Healthcare systems in the U.S. have had a challenging year, and they are on track for their worst financial year in decades, according to an Oct. 25 report from Health Affairs.
Category: ROOT
6 updates on ‘escape variants’ BQ.1 and BQ.1.1
Omicron subvariants BQ.1 and BQ.1.1 — dubbed “escape variants” for their immune evasiveness — are steadily gaining prevalence in the U.S. and now account for more than 16 percent of all COVID-19 cases confirmed nationwide, CDC data shows.
US aims to boost Ebola testing capacity as Uganda outbreak grows
The U.S. is working to expand its Ebola testing abilities to prepare for the possibility that the virus could make its way into the country, CBS News reported Oct. 25.
UHS reports lower profit amid staffing shortages
King of Prussia, Pa.-based Universal Health Services reported third-quarter net income of $182.8 million compared with $218.4 million in the same period last year amid labor shortages. The decrease in net income came even as revenues were up almost 6 p…
Hospital leaders looking to revenue cycle outsourcing to cut workforce costs
Forty-six percent of hospital and health system leaders see labor costs as the greatest opportunity for cost reductions this year, with outsourcing functions among the top considerations, according to Kaufman Hall’s “2022 State of Healthcare Performanc…
Walmart Health expands Florida footprint
Bentonville, Ark.-based Walmart Health plans to open 16 new health centers in Florida.
Northwestern Medical Center names Dawn Kregel chief nursing executive
St. Albans, Vt.-based Northwestern Medical Center has welcomed Dawn Kregel, DNP, as its new chief nursing executive.
Rising healthcare costs may affect employee benefits, McKinsey warns
Employers across a variety of industries face profitability headwinds due to significantly elevated healthcare costs, and such pressures are most likely to affect the most vulnerable employees if left unmanaged, according to a report on healthcare tren…
12 recent RCM mergers and acquisitions
From National Medical Billing Services acquiring MedTek to Optum’s completed merger with Change Healthcare, here are 10 revenue cycle management mergers and acquisitions Becker’s has reported since June 21:
HCA reorganizing operations
HCA Healthcare, a for-profit hospital operator based in Nashville, Tenn., is undergoing a reorganization that includes forming a third operating group.
