Best Buy Health became a major player in healthcare over the last 12 months by partnering with some of the largest health systems in the U.S. to support in-home services, virtual care, supply chain management and more.
Category: Static
Tennessee nursing home closing; 79 layoffs announced
Viviant Healthcare of Murfreesboro (Tenn.) is closing its doors for failing to meet Medicare and Medicaid health and safety requirements, according to a CMS notice of termination release Dec. 12.
From -10.6% to 11.1%: 34 systems ranked by operating margins
Hospitals began 2023 with a median operating margin of -0.9%, but that figure has increased steadily month over month to hit 2% in November — the ninth consecutive month of positive margins. Despite a modest positive turning point for some hospitals an…
Minimum wage bumps in 22 states will add billions in worker wages
Twenty-two states and an additional 38 counties and cities will increase their minimum wage Jan. 1, and a report from the Economic Policy Institute estimates workers will see $6.95 billion in added wages from the state increases.
Healthcare billing fraud: 11 recent cases
From Community Health Network agreeing to a $345 million False Claims Act settlement to the sentencing of an orthopedic surgeon for his role in an upcoding scheme, here are 11 healthcare billing fraud cases Becker’s has reported since Dec. 12:
Health system C-suites' buzzword for 2024
The last year, 2023, was the year of artificial intelligence in healthcare. Top executives from hospitals and health systems large and small dove deep into ways AI could make their organizations more efficient and elevate patient care.
CMS corrects OPPS payment rate error
CMS has corrected a technical error that displayed an incorrect 2024 outpatient prospective payment system payment rate for hyperbaric oxygen therapy (APC 5061), the American Hospital Association said in a Dec. 27 post on its website. …
Stanford Health operating profit takes 20% hit
Palo Alto, Calif.-based Stanford Health Care reported $414.9 million in operating income for the year ended Aug. 31, a 20% drop from the $518.1 million gain it posted last year.
JN.1 prevalence, by state
The omicron subvariant JN.1 has been identified in at least 37 states and the District of Columbia as of Dec. 18, according to outbreak.info, a platform that tracks data on COVID-19 variants and is supported by the CDC and other national research group…
How Intermountain builds better physician relationships
Two-way communication is the key to physician relationships at Salt Lake City-based Intermountain Healthcare.
