Hospitals: Page 73
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April jobs report lackluster for healthcare, with ambulatory gains offsetting steep nursing losses
The industry lost about 4,000 jobs overall in April, an unwelcome sign as the economy continues recovering from the COVID-19 pandemic.
By Hailey Mensik • May 7, 2021 -
Pandemic spurs more nurses to consider leaving their roles, McKinsey report finds
More than half of the nurses who said they're considering leaving would move to a new job not involved in direct patient care, or retire, the survey found.
By Hailey Mensik • May 6, 2021 -
Explore the Trendline➔
Getty Images
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 -
Permission granted by ZS
AMA: Physicians in independent practice now minority in US
Hospitals are one of the largest employers of physicians, with the proportion increasing nearly 50% between 2012 and last year, according to the new survey.
By Ron Shinkman • May 6, 2021 -
AI expected to supplant telehealth as top investment priority in next few years, survey finds
Philips' Future Health Index — surveying almost 3,000 health leaders worldwide — also found a surprising focus on delivering environmentally sustainable healthcare by 2024.
By Rebecca Pifer Parduhn • May 6, 2021 -
Private equity buys tend to target profitable hospitals in urban areas
The new study challenges the notion that private equity firms tend to target only financially distressed hospitals, and provides greater insight into the kinds of hospitals the companies have acquired over a span of 15 years.
By Samantha Liss • May 5, 2021 -
Getty / Edited by Healthcare Dive
HCA sells 4 hospitals in Georgia as it emphasizes focus on post-acute, home-based services
The sale reduces the company's holdings in Georgia to five hospitals, including the recently acquired Meadows Regional Hospital in Vidalia.
By Ron Shinkman • May 4, 2021 -
State lawmakers mull out-of-state nurse licenses after pandemic rollbacks
Many tried to join the Nurse Licensure Compact before the pandemic, "but COVID was a kind of glaring example of how the compact could help," Rebecca Fotsch at the National Council of State Boards of Nursing said.
By Hailey Mensik • May 4, 2021 -
For-profit hospitals mostly managed well in Q1
Despite the rosy quarter, margins for hospitals remained narrow in March and much uncertainty remains.
May 3, 2021 -
Pre-pandemic, more than half of hospitals nab above-average Leapfrog safety grades
Among those getting A grades from the watchdog group founded by employers include Brigham and Women's Faulkner Hospital in Boston, the Mayo Clinic's hospital in Phoenix and the University of Chicago Medical Center.
By Ron Shinkman • April 30, 2021 -
CMS finalizes joint replacement pricing extension
Some analysts say the agency's initiative may evolve to put pricing pressure on orthopaedic devices. However, they contend companies can mitigate that threat by selling more products to customers.
By Nick Paul Taylor • April 30, 2021 -
Getty / Edited by Healthcare Dive
Community Health swings to $64M loss in Q1
The results contrast profits reported by chains Tenet and HCA. Still, higher patient acuity and improved payer mix helped boost CHS revenues past Wall Street expectations.
By Hailey Mensik • April 29, 2021 -
Permission granted by Massachusetts Nurses Association
Tenet nurse strike drags on for 8th week as talks yield no progress
Representatives for the chain's Massachusetts hospital and the union met Monday for their first bargaining session since the work stoppage began, but they accomplished little and another session has not yet been scheduled.
By Hailey Mensik • April 28, 2021 -
Abbott
Medtech companies look to post-pandemic home testing beyond COVID-19
Abbott CEO Robert Ford told investors he envisions an "accelerated" move away from hospital lab-based testing.
By Greg Slabodkin • April 28, 2021 -
In big win for hospitals, CMS pitches nixing mandate to submit some payer-negotiated rates
The proposed rule would also add 1,000 graduate medical education slots over the next five years, with a priority given to facilities in rural areas and with underserved patient populations.
By Shannon Muchmore , Samantha Liss • April 28, 2021 -
UHS
UHS posts Q1 profit, will hand back some CARES funds
The hospital operator plans to return $188 million in grants received during the first quarter after recording more than $400 million in relief grants in 2020 that it didn't return.
By Hailey Mensik • April 27, 2021 -
Hospital margins remain narrow in March as COVID-19 financial strain lingers
Pandemic-related costs continue to depress hospitals' finances, though performance recuperated as outpatient activity increased, Kaufman Hall found.
By Rebecca Pifer Parduhn • April 27, 2021 -
iStock | SDI Productions
Sponsored by Salary FinanceEnabling financial wellness for your employees doesn't have to be hard
Meet the healthcare system that rolled out an impactful financial wellness program in under a month.
By Dan Macklin, CEO, Salary Finance • April 26, 2021 -
National Institute of Allergy and Infectious Disease. (2020). "Novel Coronavirus SARS-CoV-2" [Image]. Retrieved from Flickr.
Science groups urge providers not to use certain COVID-19 test data for care decisions
The Association for Molecular Pathology and the Infectious Diseases Society of America say some results run the risk of being misinterpreted due to a lack of standardization across test methods.
By Susan Kelly • April 23, 2021 -
Yujin Kim/Healthcare Dive
Hospital M&A to proceed at a 'robust pace,' Moody's says
Larger health systems will likely seek out mergers that bulk up market share by adding new geographic locations and service lines that help diversify offerings, while small systems will look for partners offering access to more resources.
By Samantha Liss • April 22, 2021 -
HCA Q1 profit more than doubles to $1.4B
Execs said Thursday they expect volumes to recover throughout 2021. "We need a few more months to figure out exactly what that's going to be. But we're encouraged by March," CEO Sam Hazen said.
By Rebecca Pifer Parduhn • April 22, 2021 -
Tenet posts Q1 profit, but suggests recovery won't be swift
Despite vaccine roll-outs, outpatient and admissions were still depressed. "We're a believer that some of that business either won't come back or will take a long time to come back from a low acuity standpoint," the COO said.
By Hailey Mensik • April 21, 2021 -
Adeline Kon/Healthcare Dive/Healthcare Dive
What to watch as health systems and insurers report Q1 results
For both payers and providers, volumes will be an important metric. The lingering question is how quickly patients will return to in-person care.
By Samantha Liss , Shannon Muchmore • April 20, 2021 -
Jon Cherry via Getty Images
J&J to resume vaccine rollout in Europe after regulator says benefits outweigh risks
The EMA, however, recommended a warning be added to highlight a rare but serious side effect. Regulators in the U.S. are expected to soon make a similar decision.
By Ben Fidler , Jonathan Gardner • Updated April 20, 2021 -
Permission granted by IQVIA
Healthcare employment steadily rebounding though hospitals left out
Hospital employment has sunk for three consecutive months, according to data from the Altarum Institute, and is down 37,000 jobs since the end of last year.
By Ron Shinkman • April 19, 2021 -
Advocate Aurora Health's new investment unit is on the hunt for deals
The Midwestern giant joins other nonprofits in launching a for-profit unit to diversify its revenue streams. Some critics question whether the strategy fits with the mission and perks enjoyed by not-for-profit entities.
By Samantha Liss • April 19, 2021
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