Hospitals: Page 95
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CHS estimates slight uptick in 2019 same-store revenue
About a month ahead of releasing its official earnings report, the for-profit chain gave some information in an SEC filing as it prepares to sell a $1 billion round of senior secured notes.
By Ron Shinkman • Jan. 24, 2020 -
Chicago hospitals band together promising new system, $1B investment in city's South Side
The new health system will retain its own leadership team, CEO and board members, which will include a delegate from each of the four hospitals.
By Samantha Liss • Jan. 24, 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 -
Lloyd Dean to become sole CEO of CommonSpirit
Co-CEO Kevin Lofton is retiring from the nation's largest nonprofit system by revenue at the end of June after more than four decades as a healthcare professional.
By Shannon Muchmore • Jan. 23, 2020 -
Surgical gown recall sets Cardinal back $96M
The company said Thursday it estimates a $96 million quarterly cost related to the recall amid two new field actions affecting procedure kits that contained compromised gowns. Cardinal previously saw red flags with the supplier at the root of the problem.
By Nick Paul Taylor • Updated Jan. 31, 2020 -
HHS price transparency efforts may decode only sliver of total spending
A new examination of the push for more price transparency in healthcare concludes that while it "is not trivial, it does limit the potential impact of consumer-focused initiatives."
By Ron Shinkman • Jan. 21, 2020 -
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Tenet names ex-Oracle exec CEO of struggling Conifer unit
Joe Eazor will guide the revenue cycle management subsidiary as Tenet spins it off into an independent publicly traded company, following years of shaky financial performance.
By Rebecca Pifer Parduhn • Jan. 21, 2020 -
Nation's 2nd-largest physician group backs 'Medicare for All'
The American College of Physicians said a single-payer approach would cut administrative burden, freeing more time for patient care, but would be "politically difficult" and "highly disruptive" to implement.
By Shannon Muchmore • Jan. 21, 2020 -
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Tenet, CVS and Cigna lead Healthcare Dive's JPM20 coverage
Molina and Centene also touted their organic growth potential at the annual investor conference drawing some of the biggest industry names.
Jan. 17, 2020 -
FTC commissioner pledges hard line on hospital mergers
Lobbyists and legislators also spoke at a Council for Affordable Health Coverage forum, noting a surprise billing ban is still on the table for Congress despite disagreements over the policy to achieve it.
By Shannon Muchmore • Jan. 17, 2020 -
Hospital-run Civica Rx to develop drugs in house
The seven-year partnership with Thermo Fisher will initially focus on nine critical medicines vulnerable to supply chain interruptions.
By Jonathan Gardner • Jan. 17, 2020 -
Deep Dive
Key 2020 trends for payers and providers
No matter who wins the White House come November, healthcare experts say the push to reimburse providers for value and the aim for greater transparency surrounding prices will keep moving ahead.
By Samantha Liss • Jan. 17, 2020 -
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JPM20: Tenet outlines plans to 'aggressively' scale outpatient surgery unit
The hospital operator expects to pare down its hospital portfolio and allocate at least $175 million each year to buy ambulatory surgery centers throughout the country.
By Samantha Liss • Jan. 15, 2020 -
Hospitals, insurers urge Supreme Court to hear ACA case to avert havoc
Lobbying groups said the case could take years to play out without the high court stepping in to hear arguments now.
By Samantha Liss • Jan. 15, 2020 -
Burnout generation gap: Gen X healthcare workers fare worse than millennials, boomers
Among all generations, bureaucratic tasks including charts and paperwork were cited most frequently as a factor for professional dissatisfaction and burnout, followed by long hours.
By Hailey Mensik • Jan. 15, 2020 -
AHA files another challenge to CMS site neutral payment policy
The same court ruled in favor of hospitals in September, but later determined it could not keep CMS from attempting the policy again for 2020.
By Shannon Muchmore • Jan. 14, 2020 -
CVS, Mayo, Tenet among healthcare companies to watch at #JPM20
As many as 9,000 attendees across 450 public and private companies are expected to make an appearance in San Francisco at one of the most influential conferences of the year.
By Samantha Liss , Shannon Muchmore , Rebecca Pifer Parduhn • Jan. 10, 2020 -
Kaiser, major union launching nonprofit to boost California workforce
The $130 million organization, called Futuro Health, has a goal of graduating 10,000 new licensed and credentialed workers for the state in the next four years.
By Shannon Muchmore • Jan. 9, 2020 -
Social risk factors may influence CMS star ratings, study suggests
Providers have disputed the methodology CMS uses to compile its star ratings for years, saying the approach is overly simplistic and the presentation of data to consumers is difficult to interpret.
By Linda Wilson • Jan. 9, 2020 -
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HCA takes stake in major private nursing school operator
The nation's largest hospital operator said the buy of the parent company of Galen College of Nursing will help foster a pipeline.
By Samantha Liss • Jan. 8, 2020 -
DOJ joins whistleblower suit against Indiana system for alleged Stark violation
Community Health Network is accused of submitting as many as hundreds of thousands of fraudulent claims to Medicare and other federal programs from at least 2008 to 2017.
By Rebecca Pifer Parduhn • Jan. 8, 2020 -
Beaumont, Summa sign merger agreement to form $6.1B nonprofit
The deal, expected to close in the first quarter of this year, would create a 12-hospital system spanning Michigan and Ohio.
By Linda Wilson • Jan. 7, 2020 -
Permission granted by Geisinger Health
Despite provider claims, hospital M&A not associated with improved care, NEJM finds
The findings refute a common provider justification for rampant M&A, but the American Hospital Association pushed back on researchers' reliance on patient surveys.
By Rebecca Pifer Parduhn • Jan. 2, 2020 -
Hospital margins dipped in November as expenses rose
Volumes fell across most measures including adjusted discharges, emergency department visits and operating room minutes.
By Linda Wilson • Jan. 2, 2020 -
Getty / Edited by Healthcare Dive
Tenet deal to sell Memphis properties raises hackles of other area providers
One health system said it is "reasonably certain the FTC will be reviewing this proposed transaction given the potential negative impact it could have on the consumers in Memphis."
By Ron Shinkman • Dec. 30, 2019 -
Sutter to pay $575M, change contracting practices in antitrust settlement
Pending approval, the deal bars the dominant Northern California system from using all-or-nothing contracts and stops certain bundling practices.
By Shannon Muchmore • Dec. 20, 2019
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