Editor's Note The wildfire smoke blanketing the Los Angeles region poses significant longer-term health and economic consequences, according to a January 10 article in Bloomberg. Already, the fires have displaced nearly 180,000 people and cost up to $20 million in insured losses, the outlet reports. What remains to be seen…
Editor's Note Healthcare data inaccuracies occur at rates as high as 26.9% in hospitals, with related inefficiencies costing providers up to $20 million annually, HealthLeaders reported January 8. According to the article, these inaccuracies stem from factors such as data entry mistakes, outdated information, inconsistent data standards, and system integration…
Editor's Note Healthcare employment in the US rose by 46,000 from December to January, according to a January 10 report from the Bureau of Labor Statistics (BLS). That is compared to an overall monthly gain of 256,000 in December. Hospital employment rose by 12,000, according to the data, which also…
Editor's Note The US hospital industry continues to face significant financial and structural challenges despite signs of stabilization in 2024, according to a January 9 report from Kaufman Hall. Despite improved operating margins and stable credit outlooks from major rating agencies, a surge in transactions involving financially distressed organizations and…
Editor's Note Patients fared worse in the wake of private equity acquisitions of US hospitals, according to research published January 9 in JAMA Network. Over a decade-long analysis of 73 acquired hospitals and 293 matched controls, declines became more pronounced in the years following acquisition, researchers wrote. Key findings include:…
Editor's Note The 2023-2024 State of Well-Being Report shows a modest improvement in healthcare worker burnout, with 50% reporting feeling burned out in 2023, down from 54% in 2022. HealthLeaders Media reported on the results January 2. According to the article, The Mayo Clinic’s Well-Being Index compiled 79,022 assessments to…
Editor's Note Health insurance coverage of prosthetics remains inconsistent and often inadequate, KFF Health News reported January 6. As a result, many patients face coverage denials due to claims of lack of medical necessity or high costs despite significant advancements in prosthetic technology, such as microprocessor-controlled knees and myoelectric hands.…
Editor's Note GLP-1 drugs may improve surgical outcomes without increasing risks for diabetic patients, according to a January 7 article in Medical Xpress. The article covers a study published in the Annals of Surgery finding that GLP-1 receptor agonists, such as semaglutide and tirzepatide, significantly reduced certain surgical complications in…
Editor's Note United Surgical Partners International Inc. has agreed to pay $1.48 million to settle a proposed class action alleging its 401(k) plan charged excessive fees and included costly investment options, according to a motion filed in Texas federal court, Law360 January 6 reports. The settlement resolves a lawsuit brought…
Editor's Note Mergers and acquisitions (M&A) on the part of hospitals and health systems are expected to increase in 2025, rebounding from a 13% dip over the past year, Modern Healthcare January 7 reports. However, newly empowered state oversight laws are likely to temper the scale and pace of activity,…