Category: Healthcare Finance News

CMS issues flexibilities for healthcare providers following Hurricane Ida

Hospitals in Louisiana and Mississippi were already overwhelmed with COVID-19 patients before Ida hit.

Aetna, ACES team to launch Institute of Quality for autism care

Aetna has agreed to team up with Autism Comprehensive Educational Services to establish an Institute for Quality targeted toward individuals and families impacted by autism spectrum disorder, among other special needs.
Through the new national agreemen…

Idaho hospitals to get staffing boost to avoid crisis standards of care amidst COVID-19 surge

Idaho Governor Brad Little said the real solution to the crisis is more Idahoans choosing to receive COVID-19 vaccine.

Federal judge issues final approval of $575M Sutter Health anticompetitive settlement

In addition to having to pay millions, Sutter Health must adopt a number of new business practices to encourage transparency and restore competition in the area. 
 

Caregivers at three California Tenet Healthcare hospitals approve double-digit pay raises in new contracts

The caregivers had authorized a strike last month to improve staffing, pay, benefits and COVID-19-related health safeguards.

Cleveland Clinic sees $339 million profit in Q2, good for $1.3B in net income this year

Patient volume increases and cost reduction measures led to significant revenue increases, which were hampered in 2020 by COVID-19.

HHS establishes first-of-its-kind Office of Climate Change and Health Equity

Coinciding with Hurricane Ida hitting the Gulf Coast and on the 16th anniversary when Hurricane Katrina ravaged Louisiana, the Department of Health and Human Services has tied global warming to a health and equity issue and formed the new Office of Cli…

Hackensack Meridian Health and Englewood Health appeal FTC merger challenge

The appeal comes after a federal judge granted the FTC an injunction to halt the acquisition until it could complete an internal investigation.

Health equity and the impact of COVID-19 top employer concerns for 2022

Access to mental healthcare and on-site medical clinics are also top-of-mind as employers anticipate future struggles.

COVID-19 surges put pressure on nonprofit hospital margins

More patients is resulting in a self-induced postponement of non-emergent surgical cases, resulting in lower hospital revenues.