Hospitals: Page 71
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S&P upgrades view on nonprofit health sector as COVID-19 cases drop
Headwinds remain, notably labor expenses as burnout among staff was heavily exacerbated by the pandemic, analysts noted.
By Shannon Muchmore • June 24, 2021 -
Hospitals, nurses tussle in contract negotiations as pandemic highlights complaints
The Cook County nurses reached a deal on a new contract and the healthcare workers at the University of Southern California will vote next week to ratify a new contract. Meanwhile 1,400 other nurses at USC are striking this week.
By Hailey Mensik • Updated July 13, 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 -
Deep Dive
Legacy medical devices, growing hacker threats create perfect storm of cybersecurity risks
Aging medtech and increasingly sophisticated criminals are leaving hospitals highly vulnerable to attacks.
By Greg Slabodkin • June 23, 2021 -
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LifePoint to acquire Kindred, adding long-term and rehab facilities to its footprint
The private-equity backed companies did not disclose terms, but jointly took in about $14 billion in combined revenue in 2017, the last year of publicly disclosed information about their operations.
By Ron Shinkman • June 22, 2021 -
Justin Sullivan via Getty Images
New York passes safe staffing law for hospitals, nursing homes
"This law doesn't state that ratios must be stipulated, but inevitably that's what it means," said Judy Sheridan-Gonzales, president of the New York State Nurses Association.
By Hailey Mensik • June 22, 2021 -
Adeline Kon/Healthcare Dive
Black patients were more likely to die of COVID-19 largely due to inferior hospitals
A recent study in JAMA Network Open showed how inequities in housing influence where Black people seek care and how that affects the quality of care they receive.
By Samantha Liss • June 21, 2021 -
Courtesy of Spectrum Health
In latest merger bid, Beaumont seeks union with Spectrum Health to create $13B system
It's the third large-scale attempt for a deal by Southfield, Michigan-based Beaumont since 2019.
By Rebecca Pifer Parduhn • June 18, 2021 -
Getty / Edited by Healthcare Dive
Tenet to sell 5 Florida hospitals for $1.1B as it doubles down on surgery centers
The sale will not include the hospital chain's ambulatory surgery centers in the state, further underscoring its strategic focus.
By Samantha Liss • June 17, 2021 -
State employee health plans know hospitals drive most costs, but struggle to make a dent
Most states instead focus on attempting to control prescription drug costs and lower utilization, according to the Georgetown University's Center on Health Insurance Reforms' poll.
By Shannon Muchmore • June 16, 2021 -
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Physicians, patients see race and trust in healthcare differently, poll finds
Patients' trust in their primary doctor rises with age and income, though 12% of respondents said they have been discriminated against by a healthcare facility, according to the survey from NORC at the University of Chicago.
By Hailey Mensik • June 15, 2021 -
Majority of hospitals not complying with price transparency rule: JAMA
"Compliance may increase over time, but the early selective compliance suggests reluctance that may persist," researchers said, suggesting policymakers consider stiffer penalties than the current $300 a day fine.
By Rebecca Pifer Parduhn • June 15, 2021 -
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Providers ask HHS for more flexibility in deadlines to use COVID-19 relief funds
The American Hospital Association wrote that the previous guidance limiting new deadlines to funds received after June 2020 "disadvantages certain providers without providing a clear policy rationale."
By Shannon Muchmore • Updated June 24, 2021 -
Retrieved from National Nurses United.
NNU tees up fight amid HCA, Sutter, CommonSpirit contract talks: 'Put patients before profits'
Employment contracts covering tens of thousands of unionized nurses at the country's biggest health systems expire this summer, and labor unions are using the pandemic as a rallying cry for reforms.
By Susan Kelly • June 14, 2021 -
Samantha Liss, Healthcare Dive
OSHA issues long-delayed COVID-19 safety rules for healthcare workplaces
The agency is extending the comment period on the emergency temporary standard, but it's not extending compliance dates for healthcare facilities.
By Hailey Mensik • Updated July 12, 2021 -
Ambulatory services led healthcare jobs recovery in May
The sector added 23,000 jobs in May, while hospitals saw their first gains in months, according to Friday's government report.
By Hailey Mensik • June 4, 2021 -
Medtronic pulls HeartWare HVAD pump from market amid recalls, patient deaths
The medtech said the move was influenced by growing evidence the system had higher mortality risks than comparable devices. FDA advised providers to use Abbott's HeartMate 3 as an alternative.
By Ricky Zipp • June 4, 2021 -
Sentara, Cone Health latest nonprofit systems to nix merger plans
The deal would have created a 17-hospital, $11.5 billion system. Public comments to North Carolina's attorney general expressed fears the merger could reduce competition in the market.
By Hailey Mensik • June 2, 2021 -
Morris MacMatzen / Stringer via Getty Images
OpinionCVS Caremark CMO on addressing disparities through data
Data and analytics will play a key role in reducing health disparities and supporting chronic disease management post-pandemic, CVS Caremark's chief medical officer argues.
By Sree Chaguturu • June 1, 2021 -
Nurse shortages spur systems to dangle steep sign-on bonuses
Tenet-owned Baptist Health system in Texas is offering up to $20,000 for new nurses and other workers. Nurses who treated COVID-19 patients are in demand, Iman Abuzeid, CEO of nurse staffing platform Incredible Health, said.
By Hailey Mensik • June 1, 2021 -
Cleveland Clinic's latest acquisition boosts quarterly performance
Cleveland Clinic noted emergency room visits are down nearly 10% compared to the prior-year period. At the same time, surgical cases increased 6.5%, aided by the Mercy acquisition.
By Samantha Liss • June 1, 2021 -
Joe Raedle via Getty Images
Rising hospital ransomware attacks could endanger patients, hit bottom lines hard, Moody's says
Systems have become more vulnerable due to COVID-19 as non-clinical employees working from home led to use of "less secure networks, increasing the number of access points vulnerable to a breach," a new report said.
By Ron Shinkman • May 27, 2021 -
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Ransomware, other cyber threats mount as medtech industry tries to adapt
"Everything is hackable," said Kevin Fu, the FDA's medical device cybersecurity chief, who noted that ransomware in particular can render a device useless.
By Greg Slabodkin • May 27, 2021 -
Investments drive Ascension to income of $957M, despite dampened patient volumes
The nonprofit, which operates a venture capital fund and an investment advisory firm, brought in $1.1 million in investments in the quarter, contributing to a significant rise in the system's liquidity.
By Rebecca Pifer Parduhn • May 27, 2021 -
HCA pens pact with Google Cloud to create new clinical decision-making platform
The deal is the latest among provider networks partnering with cloud computing giants to help automate functions and drive new clinical insights.
By Rebecca Pifer Parduhn • May 26, 2021 -
Physicians, patients lost trust in US healthcare system amid pandemic, survey finds
Patients said they generally trust doctors and nurses more than they trust health systems, the report from NORC at the University of Chicago found.
By Hailey Mensik • May 25, 2021
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