Tag: business

California bill seeks stricter oversight of private equity in healthcare

Editor's Note A bill in California that aims to increase oversight of private equity healthcare investments is receiving support from consumer advocates, labor unions, and the California Medical Association and opposition from hospitals worried about losing funding sources, the Los Angeles Times reported August 9. Sponsored by Attorney General Rob…

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By: Matt Danford
August 20, 2024
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Cash flow problems plague US nonprofit hospitals, health systems

Editor's Note A new low for median days cash-on hand could spell trouble for US nonprofit hospitals and health systems, Healthcare Dive reported August 12. “Nonprofit hospitals’ cash on hand — the funds immediately available to finance daily operations — is one indicator of financial health,” the outlet reports. “Low cash…

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By: Matt Danford
August 14, 2024
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Vertical integration favors HOPDs over ASCs

Editor's Note Medicare and patient out-of-pocket costs are rising as vertical integration results in more procedures moving to hospital outpatient departments (HOPDs) than to ambulatory surgical centers (ASCs), Becker’s ASC Review reported on August 8. The article summarizes a study published July 25 in Science Direct. Described as "physician vertical…

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By: Matt Danford
August 14, 2024
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Corporate influence concerns arise amid scrutiny of VP nominee’s health record

Editor's Note As Governor of Minnesota, Democratic vice-presidential candidate Tim Walz backed off on nurse staffing ratios as well as healthcare affordability after Mayo Clinic—which is based in the state—raised objections, Managed Healthcare Executive reported August 6. Citing earlier reports from Politico and the Star Tribune on various aspects of…

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By: Matt Danford
August 8, 2024
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Study highlights asset depletion in hospitals acquired by private equity

Editor's Note Acquisition by private equity firms leaves healthcare facilities less equipped to care for patients, according to a recent study published in JAMA. NBC reported the news July 31. Conducted by researchers from the University of California at San Francisco, Harvard Medical School, and Hunter College, this nationwide study…

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By: Matt Danford
August 2, 2024
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Collaborative leaders share strategies for gaining influence, building relationships

Takeaways Successful collaboration requires prioritizing teamwork and aligning new projects and ideas with the overarching goals of the organization. Strategies for making the case for a new project or initiative include establishing subject matter expertise, tailoring the message, and having a win-win mindset. The most influential leaders understand others’ perspectives…

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By: Cynthia Saver, MS, RN
July 31, 2024
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ASC management is a skill: A day in the administrator role

The administrator of an ambulatory surgery center (ASC) wears many hats, doing every odd job in the book to keep their free-standing center safe, compliant, and operational. But what does “wearing many hats” mean exactly? OR Manager spoke with Nyleen Flores, CPMSM, CPCS, CPCO, CASC, chief administrative officer at Lake…

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By: Tarsilla Moura
July 31, 2024
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Mass Brigham cancels surgeries amid worldwide tech outage

Editor's Note A global Microsoft server outage disrupting critical services from airline operations to banking is also having a significant impact on healthcare, according to multiple news reports. On example is a Friday, July 19 report from CBS News reporting that Mass General Brigham, the largest health care system in…

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By: Matt Danford
July 19, 2024
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Epic becomes global no 1 EHR by market share

Editor's Note Epic has the largest market share for hospital electronic health record (EHR) systems in the world, according to a July 8 report from Becker’s Health IT. The company took the top spot after adding 203 hospitals and 24,117 beds outside the U.S. in 2023, with significant growth in…

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By: Matt Danford
July 16, 2024
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Study: Federal antitrust action minimal relative to number of hospital mergers

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,…

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By: Matt Danford
June 27, 2024
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