Hospitals


  • Header image for "Private Equity Exits Down 57% in 2022"
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    Over 20% of healthcare bankruptcies last year were linked to private equity: report

    Another wave of private equity-backed bankruptcies is expected this year, according to the Private Equity Stakeholder Project.

    By April 17, 2024
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    Deep Dive

    Steward bankruptcy likely as massive debt remains, with few options left

    Steward Health Care’s forbearance period ends in less than 15 days. Analysts say this time, creditors are unlikely to extend the embattled company another lifeline.

    By April 16, 2024
  • Trendline

    Labor

    Disputes between hospitals and workers are likely to continue even as the pandemic’s greatest impacts subside — a source of friction that could leave patients caught in the middle.

    By Healthcare Blog staff
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    Cybersecurity takes center stage at AHA annual meeting

    In the wake of the Change Healthcare attack, experts advised hospital leaders to increase their cyber defenses.

    By April 16, 2024
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    Medical Properties Trust selling spree continues, Utah deal closes

    The deal is expected to generate approximately $1.1 billion in in cash for the liquidity-strapped hospital landlord.

    By April 15, 2024
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    Opinion

    No appointments available: America’s escalating primary care shortage

    Chronic disinvestment and inadequate training have created a shortage of primary care workers, according to leaders at the Milbank Memorial Fund, National Association of Community Health Centers and others.

    By Christopher Koller, Kyu Rhee and R. Shawn Martin • April 15, 2024
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    Illustration: Xavier Lalanne-Tauzia for Healthcare Blog

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    Steward buy could add 3,000 doctors to Optum’s physician network, regulator says

    There’s a long way to go before the highly anticipated deal can close, as parties have yet to file the paperwork required to kick off Massachusetts' antitrust review process, a regulator said yesterday.

    By April 11, 2024
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    CMS proposes 2.6% payment increase for inpatient hospitals next year

    Regulators said payments to hospitals would increase $3.2 billion in 2025 under the proposed rule. However, the American Hospital Association called the hike “woefully inadequate.”

    By April 11, 2024
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    Medical Properties Trust offloads 5 hospitals to Prime Healthcare

    One of the nation’s largest hospital landlords will pay down its debt load with the proceeds, executives said.

    By April 11, 2024
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    Banner Health names new CEO

    Amy Perry, the current president, will take the reins from longtime chief executive Peter Fine beginning June 30.

    By April 10, 2024
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    North Carolina county seeks damages in HCA Mission lawsuit

    Buncombe County is seeking to join a lawsuit from the state alleging HCA intentionally understaffed Mission’s emergency department, increased wait times and wasted taxpayer dollars.

    By April 9, 2024
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    Marshfield Clinic to lay off furloughed workers

    The Wisconsin-based health system furloughed about 3% of its employees earlier this year, and most are impacted by these job cuts.

    By April 5, 2024
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    Senate ramps up scrutiny of private equity ‘greed’ in healthcare

    As private equity firms buy up hospitals and staffing agencies, lawmakers say they're increasingly concerned that patient care could suffer.

    By April 5, 2024
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    Deep Dive // Change Healthcare cyberattack

    Change cyberattack serves as wake-up call for healthcare cybersecurity

    The outage shows why health systems need to plan for inevitable cyberattacks, evaluating risks and putting operational backups in place, experts say.

    By April 4, 2024
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    Blue Shield of California and Providence at stalemate over contract negotiations

    It's the latest negotiation to spill out of the boardroom and into the public eye as tensions between providers and payers ramp up.

    By April 3, 2024
  • An illustration of a hospital and a medical corporate building pieced together like a puzzle.
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    Illustration: Xavier Lalanne-Tauzia for Healthcare Blog

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    Intermountain-owned Saltzer shutters operations, sells clinics

    The financially strapped physician group finalized a midnight deal to sell some services to Trinity Health-owned Saint Alphonsus Health System and Intermountain Medical Imaging of Idaho.

    By April 3, 2024
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    Permission granted by Geisinger Health
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    Kaiser closes Geisinger acquisition, launching Risant Health

    The deal closed roughly a year after it was first announced. Geisinger is the first health system to join Risant, but it’s far from the last — the hospital operator wants to acquire at least four additional nonprofits.

    By April 3, 2024
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    Change Healthcare cyberattack

    Change cyberattack likely ‘minor setback’ for nonprofit hospitals: Fitch

    The ratings agency doesn’t anticipate a credit impact to nonprofits as long as providers can return to normal operations soon and maintain a large enough cash cushion during the outage.

    By April 2, 2024
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    UHS could face hit from $535M judgment against subsidiary

    Damages could shrink on appeal and Universal Health Services has malpractice insurance to cover some costs, but the for-profit’s exposure from the case could still amount to hundreds of millions of dollars.

    By April 2, 2024
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    UCLA Health acquires California hospital from HCA

    The purchase of the 260-bed facility will help address inpatient capacity needs, UCLA said.

    By April 1, 2024
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    LD via Getty Images
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    Novant’s proposed purchase of CHS hospitals ‘irreversibly’ harms competition, FTC says

    Antitrust regulators filed this week to block the deal, a move akin to trying to stop a “ball that’s already rolling downhill," one expert said.

    By March 29, 2024
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    Ascension to divest three hospitals in northern Michigan

    The nonprofit giant is working to improve its financials and focus on expanded ambulatory and telehealth offerings.

    By March 27, 2024
  • An illustration of a hospital and a medical corporate building pieced together like a puzzle.
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    Illustration: Xavier Lalanne-Tauzia for Healthcare Blog

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    Steward to sell physician group to UnitedHealth’s Optum Care

    The proposed deal could face regulatory scrutiny, Massachusetts officials say.

    By March 27, 2024
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    Healthcare companies expand perks to recruit talent: report

    The increase stands in contrast to other industries, which have cut back on extra offerings.

    By March 27, 2024
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    erdikocak via Getty Images
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    Tax breaks exceed community care spending at large majority of nonprofit hospitals: report

    Nonprofits’ cumulative “fair share” deficit is enough to pay off the medical debt of everyone in California, Texas, New York and Pennsylvania combined, according to the Lown Institute.

    By March 26, 2024
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    Ascension will outsource Illinois hospitalist functions to PE-backed staffing firm

    Beginning June 1, the Catholic health system will cede responsibility of hospitalist functions to staffing firm SCP Health.

    By March 26, 2024