Hospitals
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Hospitals charged employers and insurers 254% more than Medicare in 2022: study
Hospitals with larger market shares were among the worst offenders, the RAND Corporation found.
By Susanna Vogel • May 14, 2024 -
Kaiser rides completed Geisinger acquisition to $7.4B income in Q1
However, the nonprofit provider and health plan warned subsequent quarters may be less profitable as expenses are projected to climb.
By Susanna Vogel • May 14, 2024 -
Trendline
Social determinants of health
The focus on social determinants of health has only increased because of the impacts of the pandemic, with payers and providers trying to new ways to address the issues.
By Healthcare Dive staff -
Inpatient admissions lift for-profit providers’ revenue during Q1
Despite an “unusual” rise in inpatient volumes, executives at most of the leading for-profit health systems said they remain focused on outpatient investments.
By Susanna Vogel • May 14, 2024 -
AI could help assess patient acuity in emergency departments: study
When given pairs of patient histories, a large language model could identify which patient needed to be seen more urgently with 89% accuracy.
By Emily Olsen • May 10, 2024 -
Ascension confirms ransomware attack as systems remain down
The major nonprofit does not yet have a timeline for restoring its computer systems, which were taken offline following the attack last week.
By Emily Olsen • Updated May 13, 2024 -
CHS sues MultiPlan for allegedly colluding to lower provider reimbursement
It’s the third lawsuit filed against MultiPlan by a health system in under a year.
By Rebecca Pifer • May 10, 2024 -
Ascension hit by cybersecurity incident affecting clinical operations
The major nonprofit health system detected “unusual activity” on some network systems Wednesday.
By Emily Olsen • May 9, 2024 -
Yale New Haven sues to get out of Prospect hospital acquisition
Yale says Prospect allowed the conditions at three Connecticut hospitals — which it agreed to acquire in 2022 — to deteriorate. Prospect argues the lawsuit is an “11th hour attempt” to back out of the deal.
By Emily Olsen • May 8, 2024 -
Tracking Steward's decline
Steward’s financing, hospital sales take center stage during bankruptcy hearing
During its first bankruptcy hearing, Steward's attorney lamented delays to its physician group deal and warned the timeline for hospital sales was “not feasible.”
By Susanna Vogel • May 8, 2024 -
Tracking Steward's decline
Steward’s bankruptcy documents reveal sprawling debt, planned hospital fire sale
Since filing for bankruptcy Monday, Steward Health Care revealed it's carrying more than $1 billion in debt and said its entire hospital portfolio is for sale.
By Susanna Vogel • May 7, 2024 -
Tracking Steward's decline
Steward Health Care files for Chapter 11 bankruptcy
The filing marks the largest provider bankruptcy in decades, according to experts.
By Susanna Vogel • May 6, 2024 -
More than a third of nurses extremely likely to change jobs in 2024: survey
The results suggest job dissatisfaction is still high among nurses, and turnover is likely to remain elevated.
By Emily Olsen • May 6, 2024 -
Sponsored by Keypath Education
More than just shortages, the nursing workforce risks a crisis of experience
Building a sustainable nursing workforce requires more than just filling vacancies. How can we prepare and support new nurse graduates to develop a competent and resilient nursing workforce?
By Bethann Mendez, DNP, APRN, CCNS, Director of Healthcare Operations, Keypath Education • May 6, 2024 -
Debt covenant violations tick up among nonprofit providers: report
Since 2022, S&P Global Ratings has tracked an increase in violations of debt agreements as macroeconomic pressures and low operating margins challenge providers.
By Susanna Vogel • May 1, 2024 -
Tenet raises full-year revenue guidance on $2.2B in Q1 profit
CEO Saum Sutaria says the health system is a “new company” following nine hospital sales in the first quarter.
By Susanna Vogel • May 1, 2024 -
Hospitals’ COVID reporting burden to lighten as pandemic-era policies expire
On Wednesday, hospitals will no longer be required to report COVID-19 admissions, capacity or occupancy data to the federal government.
By Susanna Vogel • April 30, 2024 -
Ascension taps new CFO
Saurabh Tripathi, former CFO of Highmark Health, assumed the role on Monday.
By Susanna Vogel • April 30, 2024 -
Rising inpatient volumes boosted HCA’s first quarter earnings
The Nashville, Tennessee-based operator is the latest for-profit system to report stronger-than-expected inpatient volumes and tempered expenses.
By Susanna Vogel • April 29, 2024 -
Kaiser exposed up to 13.4M plan member records to third parties
The largest data breach reported so far this year comes as regulators reconsider healthcare’s use of tracking technologies.
By Susanna Vogel • April 26, 2024 -
CHS kicks off 2024 with a net loss as expenses remain high
The health system made progress on controlling expenses by cutting contract labor costs and insourcing physicians, but costs still dragged on earnings.
By Susanna Vogel • April 25, 2024 -
Intermountain Health exits Kansas
The nonprofit is transferring ownership of two Caritas Clinics and shutting one down.
By Susanna Vogel • April 25, 2024 -
UHS posts strong profits as acute and behavioral care revenue rises
The for-profit health system’s revenue rose by more than 10% in the first quarter.
By Susanna Vogel • April 25, 2024 -
UPMC to cut 1,000 roles
About 1% of UPMC's total workforce will be impacted by the reductions, according to a spokesperson.
By Susanna Vogel • April 25, 2024 -
Senators press Steward lenders for solutions days ahead of payment deadline
Sens. Elizabeth Warren and Edward Markey sent letters last week to Steward’s top lenders, asking for modified loan terms to help keep hospitals open.
By Susanna Vogel • April 23, 2024 -
CHS to sell Tennessee hospital for $160M
CEO Tim Hingtgen told investors in February that divestitures could yield more than $1 billion for the hospital operator.
By Susanna Vogel • April 22, 2024