Wednesday, April 5, 2023

Chicago-based Stroger Hospital names next chief executiveChicago-based Stroger Hospital names next chief executiveChicago-based Stroger Hospital names next chief executive

Chicago-based Stroger Hospital names next chief executive

Donnica Austin-Cathey comes to the city’s largest public hospital from safety-net health system Sinai Health. 



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Tuesday, April 4, 2023

Skilled nursing and psychiatric facilities could see payment bump: CMSSkilled nursing and psychiatric facilities could see payment bump: CMSSkilled nursing and psychiatric facilities could see payment bump: CMS

Skilled nursing and psychiatric facilities could see payment bump: CMS

The Centers for Medicare and Medicaid Services also pledged that a regulation setting nursing home staffing minimums is imminent.



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Reports of serious adverse events rose in 2022: Joint CommissionReports of serious adverse events rose in 2022: Joint CommissionReports of serious adverse events rose in 2022: Joint Commission

Reports of serious adverse events rose in 2022: Joint Commission

Providers reported a record number of sentinel events to the Joint Commission in 2022, about one-fifth of which were associated with fatalities.



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Defense attorney claims Outcome Health fraud trial is all about intentDefense attorney claims Outcome Health fraud trial is all about intentDefense attorney claims Outcome Health fraud trial is all about intent

Defense attorney claims Outcome Health fraud trial is all about intent

"This case is about state of mind," says the lawyer for Outcome Health ex-COO Brad Purdy. "Have they proven beyond a reasonable doubt the intent to defraud somebody?'



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6 biggest digital health funding deals that carried Q16 biggest digital health funding deals that carried Q16 biggest digital health funding deals that carried Q1

6 biggest digital health funding deals that carried Q1

Throughout the first three months of 2023, digital health companies received $3.4 billion in funding, a big drop from the past two years' totals.



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Medicaid redeterminations are here, with 15M people at riskMedicaid redeterminations are here, with 15M people at riskMedicaid redeterminations are here, with 15M people at risk

Medicaid redeterminations are here, with 15M people at risk

Insurers, providers and regulators face huge challenges trimming the Medicaid rolls without leaving people behind.



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Monday, April 3, 2023

Michigan Medicine acquires Sparrow Health in $800M dealMichigan Medicine acquires Sparrow Health in $800M dealMichigan Medicine acquires Sparrow Health in $800M deal

Michigan Medicine acquires Sparrow Health in $800M deal

The combined health system is now a $7 billion health system that operates more than 200 locations.



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Rural hospital mergers a double-edged sword: studyRural hospital mergers a double-edged sword: studyRural hospital mergers a double-edged sword: study

Rural hospital mergers a double-edged sword: study

Seventeen percent of unprofitable rural hospitals merged with another organization while 7% closed from 2010 to 2018.



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More state lawmakers push to end 'exorbitant' contract labor prices More state lawmakers push to end 'exorbitant' contract labor prices More state lawmakers push to end 'exorbitant' contract labor prices

More state lawmakers push to end 'exorbitant' contract labor prices

The American Hospital Association estimates the hourly rates staffing agencies charged hospitals grew 213% from January 2019 to January 2022.



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States crack down on facility fees charges to telehealth, clinic patientsStates crack down on facility fees charges to telehealth, clinic patientsStates crack down on facility fees charges to telehealth, clinic patients

States crack down on facility fees charges to telehealth, clinic patients

Hospital facility fees pay for staff and overhead expenses, but eight states agree such charges are questionable and are moving to clamp down on the charges.



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Amwell CEO on economic challenges, CVS Health partnershipAmwell CEO on economic challenges, CVS Health partnershipAmwell CEO on economic challenges, CVS Health partnership

Amwell CEO on economic challenges, CVS Health partnership

Amwell CEO Roy Schoenberg spoke about the company's path to profitability and how it is a "cog in the wheel" with its CVS Health partnership. 



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Community health workers can reduce costs, but face funding hurdlesCommunity health workers can reduce costs, but face funding hurdlesCommunity health workers can reduce costs, but face funding hurdles

Community health workers can reduce costs, but face funding hurdles

A growing number of states are using their Medicaid programs to more consistently pay for community health workers, who can help patients navigate services.



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Friday, March 31, 2023

Sutter Health names new COO Sutter Health names new COO Sutter Health names new COO

Sutter Health names new COO

Mark Sevco, who has served as president of University of Pittsburgh Medical Center hospitals in its health services division, will join Sutter June 5.



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Cano Health directors resign, call for removal of CEOCano Health directors resign, call for removal of CEOCano Health directors resign, call for removal of CEO

Cano Health directors resign, call for removal of CEO

A dispute over profitability has turned into "a corporate governance mess" for the embattled primary care provider Cano Health.



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Wellstar-Augusta deal moves forwardWellstar-Augusta deal moves forwardWellstar-Augusta deal moves forward

Wellstar-Augusta deal moves forward

Wellstar Health System, a nine-hospital system, would become the corporate parent of Augusta Health System, an academic medical center.



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Thursday, March 30, 2023

Healthcare industry reacts to preventive care rulingHealthcare industry reacts to preventive care rulingHealthcare industry reacts to preventive care ruling

Healthcare industry reacts to preventive care ruling

U.S. District Court Judge Reed O'Connor struck down the Affordable Care Act's preventive care coverage rule Thursday, prompting concerned responses from the healthcare industry.

 



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Feds order Docs At The Door exec to pay $25M in Medicare fraudFeds order Docs At The Door exec to pay $25M in Medicare fraudFeds order Docs At The Door exec to pay $25M in Medicare fraud

Feds order Docs At The Door exec to pay $25M in Medicare fraud

The feds say the owner of the Illinois-based home-visiting-physician firm submitted thousands of claims for a Medicare service he knew had not been provided.



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CVS-Oak Street deal clears federal regulatory hurdleCVS-Oak Street deal clears federal regulatory hurdleCVS-Oak Street deal clears federal regulatory hurdle

CVS-Oak Street deal clears federal regulatory hurdle

Oak Street Health shareholders are slated to vote on CVS Health's $10.6 billion acquisition on April 28.



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ER software startup gets backing from GV, Salesforce VenturesER software startup gets backing from GV, Salesforce VenturesER software startup gets backing from GV, Salesforce Ventures

ER software startup gets backing from GV, Salesforce Ventures

Florence has been operating quietly the last two years and has integrated its tech with EHR systems from Epic, Cerner and Meditech. 



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Wednesday, March 29, 2023

CVS Health completes $8B Signify Health dealCVS Health completes $8B Signify Health dealCVS Health completes $8B Signify Health deal

CVS Health completes $8B Signify Health deal

Signify Health CEO Kyle Armbrester said the newest division of CVS Health will serve other insurance companies, not just its corporate sister, Aetna.



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