Hospitals: Page 76


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    'In many ways more challenging:' Tenet loses $197M in COVID-19-slammed Q3

    Strong results in Tenet's ambulatory and Conifer segment offset a worse-than-expected hospital segment performance. The chain was also surprised by a Trump administration methodology change for reporting CARES funding.

    By Oct. 21, 2020
  • From back-to-work to telehealth to retail rebranding: HLTH 2020 takeaways

    Trump administration officials also provided an update on value-based care models, teased details of the coronavirus vaccine's approval and hinted at a coming reimbursement plan.

    Oct. 21, 2020
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    Trendline

    Payer/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
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    Providers' rocky road to recovery could last into 2022

    About 20% of hospital executives told Kaufman Hall they were "extremely concerned" about their financial viability, as the Midwest reports rising COVID-19 caseloads and providers prep for the pandemic to collide with flu season.

    By Oct. 20, 2020
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    After COVID-19 spurred a boom in telehealth, systems mull how to sustain momentum

    An annual survey of providers from the Center for Connected Medicine and Klas Research found a focus on integration and security, but fears about the uncertain reimbursement landscape.

    By Hailey Mensik • Oct. 20, 2020
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    How Banner Health is using AI to keep electives going

    The major Arizona nonprofit is using big data and machine learning to help care teams and patients make decisions about when to go forward with care. It argues strict mandates aren't needed.

    By Oct. 19, 2020
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    Retail's role, focus on equity, value-based pay amid COVID-19: takeaways from HLTH 2020

    Back-to-work products, coronavirus vaccine distribution and telehealth ROI were also hot topics at the conference's third year.

    By Oct. 19, 2020
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    CommonSpirit to link physical, behavioral health with Concert deal: HLTH 2020

    The goal of the partnership is to expand access to healthcare, especially in underserved communities, as racial disparities and inequitable patient outcomes come into focus during COVID-19, CEO Lloyd Dean said.

    By Oct. 15, 2020
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    Hospitals warn of 'devastating' impact from CARES funds reporting change

    The problem centers on how the agency is now defining "lost revenue." AHA bashed the change as "simply unfair and unrealistic" and added it would create an "administrative and accounting disaster."

    By Oct. 14, 2020
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    Trinity sees red ink, but mixed bag of results, in grappling with COVID-19

    The pandemic pushed the Michigan-based system to a $34.5 million net deficit in fiscal 2020, a stark contrast to the $834 million surplus it posted in the prior fiscal year. Still, some measures improved, including days of cash on hand.

    By Ron Shinkman • Oct. 13, 2020
  • Kaiser CEO promises strategic shift to stronger focus on equity: HLTH 2020

    Greg Adams said the California-based nonprofit plans to bring ethnicity and race factors into how it evaluates quality and care, speaking Monday at the virtual conference. The board is still figuring out what that means in practice.

    By Oct. 13, 2020
  • Deep Dive

    Pediatric hospitals face 'double whammy,' not spared from COVID-19 effects

    The facilities had to shut down many services amid the pandemic and saw few coronavirus patients. Now they face squeezed Medicaid budgets.

    By Oct. 12, 2020
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    Changed fortunes: Under scrutiny, health plans should show their value now

    It's time to reinvest and double down on the things that will propel health plans into the future.

    By Peter Manoogian • Oct. 12, 2020
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    HCA
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    In surprise move, HCA to return all $6B in COVID-19 federal aid

    The biggest for-profit chain also predicted third quarter revenue up 5% to $13.3 billion, even amid a coronavirus-spurred drop in volume.

    By Oct. 9, 2020
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    Lyft integrates with Epic, exponentially growing NEMT reach

    The ridehailing app's deal with the biggest EHR vendor in the country comes about a year after rival Uber announced a similar partnership with Cerner.

    By Oct. 8, 2020
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    HHS says hospitals must now report flu data as well as COVID-19 numbers

    Facilities will have 14 weeks to comply with the requirement that will inform distribution of treatment and supplies as public health officials worry about a dangerous clash of flu season and the pandemic.

    By Hailey Mensik • Oct. 7, 2020
  • COVID-19 may be speeding up hospital M&A, analysis finds

    A report from Kaufman Hall finds deal activity up significantly in the third quarter. It comes as talks over federal relief funds for providers collapsed.

    By Oct. 7, 2020
  • CMS Administrator Seema Verma, Medicaid, HHS
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    Citing COVID-19, providers push back on CMS payment rule rate cuts, telehealth rollback in 2021

    The AMA and AHA are among those lobbying hard against any payment reduction amid the pandemic. Stakeholders also spoke out against rolling back coverage of audio-only virtual visits and nixing the inpatient-only list.

    By Hailey Mensik • Oct. 6, 2020
  • COVID-19 drags CommonSpirit into red for first full fiscal year

    Although the pandemic didn't begin in earnest until 10 months into the nonprofit's fiscal year, CommonSpirit saw declining admissions and investments along with increased charity care expenses.

    By Ron Shinkman • Oct. 5, 2020
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    Healthcare jobs in uneven recovery after big spring losses

    The latest unemployment report out Friday showed the hospital sector had a small dip in its workforce, though ambulatory services and dentists saw continued gains.

    By Hailey Mensik • Oct. 2, 2020
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    Retrieved from Advocate-Aurora on June 17, 2020
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    Advocate Aurora, Beaumont call off merger following COVID-19, doctor pushback

    Discussions began in late 2019, but stalled earlier this year as the coronavirus pandemic accelerated in the U.S., stressing provider finances, and reports of opposition from Beaumont doctors.

    By Oct. 2, 2020
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    HHS widens range of providers eligible for COVID-19 relief in $20B third round

    Providers who began practicing in January through March will now be eligible, and those who already received or rejected aid can apply again.

    By Hailey Mensik • Oct. 1, 2020
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    Deep Dive

    Election 2020: Trump and Biden's starkly diverging views on healthcare

    Spoiler: the two nominees diverge on almost everything.

    By Oct. 1, 2020
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    Providers win Medicare loan extension, DSH relief but lose other asks in stop-gap spending law

    The law signed by the president Thursday is likely the only direct aid providers can expect before the November presidential election, after Congress deadlocked on further COVID-19 legislation.

    By Oct. 1, 2020
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    Provider finance execs bracing for unfavorable shift in payer mix, survey finds

    About 70% of CFOs and revenue cycle leaders are readying for a drop in commercially insured patients — a highly prized cohort for providers and health systems.

    By Sept. 30, 2020
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    UHS

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    UHS confirms Sunday ransomware attack, some 250 hospitals still affected

    The for-profit operator confirmed reports malware was behind a massive system outage that affected its entire U.S. operations, including more than 250 hospitals that continue to use paper documentation.

    By Updated Oct. 2, 2020