Editor's Note US hospitals added 12,000 jobs in September to a seasonally adjusted 5,202,900, the Bureau of Labor Statistics reported on October 5. That is up 102,700 more employees than a year ago. Overall, healthcare employment has increased 301,500 in the past year. The overall unemployment rate is 3.7% (down…
Editor's Note The Women’s Choice Award announced on October 1 the Best Children’s Hospitals for 2019. The select group were chosen from nearly 60 Children’s Hospitals in the nation and represent those that have met the highest standards for childcare. Award winners include: Children’s Hospital & Medical Center, Omaha Connecticut…
Editor's Note The Centers for Medicare and Medicaid Services (CMS), on orders from Congress, is easing its annual readmission penalties on hospitals servicing low-income residents, the September 26 Kaiser Health News reports. The penalties are part of the Affordable Care Act’s effort to encourage better care. The sanctions have been…
Editor's Note Patients who receive care in for-profit hospitals are more likely to be readmitted than patients in nonprofit public hospitals, this study finds. Using data from 14,307 hospital reports from the national Hospital Readmission Reduction Program for six major diseases, including coronary artery bypass grafting and total hip and…
Editor's Note The Centers for Medicare and Medicaid Services (CMS) will be unveiling new payment models centered on high-cost areas as part of ongoing efforts to advance value-based payment (VBP) care, and some models could be mandatory, the September 20 Healthcare Finance News reports. Healthcare providers can expect reduced regulatory…
According to a 2016 McKesson report, payers expect value-based reimbursement, including bundled payments, to grow from a third of their business to a majority of it in 5 years. And as noted in Part 1 of this two-part series (OR Manager, September 2018, 1, 13-17), bundles are advancing on multiple…
As hospital administrators face shrinking operating margins, OR leaders are being called upon to create innovative approaches for boosting revenue. Adding a new service line is one option, but it carries both risks and rewards. Only by careful analysis and follow-through can OR leaders hope to tip the balance to…
Editor's Note Accountable care organizations (ACOs) and other value-based payment (VBP) models are increasing in the US, and there is no longer any question of whether private payers and the Centers for Medicare and Medicaid Services (CMS) will continue to support value-based payments, according to the August 14 Health Affairs…
Editor's Note With the announcement by Amazon, Berkshire-Hathaway, and JP Morgan to form a nonprofit consortium to manage costs and quality of healthcare for their employees, nursing leaders are looking at its implications and asking questions: Is nursing care affordable if it is not linked to improved outcomes? What price…
Editor's Note US hospitals added 8,200 jobs in August to a seasonally adjusted 5,189,300, the Bureau of Labor Statistics reported on September 7. That is up 94,600 more employees than a year ago. Overall, healthcare employment has increased by 301,100 in the past year. The overall unemployment rate is 3.9%.