Editor's Note Rural hospitals throughout the country are struggling to maintain labor and delivery units amid dwindling numbers of births, KFF Health News reported July 15, noting that more than half lack these services entirely. Nationwide, annual births have fallen from 4.3 million in 1957 to below 3.7 million by…
Editor's Note HCA Healthcare reported nearly $1.5 billion in net income for the second quarter (Q2), exceeding expectations, Modern Healthcare July 23 reports. The Nashville-based system attributed part of this success to a significant reduction in contract labor costs, which dropped by more than 25% compared to Q2 2023. This…
Editor's Note Healthcare costs are expected to rise between 7% and 8% in 2025, according to a report from PwC's Health Research Institute. As detailed in a July 17 article from Fierce Healthcare, PwC projections for an 8% increase in the group market and 7.5% in the individual market would…
Editor's Note Heightened demand has made nursing lucrative relative to other professions, especially since the COVID-19 pandemic, according to a May 9 report from healthcare job marketplace Vivian Health. Based on the firm’s proprietary salary data as well as information from the Bureau of labor Statistics, Vivian estimates registered nurses…
Editor's Note Nearly half of Americans struggle to afford health care and prescription medications, according to the latest Healthcare Affordability Index from West Health and Gallup. Newsweek reported on the findings July 17. Based on polling of 5,149 adults, the index shows a decline in affordability by six points since…
Editor's Note Hospital groups are criticizing CMS' proposed 2.6% pay increase for 2025, deeming it insufficient for nonprofit hospitals with operating margins near or below zero, according to a July 11 article in Becker’s Hospital CFO Report. The American Hospital Association and America's Essential Hospitals argue the rise won't cover…
Editor's Note Expected to grow at an average annual rate of 5.6%, US healthcare spending will outpace GDP growth—projected at 4.3%--and rise to $7.7 trillion by 2032, according to a June 28 report in ASC focus. The $7.7 trillion figure amounts to 19.7% of GDP. The report is sourced from…
Editor's Note Federal regulation of hospital mergers is inadequate, according to an April antitrust enforcement study scheduled to be published by the American Economic Association. According to a June 14 report in Modern Healthcare, researchers at universities including Harvard and Yale analyzed insurance claims data from Aetna, Humana, and UnitedHealthcare,…
Editor's Note Nearly half of hospital executives report that their hospitals are not fully prepared to cope with patient volumes, Becker’s Hospital Review reported June 13. Citing the June 12 Hospital Operations Outlook Survey from FTI Consulting, Becker’s reports that nursing and mental and behavior health specialists represent the greatest…
Editor's Note In a first for Northwestern Medicine, surgeons performed a kidney transplant on an awake patient, CBS News reported June 24. John Nicholas, 28, of Chicago, experienced no pain during the May 24 procedure, in which he received an organ from a childhood friend. He was discharged the next…