Muchmore • Aug. 11, 2021 -
HIMSS21
Rethinking healthcare workers' roles post-pandemic
Healthcare employers need to consider how to make front-line caregiving a more sustainable career, and how they'll leverage technology to accomplish that — all while the workforce suffers significant burnout, experts said.
By Hailey Mensik • Aug. 11, 2021 -
Kaiser Permanente's Q2 profit down one-third despite revenue climb
The integrated health system remained in the black for the quarter ending June 30, but rising costs associated with COVID-19 are eating into its bottom line.
By Ron Shinkman • Aug. 10, 2021 -
Tenet CEO Rittenmeyer stepping down, Sutaria to take post
Suam Sutaria will take over Sept. 1, after serving as COO since joining the for-profit chain in January 2019. Both the executives' pay packages have come under fire.
By Shannon Muchmore • Aug. 10, 2021 -
Delaware caps hospital price growth to fund more primary care
Gov. John Carney signed the multi-pronged healthcare bill on Friday. "As I think about the things, particularly in healthcare that we focus on, there's not much that's more important than this," he said.
By Samantha Liss • Updated Oct. 5, 2021 -
HIMSS21
5 must-watch panels at an unprecedented HIMSS21
Masks and proof of vaccination will be required on the ground in Las Vegas, and a corresponding digital event will also take place.
By Rebecca Pifer • Aug. 5, 2021 -
After controversial approval, doctors are still debating how to use Biogen's Alzheimer's drug
Nearly two months since Aduhelm became available, many physicians have yet to use the first treatment approved in the U.S. to slow Alzheimer's disease.
By Jacob Bell • Updated Aug. 3, 2021 -
Despite volume rebound, hospital margins still tight from pandemic, Kaufman Hall says
Health system revenues in June surpassed both 2019 and 2020 levels, though expenses were higher than two years ago, the report found.
By Hailey Mensik • Aug. 3, 2021 -
Medicare-reliant hospitals perform worse financially, more likely to face closure or acquisition: Health Affairs
But researchers cautioned policymakers not to view the results as a reason to avoid reducing Medicare reimbursement.
By Samantha Liss • Aug. 3, 2021 -
For-profit hospitals saw volumes rebound in Q2, but delta variant poses threat
Some services were near or back to pre-pandemic levels in the second quarter, though others like ER visits are still lagging. At the same time, increasing cases of the delta variant could hinder full business recoveries this year.
Aug. 2, 2021 -
DOJ joins lawsuits alleging Kaiser Permanente committed Medicare fraud
Attempts to "defraud the program cannot continue and will be pursued," DOJ officials said in statement announcing the action against the California-based system.
By Samantha Liss • Aug. 2, 2021 -
CHS profit down in Q2 but buoyed by non-COVID-19 care
Jefferies analysts said in a Thursday note they view the results positively, especially a jump in surgeries and "healthy organic growth trends." Still, CHS' stock was trading down about 8% Thursday morning.
By Hailey Mensik • July 29, 2021