Category: ROOT

Massachusetts hospitals seek financial flexibility on travel nurse costs

The Massachusetts Hospital Association is urging the state to grant hospitals more financial flexibility when it comes to costs for travel nurses after the state’s hospitals spent $1.5 billion on temporary labor last year, according to a March 20 repor…

Physician, pharmacist sentenced for a $515M pain cream scheme

A physician and pharmacist were sentenced in a pain cream scheme that cost healthcare benefit providers more than $515 million in Mississippi, Clarion Ledger March 10.

Could a new model of education ease the nursing shortage?

As the workforce of more than 4 million registered nurses in the U.S. endures a shortage that is expected to persist through 2030, hospitals and universities are seeking ways to lessen the burden of an already stressed system. One proposal: Reconfigure…

3 health systems switching to Epic EHRs

Below are three health systems that launched a new Epic EHR system or announced plans to do so since March 6:

Federal Reserve weighs difficult decision on rate increases

The Federal Reserve must confront a deeply consequential choice: Raise interest rates to fight inflation or take a timeout amid “the most intense banking crisis since 2008,” The Wall Street Journal reported March 20.

California hospital CEO to resign

Steven Salyer will resign as CEO of Watsonville (Calif.) Community Hospital.

Colorado bill would require nonprofit hospitals spend 3% of revenue on community benefit

New legislation proposed in the Colorado House of Representatives would require nonprofit hospitals to spend 3 percent of their revenue on community benefit, with the target eventually rising to 5 percent, The Denver Post reported March 20.

Banner Health reports $16.6M operating income as labor costs decline

Phoenix-based Banner Health reported operating income of $16.6 million for the year ending Dec. 31 — its third straight year of positive income — amid a reduction in contract labor costs.

US to declassify COVID-19 origins information

President Joe Biden on March 20 signed a bill into law to declassify information about the pandemic’s origins. 

TV producer donates $30M to Cedars-Sinai's new school

Chuck Lorre — a TV producer and writer known for creating The Big Bang Theory — has donated $30 million to fund Cedars-Sinai Medical Center’s new allied health school in Los Angeles.