Hospitals: Page 90
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Medicaid expansion key indicator for rural hospitals' financial viability
Other factors that play a positive role include tax-exempt status and occupancy rates, according to a study in Health Affairs.
By Hailey Mensik • June 2, 2020 -
Hospitals push for release of $50B more in COVID-19 funds
The American Hospital Association wants the money for all hospitals but also hot spot areas and facilities that serve a higher number of uninsured and Medicaid members.
By Samantha Liss • June 2, 2020 -
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 -
Retrieved from Sarah Mariano, @sarahkm90 on June 02, 2020
Providers show support amid unrest: #WhiteCoatsForBlackLives
Health officials also expressed worry that the protest gatherings could further spread of the novel coronavirus. Some COVID-19 testing sites have been shut down for safety reasons, further exacerbating concerns.
By Shannon Muchmore • June 2, 2020 -
UPMC latest hospital system to report Q1 loss due to COVID-19
The Pennsylvania-based system's health insurance plan saw increased revenue due to a significant rise in its membership, but its operating income dropped by 56%.
By Ron Shinkman • June 1, 2020 -
Sluggish patient volume could jeopardize hospitals repaying advanced Medicare funds, report suggests
Older patients lead the pack in returning to emergency rooms while younger generations had smaller declines in visit activity overall and are returning to all care settings faster, a survey of 500 hospitals by Transunion found.
By Hailey Mensik • June 1, 2020 -
Hospitals to face bumpy recovery with depressed margins into 2021, S&P predicts
Federal funds are helping offset short-term health system losses, but a potential second coronavirus surge makes long-term prospects unpredictable.
By Hailey Mensik • May 28, 2020 -
Providers take steps to ease patient fears, but see restart of elective care taking months
The biggest worry among officials at health systems and ambulatory surgery centers is the possibility of an outbreak or second wave, followed by low patient demand and inadequate supplies, according to a survey from Deloitte.
By Shannon Muchmore • May 28, 2020 -
Chicago hospitals blame 11th-hour legislation shakeup for ending $1B South Side project
Four hospitals had inked an ambitious plan, now shelved, to create a new health system to cater to the city's most vulnerable.
By Samantha Liss • May 27, 2020 -
Deep Dive
How tariffs ravaged the COVID-19 medical supply chain
Months into the pandemic, the U.S. faces an ongoing shortage of PPE and some of it is still subject to tariffs.
By Deborah Abrams Kaplan • May 27, 2020 -
COVID-19 has forced nearly half of patients to postpone care
About a third of those who have put off treatment said they would seek it in the next three months, and 10% said they will do so in four months to a year, according to a new survey from the Kaiser Family Foundation.
By Shannon Muchmore • May 27, 2020 -
Pandemic response complicated by public health agencies' inability to receive data from hospitals
Hospitals in regions forecast to be some of the hardest hit from COVID-19 were more likely to say public agencies were unable to receive health data electronically, according to a new study published in JAMIA.
By Rebecca Pifer Parduhn • May 27, 2020 -
Deep Dive
Here's how much for-profit hospitals have received in COVID-19 bailout funding so far
The nation's largest for-profit hospital chains have received about $2.2 billion, money they don't have to pay back. Healthcare Dive is tracking how much major health systems have collected in federal relief.
By Samantha Liss • May 26, 2020 -
HCA tells nurses union to give up bargained wage increases — or face layoffs
The country's largest nurses union said HCA is also threatening elimination of employer contributions to 401k plans, wage freezes and pay cuts if they do not give up contractually-promised raises.
By Hailey Mensik • May 26, 2020 -
Providence, 1st to treat COVID-19 patient, posts $1.1B loss
The nonprofit system saw investment losses of $763 million in the first quarter as stock market volatility followed stay-at-home orders for much of the U.S. That compared to a $582 million investment gain in the prior-year period.
By Shannon Muchmore • May 26, 2020 -
What hospitals are doing to make patients feel comfortable coming back
Health systems face worried patients, according to recent polls. But volumes are picking back up in states where restrictions have been lifted.
By Hailey Mensik • May 22, 2020 -
Trinity Health joins other operators battered by pandemic, details CARES funding
The Michigan-based nonprofit reported surgical volumes alone plummeted 25% in March as significant investment losses contributed to a net loss of more than $880 million for the first nine months of its fiscal year.
By Samantha Liss • May 22, 2020 -
Master Sgt. Hecht, Matt. (2020). [Photograph]. Retrieved from Flickr.
COVID-19 has upended how Americans obtain healthcare
A new survey by the Alliance of Community Health Plans and the pharmacist lobby AMCP found nearly 40% of respondents plan to delay future care.
By Ron Shinkman • May 21, 2020 -
Patients steadily return to in-person primary care as telehealth plateaus
Virtual visits that exploded in recent months are starting to level off and, in some cases, fall as doctor's offices reschedule backlogged patients for more in-person appointments, according to new data from The Commonwealth Fund.
By Hailey Mensik • May 21, 2020 -
COVID-19 sinks Advocate Aurora's operating income in Q1
The major nonprofit system was pushed into the red for the quarter due to the pandemic. It has a large presence in the Chicagoland area, a hot spot for the virus, and has discharged more than 3,200 patients who were infected.
By Samantha Liss • May 21, 2020 -
April was dismal for US hospitals, with long road ahead, surveys find
Operating margins plummeted 174% last month compared to April 2019 and were down 118% from March of this year as surgeries, ER visits and outpatient appointments declined drastically during the COVID-19 pandemic.
By Shannon Muchmore • May 21, 2020 -
PAs gain authority during COVID-19 pandemic, but still face layoffs, furloughs
Over the past few months, 21 states have taken action — eight through executive orders — to waive practice requirements for physician assistants. But the financial strain on health systems has also led to job cuts.
By Hailey Mensik • May 20, 2020 -
Nonprofit health systems see investments slide as COVID-19 ravages economy
Major systems like CommonSpirit Health and Kaiser Permanente posted losses of more than $1 billion in first quarter reports.
By Shannon Muchmore • May 20, 2020 -
Hospitals, device industry set ground rules for sales reps' return
The guidance expands on advice for resuming elective surgery that a group of medical societies and the American Hospital Association released in April in preparation for reopening healthcare facilities for non-emergency care.
By Susan Kelly • May 20, 2020 -
COVID-19 pushes Mayo Clinic's operating income into free fall
Operating income plunged 88% while margin flatlined to 0.9% by the end of the first quarter due to the onset of the pandemic and the near closure of the health system's outpatient business.
By Samantha Liss • May 19, 2020 -
Knee replacements nearly halted as hospitals braced for COVID-19, data show
Even service lines involving what are often life-threatening illnesses saw large drops, with cardiac care falling 57% and cancer care decreasing 37%, according to an analysis from software company Strata Decision Technology.
By Shannon Muchmore • May 19, 2020