Category: Static

Healthcare costs to jump 7% in 2024: PwC

Healthcare costs will increase by a projected 7 percent in 2024 as the healthcare industry continues to face high inflation, rising wages and other costs, which are compounded by workforce shortages, according to a report from the PwC Health Research I…

Berkshire Health to reopen beds at campus, seek critical access designation

Pittsfield, Mass.-based Berkshire Health Systems plans to relaunch its North Adams campus, which will involve applying for critical access hospital designation.

Health IT vendor fined $75K for violating HIPAA

HHS’ Office for Civil Rights reached a settlement with iHealth Solutions, a software and services provider for healthcare providers based in Louisville, Ky., regarding violations of HIPAA privacy and security rules.

HHS to impose penalties of up to $1M for health data hoarding

The Health and Human Services Department finalized a new rule stating health tech firms that hoard patient data could face large penalties, according to a June 28 report from Politico. 

Nonprofit healthcare out of intensive care but long road to recovery, S&P says

The nonprofit healthcare sector could take at least two more years to recover to somewhere near pre-pandemic levels after the “rapid deterioration” in financial performance during much of 2022, S&P Global said in a June 28 midyear update.

U of Tennessee Medical Center CEO to retire; successor named

The University of Tennessee Medical Center in Knoxville has tapped Keith Gray, MD, as its next president and CEO. 

Ballad taps AI to prevent medication errors

Johnson City, Tenn.-based Ballad Health is using artificial intelligence to identify potential medication errors and improve pharmacy workflows, the health system said June 29. 

How Joint Commission is working to boost rural healthcare access 

The Joint Commission is working to improve access to healthcare for people who reside in rural areas of the country by helping hospitals to better meet CMS requirements.

Virginia hospital sees payoff from virtual nursing

Stafford (Va.) Hospital is starting to see results from virtual nursing after implementing the program last month, The Free Lance-Star reported June 28.

Amazon, CVS, Optum, Google: The top 11 healthcare disruptor moves in '23

Big Tech and retail healthcare disruptors have had a busy start to 2023, buying up primary care companies and entering into big collaborations with health systems.