Hospitals: Page 97
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Hospital M&A for 2019 slightly above last year's pace
The third quarter featured 25 announced transactions valued at $8.14 billion, lagging behind the second quarter's near-record of $11.3 billion, according to a new report from Kaufman Hall.
By Shannon Muchmore • Oct. 16, 2019 -
Medicare, Medicaid hospital payment cuts to hit $252.6B, industry study finds
"Hospitals are nearing the tipping point we have predicted for so long," Chip Kahn, CEO of the Federation of American Hospitals, said of the report commissioned by his group and AHA.
By Linda Wilson • Oct. 16, 2019 -
Explore the Trendline➔
Yujin Kim/Healthcare Dive
TrendlinePayer/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 -
Hospitals, manufacturers could donate cybersecurity software under proposed regs
With the cost of protecting systems from malicious hackers increasing, the idea to tweak the anti-kickback laws recognizes some physician practices don't have the resources or expertise to keep pace, one lawyer said.
By David Lim • Oct. 14, 2019 -
From 'dating sites' to AI-powered symptom checkers: How hospitals are competing for volume
Health systems across the country are looking for creative ways to capture patients as non-traditional competitors elbow into their markets.
By Samantha Liss • Oct. 14, 2019 -
Sutter, Kaiser among hospitals hit by Northern California blackouts
Several hospitals had to rely on backup power as a result of blackouts imposed by Pacific Gas & Electric, and several clinics had to close temporarily.
By Ron Shinkman • Oct. 11, 2019 -
Providers mostly cheer anti-kickback revamp but some still wary
The Medical Group Management Association said the proposals fall short, citing a need for clarity on imaging, physical therapy and laboratory services as well as an overhaul of penalties.
By Samantha Liss • Oct. 10, 2019 -
Mayo Clinic's legal tussle over $11.5M tax refund drags on
At issue is whether the top-ranked Rochester, Minn.-based nonprofit is an educational organization and, as such, entitled to collect certain tax refunds.
By Samantha Liss • Oct. 8, 2019 -
As docs ditch primary care to become hospitalists, MedPAC warns of shortage
The number of hospitalists increased nearly 50% between 2010 and 2017 while the number of PCPs is basically flatlining, according to a new report from the Medicare advisory commission.
By Ron Shinkman • Oct. 7, 2019 -
CommonSpirit Health posts $600M operating loss in 2019
The entity coming from the marriage of Dignity Health and Catholic Health Initiatives said the results from its first annual financial report were expected given the complexity of the merger.
By Samantha Liss • Oct. 7, 2019 -
Healthcare leads the way as US hits lowest unemployment mark in decades
"[T]he combination of strong demand growth from healthcare employers and shortages of many clinicians (nurses, physicians) creates a positive set-up for the healthcare temp staffing industry," Jefferies analysts wrote.
By Shannon Muchmore • Oct. 7, 2019 -
Dartmouth-Hitchcock, GraniteOne to merge, consolidating Vermont, New Hampshire providers
The deal will create a company with eight hospitals and nearly $3 billion in revenue.
By Ron Shinkman • Oct. 3, 2019 -
Hospital electrification will lead corporate renewable procurement in next 5 years: Deloitte
Interest from corporations in renewable energy creates opportunities for utilities to offer green tariff programs, Deloitte's U.S. renewable energy principal said.
By Iulia Gheorghiu • Oct. 3, 2019 -
UPS to expand its medical drone delivery to providers nationwide
The company's current operations involve transporting temperature-sensitive blood and other medical items using drones capable of carrying up to five-pound loads over 12 miles.
By Morgan Forde • Oct. 2, 2019 -
After much fanfare, Civica Rx delivers its 1st drugs
A Utah hospital was the first recipient of the health system coalition's medication, an injectable antibiotic that is frequently in short supply.
By Samantha Liss • Oct. 2, 2019 -
Providers mostly applaud CMS over fee schedule, but some specialists fear cuts
Though lobbying groups lauded the agency for walking back a controversial E/M proposal, psychologists predicted a "mass exodus" of those who treat Medicare beneficiaries.
By Samantha Liss • Oct. 1, 2019 -
'A radical experiment': Payers, providers renew attacks on price transparency proposal
Industry groups skewered the rule as "the wrong approach," "anticompetitive," "confusing" and "missing the mark."
By Rebecca Pifer • Sept. 30, 2019 -
Executives say lack of resources biggest obstacle to value-based care
Respondents to a Definitive Healthcare survey also noted interoperability gaps, an unpredictable revenue stream and the financial risk in value-based care initiatives as barriers.
By Ron Shinkman • Sept. 30, 2019 -
After California surprise billing law, fewer specialty services were out-of-network
The new report "strongly contradicts" the California Hospital Association's claims the law is destroying provider networks, a study author said.
By Shannon Muchmore • Sept. 27, 2019 -
While doubtful, some hospital execs prepping for price transparency rule
If the CMS rules are finalized, a court challenge is likely, 57% of execs said in the survey.
By Samantha Liss • Sept. 27, 2019 -
Device makers must adapt to rise of ASCs, analysts say
Bain & Company experts predict medtech companies may consider new business models, such as taking equity stakes in ambulatory surgery centers, to drive use of their latest devices.
By Nick Paul Taylor • Sept. 27, 2019 -
More than 70% of hospital data breaches include sensitive info
Researchers suggested policymakers require health systems and other companies provide standardized documentation of what data was compromised following a breach in addition to the number of patients affected.
By Rebecca Pifer • Sept. 26, 2019 -
CMS rules aim to reduce regulatory burden for providers
One of the agency's final rules posted Wednesday requires hospitals to create discharge evaluations for patients at risk of adverse health consequences and for anyone whose family requests one.
By Shannon Muchmore • Sept. 26, 2019 -
Kaiser strike called off as company, unions reach tentative agreement
Arlene Peasnall, Kaiser's interim chief human resources officer, said the company and its workforce "may disagree at times, but we have always been able to work through our challenges to align on common goals."
By Rebecca Pifer • Updated Sept. 25, 2019 -
CMS finalizes Medicaid DSH cuts, but Congress could still delay
The cuts are scheduled to go into effect next month, but the House voted to put off the changes last week and the Senate is expected to consider that legislation this week.
By Shannon Muchmore • Sept. 24, 2019 -
Sutter antitrust trial opens, with implications for M&A across US
A ruling against the hospital system would send waves through the hundreds of providers that have been steadily consolidating in the past 25 years. A win could send prices both in California and the rest of the nation even higher.
By Ron Shinkman • Sept. 23, 2019