Integrated Health Systems

Hospitals Furloughing Staff, Altering Physician Pay Due to COVID-19

by Jacqueline LaPointe

UPDATED 04/02/2020 3:00 PM EST to include a statement from Intermountain Healthcare. Utah-based Intermountain Healthcare made headlines earlier this week after announcing changes to physician and...

AHA Asks for an Immediate $25K Per Hospital Bed to Combat COVID-19

by Jacqueline LaPointe

COVID-19 is having a significant impact on hospital operations and ultimately bottom lines, but groups like the American Hospital Association (AHA) are trying to get financial support to hospitals as...

How Much Will the COVID-19 Pandemic Cost Hospitals?

by Jacqueline LaPointe

Every day the number of confirmed COVID-19 cases rises, creating new challenges for the US healthcare system. Healthcare providers are scrambling to test and treat a sudden influx of patients...

Playing Defense Key to Overcoming Fiscal Challenges of COVID-19

by Jacqueline LaPointe

COVID-19 is wreaking havoc on the healthcare system and that is coming with a high price tag. The COVID-19 pandemic is likely to cost the global economy $1 trillion in 2020, according to recent...

No Reimbursement Impedes Social Determinants of Health Progress

by Jacqueline LaPointe

Hospitals are struggling to implement and sustain programs addressing social determinants of health without direct claims reimbursement, according to a recent survey of 200 healthcare experts. The...

How Much Are Health Systems Spending on Social Determinants?

by Jacqueline LaPointe

Health systems are making significant investments in programs that address social determinants of health, such as housing, employment, and food security, according to a new study published in Health...

AdventHealth Swaps Out Cerner Revenue Cycle Management for Epic

by Jacqueline LaPointe

One of the nation’s largest health systems is replacing its current Cerner revenue cycle management along with its EHR with a platform from Epic, according to a press release from...

Hospital Merger and Acquisition Activity Strong and Steady in 2019

by Jacqueline LaPointe

Hospital merger and acquisition (M&A) activity in 2019 remained “strong and steady,” with 92 transactions announced in 2019 compared to 90 the previous year, consulting firm Kaufman...

How Nebraska Medicine Boosted Revenue Cycle Efficiency

by Jacqueline LaPointe

For an academic health system with 8,000 employees and $2.9 billion in revenue, running an efficient revenue cycle is paramount. Nebraska Medicine is a large academic health system with two hospitals...

5 Hospital Merger and Acquisition Moves Kicking Off 2020

by Jacqueline LaPointe

After hitting a record high in 2017, hospital merger and acquisition activity has remained strong. And as a new decade dawns, hospitals and health systems are continuing to make deals in order to...

No Quality of Care Benefit from Hospital Acquisitions, Study Finds

by Jacqueline LaPointe

Many hospitals and health systems tout the quality of care benefits of merger and acquisition deals. But a new study from researchers at Harvard University found that hospital acquisitions had little...

Gundersen, Marshfield Clinic Call Off Rural Hospital Merger Plan

by Jacqueline LaPointe

After seven months of discussions, Gundersen Health System and Marshfield Clinic Health System nixed a hospital merger plan to create a rural health system of more than 2,000 clinicians across...

New Hospital Price Transparency Rule Challenged in Court

by Jacqueline LaPointe

Four leading healthcare associations and three hospitals filed a lawsuit today against HHS over the recently finalized hospital price transparency requirement that mandates the disclosure of...

UnityPoint, Sanford Health Call Off $11B Hospital Merger Deal

by Samantha McGrail

UnityPoint Health and Sanford Health called off their hospital merger plans that would have created an $11 billion integrated system across 26 states and nine countries, according to an official...

Kaiser Permanente CEO Bernard Tyson Dies Unexpectedly at 60

by Jacqueline LaPointe

Bernard J. Tyson, chairman and CEO of Kaiser Permanente, passed away unexpectedly in his sleep Sunday morning, the non-profit integrated delivery network announced in a press release on November 10. He...

More Execs Set Healthcare Cost Cutting Goals, But Targets Are Small

by Jacqueline LaPointe

More health systems are setting healthcare cost reduction goals, but their modest goals are leading to moderate success, according to a new survey conducted by Kaufman Hall and the Healthcare Financial...

Are Hospital Price Transparency Rules a Solution for Consumerism?

by Jacqueline LaPointe

In the face of rising deductibles and other out-of-pocket costs, CMS implemented and proposed several hospital price transparency rules meant to empower consumers to shop around for high-value...

Health System Operating Margins Improve, But Still Below 2015 Level

by Jacqueline LaPointe

After experiencing an average reduction of more than 38 percent from 2015 to 2017, health system operating margins improved by an average of 13 percent in 2018, according to a recent Navigant...

OSF, Little Company of Mary Take Next Hospital Merger Step

by Samantha McGrail

OSF HeathCare of Peoria, Illinois, recently announced that it signed a definitive hospital merger agreement with Little Company Mary Hospital and Health Care Centers based in Evergreen Park, Illinois....

Spend Analytics Help Banner Health Control Supply Chain Costs

by Jacqueline LaPointe

As one of the largest non-profit health systems in the country, Banner Health relies on hundreds of contracts to ensure providers have the supplies they need to deliver high-quality care, and now spend...