Nonprofit Patient Revenue, Operating Expenses Rose Amid Delta Surge
During the Delta variant wave in the third quarter of 2021, net patient revenue and total operating expenses for nonprofit hospitals were above pre-pandemic levels, while operating income dropped to...Intermountain Healthcare, SCL Health Finalize Healthcare Merger
Intermountain Healthcare and SCL Health have finalized their healthcare merger to create one of the largest nonprofit health systems in the country. The merged health system consists of 33...Hospital, Health System Employment Grew by 5,100 in March 2022
The healthcare industry added 8,300 jobs in March 2022, with hospital and health system employment growing by 5,100, according to a report from the Bureau of Labor Statistics. Last month was the...Hospital Groups Urge HHS to Renew COVID-19 Public Health Emergency
The American Hospital Association (AHA) and eight other hospital groups have urged HHS to renew the COVID-19 public health emergency (PHE), which is currently set to expire on April 15, 2022. In a...Healthcare Tech Company Launches Online Price Transparency Tool
A healthcare technology company has launched an online price transparency tool that allows consumers to compare hospital costs before seeking care. Turquoise Health’s Price Transparency...Sutter Health Receives Jury Support in Antitrust Class Action
A federal jury has sided with Sutter Health in an antitrust class action lawsuit in which plaintiffs claimed that the health system drove up insurance premiums through anticompetitive tactics, Reuters...Medical Liability Insurance Premiums Continued to Increase in 2021
Nearly 30 percent of medical liability insurance premiums increased in 2021, continuing the trend of rising premiums that medical practices have been seeing since 2019, a report from the American...How Nonprofit Hospitals, Health Systems Compensate Executives
Nonprofit hospitals and health systems are a staple to the US healthcare industry. These facilities are funded mainly by charity, religion, or research and educational funds. Nonprofit health systems...AMA Framework to Help Orgs Invest in, Advance Health Equity
The American Medical Association (AMA) is seeking to advance health equity through an initiative that provides participating healthcare organizations with an investment framework that prioritizes the...PCP Turnover, Burnout Generated $979M in Excess Healthcare Spending
Primary care physician turnover, triggered in part by clinician burnout, led to around $979 million in excess healthcare spending, according to a study published in Mayo Clinic Proceedings. Care...Tenet Healthcare Drops Revenue Cycle Management Subsidiary Spinoff
Tenet Healthcare has announced that it will not go through with the planned spinoff of its revenue cycle management subsidiary, Conifer Health Solutions. Tenet’s Board of Directors, with the...RI Attorney General Rejects Lifespan, Care New England Merger
Rhode Island Attorney General Peter Neronha has rejected the application for the proposed healthcare merger between health systems Lifespan and Care New England. In a 150-page decision, Attorney...Top 5 Best Overall Nurse Staffing Agencies
Healthcare facilities across the country have been facing high levels of workforce shortages in the wake of the COVID-19 pandemic. Health systems and hospitals are particularly concerned about nurse...Hartford HealthCare Faces Antitrust Lawsuit, Monopoly Allegations
Six Connecticut residents have filed a healthcare antitrust lawsuit against Hartford HealthCare (HHC), alleging that the health system used unlawful and anticompetitive methods to charge payers and...FAH Urges HHS to Extend COVID-19 Public Health Emergency, Waivers
The Federation of American Hospitals (FAH) has urged the Department of Health and Human Services (HHS) to extend the COVID-19 public health emergency (PHE) beyond the current April 2022 expiration...Hospital Labor Shortages Debuts as Top Concern for CEOs in 2021
Hospital labor shortages replaced financial challenges as the top concern for hospitals in 2021, according to data from the American College of Healthcare Executives (ACHE). “This is the first...Ambulatory Care Employment Surpasses Pre-Pandemic Rates
In 2021, healthcare employment experienced no significant growth. However, ambulatory care employment saw an increase in jobs exceeding pre-pandemic rates, an analysis from Altarum revealed...Healthcare Workforce Set to Face High Resignation Rates Within 2 Years
According to a new study published in Mayo Clinic Proceedings, one in five physicians intend to leave their practice in the next two years because of employee burnout, increased workload, fear of...Where Hospital Price Transparency Compliance Is Lagging
Hospital price transparency requirements aim to unveil healthcare pricing and support a consumer-oriented healthcare industry. However, hospital price transparency compliance is falling short,...Sponsored by Zelis
