Hospitals: Page 78
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Doctors affiliated with health systems have much higher MIPS scores, JAMA study finds
A separate study found that physicians who had the highest proportion of patients dually eligible for Medicare and Medicaid also had significantly lower performance scores than other doctors.
By Shannon Muchmore • Sept. 8, 2020 -
Quorum CEO leaving company after just 2 months
The Tennessee-based for-profit hospital operator, which emerged from bankruptcy in July, is moving onto its third CEO this year.
By Shannon Muchmore • Sept. 8, 2020 -
Explore the Trendline➔
Yujin Kim/Healthcare DiveTrendlinePayer/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 -
After 4-decade run, UHS CEO Alan Miller stepping down in January
Miller is one of the longest-serving and highest-paid CEOs in healthcare. He will be replaced by his son, Marc, who's been with UHS for more than 25 years.
By Rebecca Pifer • Sept. 8, 2020 -
Healthcare jobs inch back to pre-pandemic levels, adding 75K in August
Some sub-sectors, like hospitals, are close to last year's levels, but not all are bouncing back, new Labor Department figures show.
By Hailey Mensik • Sept. 4, 2020 -
Nurses, service workers set to strike at University of Illinois Hospital in Chicago
The hospital said authorizing a strike doesn't mean it will definitely happen, and it will do everything in its power to avert the work stoppage. Negotiations have been held this week.
By Hailey Mensik • Sept. 3, 2020 -
Here's how nonprofit hospitals weathered the first half of 2020
"In the absence of stimulus relief and rebounding elective procedural volumes, the sector would have taken a considerable shock to all key financial metrics," Fitch Ratings said.
Sept. 3, 2020 -
Healthcare workers likely to be first in line for coronavirus vaccination
Initial vaccine supplies will be limited. Advisory groups, most recently the National Academies, are developing plans for who should get access first.
By Jonathan Gardner • Sept. 3, 2020 -
Final inpatient payment rule confirms price transparency push
CMS is also adding 24 technologies to receive add-on payments and finalizing a diagnosis-related group for CAR-T cancer therapies.
By Hailey Mensik • Updated Sept. 3, 2020 -
Despite turbulence in H1, no avalanche of health system downgrades
"It's new territory, which is why we're taking that measured approach on rating actions," Suzie Desai, senior director at S&P, said.
By Samantha Liss • Sept. 2, 2020 -
Northwell says COVID-19 has inflicted $1.2B hit to date
The New York-area nonprofit hospital system posted a year-over-year deficit of $250 million for the first half of 2020, as operating expenses rose 9.5%.
By Ron Shinkman • Aug. 31, 2020 -
Long-term virtual care plans evade providers, small executive survey finds
Remote patient monitoring is still a work in progress for most — only four of the 19 executives surveyed by Klas said their organizations currently have a working program.
By Hailey Mensik • Aug. 31, 2020 -
Investment returns boost Cleveland Clinic into the black despite weak Q2 revenue
Like many other major operators, Cleveland Clinic also benefited from millions in government assistance, including $324 million in CARES relief grants.
By Rebecca Pifer • Aug. 31, 2020 -
Allina, Minnesota Blues enter into sweeping value-based pact
The payer and provider aim to cut the cost trend for care by 10% over the next five years through the multiyear agreement, which will cover about 130,000 people.
By Ron Shinkman • Aug. 28, 2020 -
4 in 10 say COVID-19 reduced their access to care, CDC survey shows
A separate survey from the agency found that nearly 37% of people said their provider now offers a form of telehealth, compared to about 14% who said it was offered before the pandemic.
By Shannon Muchmore • Aug. 27, 2020 -
Investment losses, flagging volume push UPMC into the red in H1
The Pittsburgh-based nonprofit reported a loss of $165 million, down from a profit of $372 million the same time last year.
By Rebecca Pifer • Aug. 27, 2020 -
Hospitals slam 'disturbing' COVID-19 data reporting requirement threatening Medicare funding
The American Hospital Association quickly bashed the interim final rule, calling it "heavy-handed" and requesting it be reversed immediately.
By Shannon Muchmore • Aug. 26, 2020 -
U.S. Centers for Disease Control. "CDC 2019-Novel Coronavirus (2019-nCoV) test kit". Retrieved from https://www.cdc.gov/coronavirus/2019-ncov/about/testing.html.
Nurses union seeks OSHA inspections, fines at 17 HCA hospitals
At the heart of the complaints is a growing need for contract tracing in healthcare facilities, a lack of which contributed to preventable spread of the novel coronavirus through hospitals and into communities, the union alleges.
By Hailey Mensik • Updated Aug. 27, 2020 -
Brigham and Women's tops consumer hospital ranking poll by NRC Health
Mayo Clinic, which consistently leads U.S. News & World Report's rankings, had several facilities peppering the list from the data firm, but none broke the top 30.
By Rebecca Pifer • Aug. 25, 2020 -
Advocate Aurora profit inches up in Q2 as investment income bounces back
The Illinois-based nonprofit, which is currently exploring a merger with Michigan's largest health system, still saw its operating margin plummet from 5.7% to -6.8% in the quarter.
By Shannon Muchmore • Aug. 25, 2020 -
Study shows PE-owned hospitals increased charges, profitability while some care metrics improved
The more than 200 private equity-owned hospitals in the study rose their net income by more than 50% after they were bought, researchers found.
By Ron Shinkman • Aug. 24, 2020 -
Hospital operating margins nearly eliminated through July, Kaufman Hall says
There appear to be signs of recovery despite the ongoing COVID-19 crisis, though. Operating margins and patient volumes were up from June to July.
By Samantha Liss • Aug. 24, 2020 -
Mayo Clinic Q2 profit plummets under COVID-19 strain, but still in the black
The pandemic led the nonprofit system to cut its supplemental and contract workforce, halt most of its construction projects and reduce staff salaries.
By Ron Shinkman • Aug. 21, 2020 -
Sutter posts $857M loss in H1 on investment, operational declines
Sutter joins other major nonprofit health systems in posting net losses for the first half of the year despite $400 million in financial assistance from the federal government.
By Samantha Liss • Aug. 21, 2020 -
Union sues California hospital, HCA for allegedly facilitating COVID-19 spread
The suit alleges HCA failed to follow basic public health recommendations such as keeping sick workers home, and accuses the massive system of public nuisance, among a slew of other allegations.
By Hailey Mensik • Updated Aug. 21, 2020 -
Opinion
Reducing the stigma of clinician mental health, pressure to portray perfection
"The uncertainty of the pandemic coupled with the already high-stress situation of emergency medical care creates an acute crisis for clinicians' mental health," Envision VP Stefanie Simmons writes.
By Stefanie Simmons • Aug. 19, 2020