Hospitals: Page 76
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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 -
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 -
Explore the Trendline➔
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TrendlineSurprise Billing
Federal legislation banning surprise bills has hit a barrage of roadblocks, complicating efforts to protect consumers from unexpected out-of-network charges.
By Healthcare Dive staff -
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 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 -
Sponsored by Salary Finance
Enabling 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 -
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 -
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 -
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 -
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 -
3 takeaways from CHIME21: EHRs, Big Tech and VCs look to the future of health
The public health and financial devastation of COVID-19 can't be overlooked, but the pandemic has also created new opportunities for industry to leverage technology.
By Rebecca Pifer Parduhn • April 19, 2021 -
Lawmakers urge HHS to conduct 'vigorous oversight' of hospital price posts after reports of noncompliance
Hospitals are now required to publicly post the prices they negotiate with insurers online, but noncompliance is common. A bipartisan group from the House voiced their discontent in a letter to HHS Secretary Xavier Becerra.
By Samantha Liss • April 14, 2021 -
Surprise Billing
Patients hit with surprise medical bills paid ER docs 10 times more than others
The findings published in Health Affairs suggest why some ER groups resist coming in-network with insurers: They stand to collect more in revenue if they stay outside a network, posing a financial risk to patients.
By Samantha Liss • April 13, 2021 -
Intermountain buys Utah-based air ambulance company Classic
Snapping up Classic, which operates in eight western states and has a significant overlap with Intermountain's telehealth footprint, is meant to make it easier to transport high-need patients to the closest suited medical facility.
By Rebecca Pifer Parduhn • April 13, 2021 -
Value of hospital deals soared in Q1, Kaufman Hall says
The coronavirus pandemic has contributed to recent hospital deals swelling in size and ambition, the new report found.
By Ron Shinkman • April 9, 2021 -
Orthopaedic surgeons see slow volume recovery from COVID-19
A poll of 200 doctors by UBS suggests volumes will improve throughout the year but are still expected to slightly lag 2019 levels. Volumes will only start exceeding pre-pandemic levels in 2022.
By Nick Paul Taylor • April 9, 2021 -
CommonSpirit inks deal with women's health startup Tia on primary care network
The initial pilot will launch virtual-first in the spring, followed by the first brick-and-mortar clinic in Phoenix this October.
By Rebecca Pifer Parduhn • April 8, 2021 -
Urgent care centers draw some ER visits but associated with higher spending overall
The findings published in Health Affairs may suggest patients are going to the centers instead of more appropriate and lower cost settings like a primary care office or virtual visit.
By Shannon Muchmore • April 7, 2021 -
Healthcare workers say they need mental health services, but many aren't getting them
While more than half of healthcare employees said the crisis harmed their mental health, younger workers have been the hardest hit, according to the survey from the Kaiser Family Foundation and Washington Post.
By Hailey Mensik • April 7, 2021 -
Nonprofit hospitals spent less on charity care than for-profit, government facilities: Health Affairs
The research is likely to garner attention as skeptics have questioned whether nonprofit organizations dole out enough charity care to justify the tax breaks they receive.
By Samantha Liss • April 6, 2021 -
Black patients far more likely to experience discrimination when seeking care: study
Reports of discrimination based on race, ethnicity, disability, gender, sexual orientation or health condition were even higher for low-income Black adults and Black women, according to a new study by the Urban Institute.
By Ron Shinkman • April 5, 2021