While revenues were mixed during the third quarter for the major for-profit hospital operators, net income was universally down for these companies.
Category: ROOT
Healthcare billing fraud: 10 recent cases
From a former Tenet executive asking a judge to throw out a $400 million fraud case, to a Texas physician pleading guilty for his role in a $54 million scheme, here are 10 healthcare billing fraud cases Becker’s has reported since Oct. 17.
Tennessee to grant $230M to health resiliency programs
Tennessee is launching a $230 million grant program to improve medical services at a wide range of facilities across the state including acute care hospitals and long-term care sites, the Tennessee Department of Health said in a release Oct. 27.
Encompass reports increased revenue, lower net income
Birmingham, Ala.-based Encompass Health, the largest owner and operator of inpatient rehabilitation hospitals in the United States, has reported increased operating revenue of $1.09 billion for the third quarter of 2022.
Maryland allocates $25M for hospitals to boost pediatric ICU staffing amid RSV surge
Maryland Gov. Larry Hogan on Oct. 28 announced a series of actions to address a surge in respiratory syncytial virus, including a directive for hospitals to utilize $25 million in state funding to boost the hiring and recruitment of pediatric intensive…
12 gastroenterology updates
From partnerships to awards, here are 12 gastroenterology updates Becker’s has reported on since Oct. 17:
9 Big Tech healthcare partnerships
Big Tech companies such as Amazon, Microsoft and Google have been making headway into the healthcare industry in part through partnerships with health systems and other healthcare companies.
At Massachusetts General, 800 patients wait for psychiatric care
Massachusetts General Hospital is among the mental health providers across the U.S. that has experienced an overwhelming demand for psychiatric services, The Washington Post reported Oct. 29.
COVID-19 presents unique challenges for caregivers, study finds
COVID-19 presents unique challenges for caregivers not present in other patients including in managing infection, engaging support services and patient independence, a study done by researchers at Ann Arbor-based University of Michigan found.
COVID-19 treatments for immunocompromised people are on the decline
With coronavirus mutations splintering like shrapnel, some COVID-19 treatments are facing decreased efficacy — but the decision to pull a therapy off the market can get murky, The Atlantic reported Oct. 29.
