HCA to build 5 new hospitals in Texas
The news comes on the heels of HCA’s plans to build three new hospitals in Florida, another core market for the Nashville-based health system.
Safety net hospitals report growing financial hit from loss of 340B drug discounts
Drugmakers’ ability to restrict discounts is currently being litigated in court. But more companies have enacted policies limiting such discounts since the time of a new 340B Health report, so it likely underestimates hospital losses.
3 key labor trends for hospitals in 2022
Hospitals are still grappling with rising turnover, widespread burnout and numerous staff calling in sick nearly two years after the pandemic began. It’s unclear when it might get better — or how much worse it could get.
Mass General dinged for spending growth by state regulator
A key driver behind spending at the health system is prices, not increased utilization, according to the Health Policy Commission, which is charged with policing healthcare cost growth in the state.
Anthem doubles profit to $1.1B, issues conservative 2022 guidance
Membership targets for the coming year, for one, “look a shade light,” one analyst noted, though Anthem said it expects COVID-19 to cause less of a headwind in 2022 than in years prior.
HHS to distribute $2B in COVID-19 relief funds to providers this week to ease staffing, financial challenges
The agency is sending payments to more than 7,600 healthcare providers nationwide this week to help them as staffing challenges and heightened labor expenses pose new financial challenges.
Uber Health appoints Cantor as first chief medical officer
Michael Cantor is a geriatrician with more than two decades of experience in the healthcare industry.
Hospitals request more federal help battling rising labor expenses, staffing shortages amid omicron
The hospital lobby also is renewing its push in requesting the Federal Trade Commission investigate travel-nurse staffing firms for anticompetitive behavior as facilities have seen elevated pay rates throughout the pandemic.
Insurers falling seriously short in mental health, substance use disorder benefits, federal departments say
Though progress has been made, compliance with parity laws is still patchwork in the U.S., even as COVID-19 continues to throw disparities in health access into sharp relief.
OIG audit targets hospital compliance with surprise billing rule
The effort aims to gauge whether providers receiving federal relief funds to help survive the pandemic complied with restrictions on unexpected bills for COVID-19 inpatients.