Hospitals: Page 90
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Orthopaedic surgeons predict return to somewhat normal volumes in 6 months
While procedures are expected to steadily ramp up over the next six months, Jefferies analysts found that more will be performed outside of hospitals — a trend accelerated by the pandemic.
By Hailey Mensik • May 12, 2020 -
Pushback against transparency, patient data plans in ONC's roadmap
Insurers and providers don't want negotiated rates made public while EHR vendors want to avoid federal "micromanagement," among other asks during the public comment period on the five-year federal health IT plan.
By Rebecca Pifer Parduhn • May 12, 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 -
Hospitals balk as CMS doubles down on price transparency
In the draft of the Medicare payment rule posted Monday, the agency also proposed raising the rate for inpatient hospital services by about 1.6% in 2021, which would amount to nearly $2.1 billion.
By Shannon Muchmore • May 12, 2020 -
Healthcare sector lost stunning 1.4M jobs in April
The bulk of jobs shed were concentrated in ambulatory services, which lost more than 1 million jobs, presumably due to the widespread cancellation of elective procedures during the pandemic.
By Ron Shinkman • May 11, 2020 -
Trump administration: states to decide which hospitals get Gilead's COVID-19 drug
Remdesivir was cleared for FDA emergency use May 1 but hospitals and physicians were in the dark over how it would be distributed across the country, sparking frustration over the lack of transparency.
By Ned Pagliarulo • May 11, 2020 -
Kaiser reports $1.1B net loss in Q1 due to stock market slide
The quarter did include some COVID-19-related costs, including establishing mobile hospitals and triage units and increasing inpatient capacity, but they were "not significant," the integrated system said.
By Rebecca Pifer Parduhn • May 11, 2020 -
Hospital workforce tracker: COVID-19 spurs layoffs, furloughs
Dallas-based Baylor Scott and White is outsourcing, laying off or retraining 1,700 employees in five departments. The system laid off a third of its workforce in May and a third of its corporate finance staff in December.
By Hailey Mensik • May 7, 2020 -
AHA says hospital COVID-19 losses top $50B per month
The American Hospital Association estimate counts the first four months of the pandemic, including a forecast through June. It comes as the lobby pushes for additional aid on top of the $175 billion Congress has allocated so far.
By Ron Shinkman • May 6, 2020 -
For-profit hospital chains only saw beginning of COVID-19 impact in Q1
Companies started to see volumes plummet in the end of March as a result of the pandemic, but the effect on overall financial results was relatively limited. That could be a different story for the second quarter.
By Shannon Muchmore • May 6, 2020 -
Tenet Q1 volumes plunge, though execs eye May as 'beginning of the recovery'
Despite the hit from COVID-19, the system was still able to swing back to black and delivered net income of $94 million compared to a net loss during the first quarter of 2019.
By Samantha Liss • May 5, 2020 -
Cardiovascular societies offer roadmap to restart TAVR, other postponed surgeries
As more states ease coronavirus-driven restrictions on elective medical care, North American cardiovascular groups laid out stages of safe reintroduction for invasive procedures and diagnostic imaging.
By Nick Paul Taylor • May 5, 2020 -
Judge dismisses New York nurses lawsuit over COVID-19 concerns, but urges resolution
Despite losing the legal battle, the nurses association said Montefiore Medical Center agreed to a number of provisions, including providing nurses with properly fitting N95 masks daily and sick pay to those out with COVID-19.
By Samantha Liss • May 4, 2020 -
Hospital, nursing groups join forces to lobby Congress for more COVID-19 funding
The groups requested funding to cover the cost of child care for nurses, physicians and other hospital staff as well as housing and transportation support, enhanced pay and free, regular COVID-19 testing.
By Ron Shinkman • May 4, 2020 -
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HHS starts doling out $12B in CARES funds to 395 hospitals in COVID-19 hot spots
Another $10 billion is being directed toward nearly 8,000 rural hospitals, which will receive a minimum base payment and a percentage of their annual expenses.
By Shannon Muchmore • Updated May 4, 2020 -
CMS rolls back more Medicare, telehealth regs for providers working through pandemic
Accountable care organizations also scored a major win in the Thursday rule drop, with the agency pledging they wouldn't be dinged financially for lower-than-expected health outcomes in their patient populations from COVID-19.
By Hailey Mensik • May 1, 2020 -
COVID-19 cases are rising in rural America, and its hospitals may be unprepared
A Kaiser Family Foundation analysis finds the COVID-19 caseload and death rate in rural counties is now outpacing urban areas. Georgia has a county with the most deaths per capita but has started reopening its economy against the advice of public health experts.
By Ron Shinkman • May 1, 2020 -
Teamsters union urges Tenet shareholders to reject CEO pay raise at upcoming meeting
One of the country's biggest labor unions, which helps fund its pension program through Tenet stock ownership, raised the alarm in a Wednesday letter to other shareholders and urged them to reject the measure at the annual meeting.
By Hailey Mensik • April 30, 2020 -
Q&A
Q&A with Cerner's chief client and services officer on the vendor's Q1, COVID-19
Healthcare Dive talked with John Peterzalek about how the four-decade-old vendor is changing its priorities amid the outbreak and the status of some embattled federal projects.
By Rebecca Pifer Parduhn • April 30, 2020 -
CHS takes big hit in April, but eyes resumption of elective surgeries in May
The 99-hospital chain also said it plans to stash its CARES funding away as a "second quarter benefit to revenue" pending SEC approval, speaking to investors after reporting first quarter results.
By Hailey Mensik • Updated April 29, 2020 -
UHS Q1 results hit by COVID-19 as operating income falls 30%
The hospital chain said patient volume dramatically fell during the second half of March, a trend continuing into April. Still, CFO Steve Filton teased that resumption of elective surgeries is already happening.
By Samantha Liss • April 28, 2020 -
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Reimbursement portal opens for providers that test, treat uninsured COVID-19 patients
To take part in the program run by UnitedHealth Group, hospitals and doctor's offices must agree not to balance bill the patient for medical treatment.
By Rebecca Pifer Parduhn • April 28, 2020 -
Mayo Clinic details COVID-19 impact, discloses CARES funding allotment
Mayo estimates up to $3 billion in revenue losses so far given that the system is operating "well below" normal capacity.
By Samantha Liss • April 27, 2020 -
Amid steep losses, Henry Ford Health System furloughs 9% of workforce
Michigan has been hard hit by the novel coronavirus. Wayne County, Michigan, home to Detroit, accounts for the third most U.S. deaths by county, trailing two New York counties by one estimate.
By Samantha Liss • April 24, 2020 -
Half of US physicians using telemedicine amid pandemic, survey finds
Nearly one-third of physicians who responded to Merritt Hawkins said they plan to change practice settings, leave patient care roles, temporarily shut their practices or retire after the COVID-19 crisis.
By Hailey Mensik • April 23, 2020 -
Operating margins plummet at US hospitals, Kaufman Hall says
The data paint a dire picture. "These initial numbers only reflect the first two weeks of the COVID-19 response and likely indicate more negative results in the future," Jim Blake, managing director of Kaufman Hall, said.
By Hailey Mensik • April 22, 2020