Hospitals: Page 65
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Humana, Allina Health expand value-based care partnership in Minnesota
The insurer also announced it extended another value-based care partnership for Medicare Advantage members with Hutchinson Clinic, a physician group in central Kansas.
By Susan Kelly • Nov. 24, 2021 -
Weak investment markets drive Cleveland Clinic's income down 30%
Like its peers, the nonprofit giant reported expense growth outpacing revenue growth in the third quarter, though the disparity between the two wasn't as sharp as other systems'.
By Rebecca Pifer Parduhn • Nov. 24, 2021 -
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 -
Retrieved from United Nurses Associations of California/Union of Health Care Professionals on November 04, 2021
Kaiser Permanente's historic labor-management deal survives again
Over the years, workers describe a dwindling partnership. Some believe it is this deterioration that led the organization to where it is today — recently on the brink of a major work stoppage following disputes over a new contract.
By Samantha Liss • Nov. 23, 2021 -
Biden admin investing $1.5B to quell healthcare staffing shortages, promote workforce equity
The funding will go toward scholarship and loan repayment programs for healthcare students committing to work in hard-hit and high-risk communities, according to the White House.
By Hailey Mensik • Nov. 23, 2021 -
Advocate Aurora hit by margin pressure in Q3
The nonprofit system saw a major increase in spending on contracted medical services as well as a jump in supply costs.
By Samantha Liss • Nov. 23, 2021 -
Labor, supply chain pressures mount for US hospitals, Fitch says
Staffing shortages, higher transportation costs and trouble sourcing some materials threaten healthcare revenue and operating margins in the near term, the ratings agency said.
By Susan Kelly • Nov. 22, 2021 -
Surprise Billing
Ground ambulances, excluded from surprise billing ban, to get scrutiny from federal committee
Recommendations from the new federal advisory committee will help inform policy changes to improve how charges and fees for ground ambulance services are disclosed to consumers, CMS said.
By Hailey Mensik • Nov. 22, 2021 -
Ascension reports second-highest COVID-19 inpatient count
The St. Louis-based nonprofit reported operating income of $25 million for the quarter, a steep decline from the prior-year period.
By Samantha Liss • Nov. 22, 2021 -
Mayo Clinic reports jump in operating income during Q3
The Rochester, Minnesota-based nonprofit reported robust financial results as revenue grew 10%, outpacing expense growth during a quarter in which rising costs challenged many systems due to heightened labor demands.
By Samantha Liss • Nov. 19, 2021 -
30% of hospital healthcare workers remained unvaccinated as of September
Healthcare workers in children's hospitals had the highest vaccination rates, along with those working in metropolitan counties, according to the analysis of Centers for Disease Control and Prevention data.
By Hailey Mensik • Nov. 18, 2021 -
Surprise Billing
Congress, alongside provider and consumer groups, continues spat over surprise billing ban rules
While payers and providers must start complying with the No Surprises Act by Jan. 1, the fight over rules implementing the ban is heating up as provider groups object to what they think is a favoring of insurers.
By Hailey Mensik • Nov. 17, 2021 -
CMS guides hospitals on co-location of staff, services
The agency's final guidance on the practice of sharing resources in an effort to improve provider efficiency drew praise from the American Hospital Association.
By Susan Kelly • Nov. 17, 2021 -
CommonSpirit continuing to pursue Midwest deal as delta pressures operations
The nonprofit is currently in discussions with an undisclosed third party to negotiate the divestiture of its North Dakota and Minnesota facilities, according to its first quarter results.
By Rebecca Pifer Parduhn • Nov. 17, 2021 -
Providence posts operating loss amid delta surge
The nonprofit's volumes increased even though its COVID-19 census plateaued later in the quarter, as patients who deferred care during the pandemic sought treatment, hiking expenses.
By Rebecca Pifer Parduhn , Samantha Liss • Nov. 16, 2021 -
Baylor Scott & White sees income dip in Q1 as costs climb
Labor costs at the largest nonprofit health system in Texas surged 12% in the quarter ended in September, contributing to a 7% drop in income from operations.
By Susan Kelly • Nov. 15, 2021 -
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Nov. 15, 2021 -
Retrieved from United Nurses Associations of California/Union of Health Care Professionals on November 04, 2021
Kaiser Permanente strike averted as union reaches tentative agreement
The work stoppage, which would have been the largest in the U.S. so far this year, had the potential to significantly disrupt operations at the nonprofit's 14 hospitals and more than 200 clinics in the region.
By Shannon Muchmore • Nov. 13, 2021 -
Advocate Aurora bumps minimum wage to $18 per hour
The pay increase will affect roughly 41% of the health system's more than 75,000 employees. Workers set to see a boost in pay include food and environmental service workers, pharmacy techs and licensed practical nurses.
By Samantha Liss • Nov. 12, 2021 -
Leapfrog Group's hospital safety grades this fall stay steady from pre-pandemic
The five states with the highest percentage of A-scoring hospitals were Virginia, North Carolina, Idaho, Massachusetts and Colorado.
By Hailey Mensik • Nov. 10, 2021 -
1 in 3 patients defer healthcare due to existing medical debt, TransUnion finds
The credit bureau's healthcare data analytics unit also reported a 55% rise in financial assistance transactions from September 2020 to September 2021.
By Susan Kelly • Nov. 10, 2021 -
Tenet inks another $1B deal with SurgCenter Development for ambulatory surgery centers, long-term partnership
Analysts characterized the deal as savvy and said it will reshape the company's earnings towards a "faster growing, higher margin, and improved capital return profile."
By Samantha Liss • Nov. 9, 2021 -
Kaiser's operating margin dwindles as COVID-19 expenses, labor costs rise
Along with ongoing pandemic stresses, the California nonprofit is facing rising expenses amid intense workforce pressure as it faces the start of a major strike next week.
By Rebecca Pifer Parduhn • Nov. 8, 2021 -
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Nov. 8, 2021 -
Catholic Health workers ratify contract agreements, plan to return to work this week
Union members voted Monday to ratify six contracts covering about 2,500 employees with a vote of 94% in favor, ending the strike that had nearly reached the 40-day mark at Mercy Hospital in New York, union officials said.
By Hailey Mensik • Updated Nov. 9, 2021 -
Retrieved from United Nurses Associations of California/Union of Health Care Professionals on November 04, 2021
Kaiser healthcare workers to go on strike
The work stoppage could pose a significant challenge to operations in Kaiser's southern California market, where the unions poised to strike represent about 37% of the system's workforce in the region.
By Samantha Liss • Updated Nov. 5, 2021