Where do healthcare employees most want to work? Check out Modern Healthcare's alphabetical, unranked 2021 list.
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Where do healthcare employees most want to work? Check out Modern Healthcare's alphabetical, unranked 2021 list.
Oscar Health's net loss narrowed 9% year-over-year, with an increase in policy premium revenue squeezing the New York City-based insurtech's losses to $87.3 million during the first quarter of 2021.
The House passed two bills addressing mental health for emergency department patients and healthcare staff, including new grants and calls for data collection.
The finances of several not-for-profit health systems perked up in the first three months of 2021 compared to the prior-year period—which mostly preceded the COVID-19 pandemic—although executives say they still face a number of challenges.
Large providers like Henry Ford Health System, Mass General Brigham and RWJBarnabas Health had either moved into the black or strengthened operating profit in the quarter ended March 31. Finances are generally still weaker than they were pre-pandemic. On top of that, executives said the unpredictability of COVID surges since March 2020 has made planning difficult.
"Everything has been disrupted," said Mike Allen, chief financial officer of OSF HealthCare, a 14-hospital system based in Peoria, Ill. "All the normal patterns of life have been disrupted, and that includes healthcare."
OSF's Allen said it's hard to compare the two periods because circumstances were so different, although he noted that patients are now returning for care they put off during the worst of the crisis. OSF's outpatient visits were up 12.5% year-over-year.
Other big systems, like CommonSpirit Health and ProMedica Health, lost money in the recently ended quarter excluding grants as both organizations struggle to fully regain volumes in their hospitals and senior care facilities.
The first three months of 2020, by contrast, were mostly unaffected by the pandemic, except for the final two weeks of March. At that point, cases spiked and many of the country's healthcare providers suspended elective procedures, sending revenue over a cliff. The 2020 quarter does not include aid from federal relief grants, which some systems recorded in the first quarter of 2021.
Robin Damschroder, chief financial officer of Detroit-based Henry Ford Health System, said the economy had already been cooling off before the pandemic, so Henry Ford's volumes had already been down in the first quarter of 2020.
She agreed with Allen that it's difficult to compare the first quarters of 2020 and 2021, as the mix of services Henry Ford provided in the recently ended quarter are different, with fewer orthopedic surgeries and more COVID patients.
Looking forward, Henry Ford is "cautiously optimistic," Damschroder said. "We expect volatility on volume."
Some highlights from the first quarter of 2021:
As CEO of a Detroit-based health system, and an African-American man, I can attest to the painful irony in which we live in America—the world's most diverse melting pot plagued by pervasive intolerance and a failure to act on behalf of those who need us most.
As many business owners pointed out, there is no easy way to determine who has been vaccinated and who hasn't. And the new guidelines essentially leave it up to people to do the right thing.
Teladoc Health, Amwell and SOC Telemed reported revenue up 150.9%, 7.2% and 0.1%, respectively, for 2021's first quarter, as they work to differentiate themselves in the booming virtual care market.
While patient privacy has been a key concern for recent cyberattacks, patient safety and quality are rising in prominence when health providers can't access electronic health records or scheduling information.
For seasoned physicians who are looking to make a transition—whether it’s moving to another hospital or specialty, becoming an administrator, or moving beyond the hospital setting—what do they need to do? What is actually involved in making a big transition? And what special challenges do women physicians face?
Modern Healthcare’s "Next Up" podcast is produced by CareContent, Inc. and hosted by CareContent’s CEO, Kadesha Thomas Smith.
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A string of recent hospital deals are poised to benefit Piedmont Healthcare in one hot healthcare region, merger and acquisition experts said.
"If you are fully vaccinated, you no longer need to wear a mask," President Joe Biden said, summarizing the new guidance and encouraging more Americans to roll up their sleeves. "Get vaccinated — or wear a mask until you do."
Healthcare fintech provider Cedar paid $425 million to acquire insurance fintech OODA Health, as another pairing of single-point technology startups comes together to expand their reach.
The American Rescue Plan funds should help Medicaid beneficiaries maintain access to long-term services and support in their home and other nearby care settings. It became available April 1 and will last through Mar. 2022.
Healthcare providers are mobilizing efforts to send equipment and supplies to India as the country faces a record-breaking number of COVID-19 cases each day.
It's part of a strategy to respond to immediate needs in the COVID-19 pandemic while investing to break the cycle of ‘boom and bust' financing that traditionally has slowed the U.S. response to health emergencies.
Healthcare workers reflect attitudes similar to the population at large—most may embrace the promise of the vaccines, but large segments remain hostile to it.
The new guidance still calls for wearing masks in crowded indoor settings like buses, planes and hospitals, but will help clear the way for reopening workplaces and schools.
The Republican governor withdrew a request to expand coverage that had been submitted to CMS after voters passed a constitutional amendment last August, saying lawmakers didn't provide requested funding.
A California lawmaker is pushing a bill that would require private health plans regulated by the state to extend coverage to some subscribers’ parents.
The bill seeks to streamline the prior authorization process in Medicare Advantage by requiring insurers adopt electronic programs, provide "real-time" determinations for some services and release information about denial rates.
States across the country are stepping up efforts to bring vaccines to where patients are.
Charlene and Ty Bollinger are part of an ecosystem of for-profit companies, nonprofit groups, YouTube channels and other social media accounts that stoke fear and distrust of COVID-19 vaccines, resorting to what medical experts say is often misleading and false information. This investigative report looks at the scope and depth of their work.
COVAX, a U.N.-backed project to ensure vaccine access globally, has run drastically behind schedule due in part to export bans and stockpiling by some countries.
HCA Healthcare will sell Redmond Regional Medical Center to Advent Health for $630 million in a move that ends the hospital giant's presence in northwest Georgia. HCA is selling properties to make more "flexible investments."
The clinic said the fund, which is enabled by the support of The Clorox Co. of Oakland, Calif., is designed to promote 'innovative research ideas, advance new training and education opportunities, and launch promising healthcare innovations.'
The new effort, dubbed "Health Interoperability Outcomes 2030," is designed to identify aspirational yet achievable interoperability goals the agency and industry can rally around over the next decade, according to ONC.
The integrated health systems look to build out a national platform for complex in-home care.
An outside investigation into the death of a Black doctor while she battled COVID-19 has found that the treatment she received at a suburban Indianapolis hospital did not contribute to her death, its parent organization, IU Health said Wednesday.
The state Health Department disclosed two weeks ago that employees of a contact tracing vendor ignored security rules and created unauthorized documents outside the state's secure computer systems.
All you need to know about the rollout of COVID vaccines for kids.
A new report from the Institute for Policy Studies highlights the top 100 S&P 500 companies that had the lowest median worker wages in 2020. Just three healthcare companies made the list.
Hospitals in non-Medicaid expansion states are suing HHS for higher supplemental payments to treat low-income patients. They say the department needs to recognize patients "eligible for Medicaid" that are currently excluded from DSH entitlements.
Aetna has launched a virtual group therapy program for women, as part of its work to increase behavioral health access to populations disproportionately impacted by the pandemic.
Piedmont Healthcare announced it plans to acquire three-hospital University Health on Wednesday, just a week after it said it will buy four hospitals from HCA Healthcare.
A panel of independent experts who reviewed the World Health Organization's response to the coronavirus pandemic says the U.N. health agency should be granted "guaranteed rights of access" in countries to investigate emerging outbreaks.
U.S. health advisers endorsed use of Pfizer’s COVID-19 vaccine in kids as young as 12 on Wednesday, just as expected new guidelines say it’s OK for people of any age to get the shot at the same time as other needed vaccinations.
Michigan Gov. Gretchen Whitmer said the state is moving quickly to get COVID-19 vaccine doses to primary-care doctors to extend vaccinations to young people ages 12-15 and also those adults who haven't yet been vaccinated.
The uncertainty has created widespread consternation among existing accounting care organizations and all-new direct contracting entities backed by managed care organizations or venture capital firms.
HHS Secretary Xavier Becerra said the agency is considering extending a key Provider Relief Fund deadline but provided no timeline on when future aid will be delivered.
The pandemic has given CIOs at a more prominent seat at the table and proximity to the CEO because they're now charged with creating the technology strategy for powering insurers' present and future operations and collaborating more closely with the business operations.
COVID-19 deaths in the U.S. have tumbled to an average of around 600 per day with the number of lives lost dropping to single digits in well over half the states and hitting zero on some days.
Parents, schools and vaccine clinics rushed to begin inoculating younger adolescents after U.S. regulators endorsed Pfizer's COVID-19 vaccine for children as young as 12.
The Biden administration wants to increase COVID-19 vaccinations, and it's working with Uber and Lyft to offer free rides to and from vaccination sites beginning May 24.
VNA signed an agreement to sell its home health and hospice services to Amedisys, which has been expanding its home health footprint.
A new ECRI analysis points to potential patient safety concerns as providers were forced to rapidly make changes to their supply chain during the pandemic.
Nearly half of 103 final-year medical residents surveyed preferred to work for hospital systems, while only 10% wanted to partner with another physician.
Every dollar increase in premiums charged to Michigan's Medicaid members resulted in a nearly 1 percentage point drop in enrollment, a new working paper published in the National Bureau of Economic Research found.
Lawmakers and experts say the nursing home industry needs more transparency, especially concerning private equity owners.
Just 11% of people who remain unvaccinated say they definitely will get the shot, while 34% say they definitely won't, according to the poll by the Associated Press-NORC Center for Public Affairs Research.
The changes follow recent CDC guidance that recommends prioritizing the vaccination of people living in congregate settings. The interim final rule takes effect May 21.
Our pandemic experience is making clear we're in the midst of a major shift for how and where people receive care—migrating from the institution to the home.
Laboratories, especially large national labs, have for a number of years been focusing more on patient convenience in response to factors including increased interest in wellness and health monitoring applications and a need to compete for consumers as health insurers moved away from exclusive lab contracts.
A House bill seeks to shield providers from certain liability due to pandemic guidelines.
Laboratories, especially large national labs, have for a number of years been focusing more on patient convenience in response to factors including increased interest in wellness and health monitoring applications and a need to compete for consumers as health insurers moved away from exclusive lab contracts.
Most COVID-19 vaccines worldwide have been authorized for adults. Pfizer's vaccine is being used in multiple countries for teens as young as 16, and Canada recently became the first to expand use to 12 and up.
The Justice Department and whistleblowers alleged that the university's lab test protocol prioritized profits over patient care.
Tennessee may end up with sweeping reforms to the state's certificate-of-need law that would exempt psychiatric hospitals and increase fees.
St. Francis Medical Center in Trenton, N.J. has signed a letter of intent to join Capital Health, whose Trenton hospital is just two miles away.
Administration officials said payments could begin to go out in the coming days to eligible governments, allowing state, local, territorial and tribal officials to offset the economic damage from the pandemic.
Experts say hospitals are advertising coronavirus vaccinations primarily as public service announcements, since higher vaccination rates will reduce community spread of COVID-19 and save lives. But the secondary message to customers has the potential of burnishing hospitals' brands.
In its new venture with ValueHealth, University Hospitals will offer bundled-payment models for certain procedures at a series of new ambulatory surgery centers in Northeast Ohio that the two are developing.
Kim Keck, president and CEO of the Blue Cross Blue Shield Association, talks about some of the ways insurers can address community needs.
Perryn Ashmore, who was named chief information officer of HHS in December 2020, will retire at the end of May.
The decision overturns a Trump-era policy that many worried would make it more difficult for LGBTQ people to access care. The agency said it based the new policy on a 2020 U.S. Supreme Court ruling.
Chicago bank BMO Financial Group's donation is the three-hospital network’s largest-ever gift in support of eliminating health disparities.