Tag: Financial costs

Antitrust guideline withdrawal could dampen M&A, boost uncertainty for provider joint ventures

Editor's Note In a move that could hinder provider-led joint ventures and increase regulatory uncertainty, the Federal Trade Commission (FTC) and the Justice Department have withdrawn antitrust guidance issued in 2000. Modern Healthcare reported the news on December 16. Passed in a 3-2 vote, the decision eliminates previously relied-upon safe…

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By: Matt Danford
December 18, 2024
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Fitch Ratings: Hospital credit outlook improves amid stabilizing margins

Editor's Note The credit outlook for the nonprofit hospital sector improved from “deteriorating” to “neutral” in Fitch Ratings’ 2025 report, the first revision in more than 2 years. Healthcare Dive reported the news December 11.  According to the outlet, Fitch attributes the shift to “steady improvement” in hospital operating margins,…

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By: Matt Danford
December 17, 2024
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Surveyed nurses, physicians likely to quit

Editor's Note Nearly half of nurses and physicians surveyed for a KLAS Arch Collaborative report expressed a likelihood leaving their current organization within two years, with 21% of nurses and 13% of physicians actually departing. According to a December 6 report in HIT Consultant, this trend trend carries substantial financial…

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By: Matt Danford
December 13, 2024
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Study: Rural hospital mergers, acquisitions boost financial stability, care access

Editor's Note Data show nearly half of rural hospitals categorized as high-risk financially improved their stability after mergers, acquisitions, or affiliations (M&A) with larger health systems, Fierce Healthcare reported December 2. Conducted by Dobson DaVanzo & Associates and commissioned by the Coalition to Strengthen America’s Healthcare, the analysis found that 110…

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By: Matt Danford
December 4, 2024
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House report criticizes COVID-19 pandemic response, calls for reform

Editor's Note A Republican-led House subcommittee investigating the COVID-19 pandemic released a 520-page final report summarizing its two-year inquiry, outlining recommendations for future pandemic preparedness and critiquing both US and global responses to the crisis. CNN reported the news December 2. The report concludes that COVID-19 most likely emerged from…

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By: Matt Danford
December 3, 2024
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Hospital financial report predicts stability, high cybersecurity costs for 2025

Editor's Note Hospitals’ financial outlook is stable, although growth is slowing and certain costs are projected to increase, particularly for cybersecurity, according to two recent Becker’s reports on data from Moody’s Investor Services. The first, published November 14 in Becker’s Hospital CFO Report, notes that “hospitals are facing a stable…

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By: Matt Danford
November 20, 2024
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Analysis: Overuse of back surgeries costs Medicare $2 billion, risks patient safety

Editor's Note More than 200,000 unnecessary back surgeries were performed on older adults from 2019 to 2021, costing Medicare approximately $2 billion and exposing patients to avoidable risks, according to a November 14 analysis from the Lown Institute. The evaluation focused on spinal fusion, laminectomy, and vertebroplasty procedures, which are…

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By: Matt Danford
November 15, 2024
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GOP-controlled Senate to prioritize drug pricing, health agency reform

Editor's Note Republicans secured a 51-seat majority in the US Senate after victories in Ohio and West Virginia, promising a power shift that will see GOP leaders shaping decisions on pressing issues like drug pricing, public health agency reform, and rural healthcare. On November 6, STAT published an overview of…

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By: Matt Danford
November 6, 2024
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Health systems face declining margins, cut leadership amid rising costs

Editor's Note Four consecutive months of reduced health system margins have resulted in significant layoffs and restructuring in top leadership, Becker’s Hospital Review reported September 30. According to the article, which cites Strata Decision Technology's August Healthcare Industry Financial Benchmarks report, average health system margins fell to 1.9% in August,…

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By: Matt Danford
October 1, 2024
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Why nurse travelers are more friends than foes

Many are quick to blame travelers for the poor state of hospital finances. However, isn’t there a difference between a traveler in the OR—an interim staff member in the hospital’s profit center—and an interim RN in an area financially supported by OR profits? What about the argument that travelers can…

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By: Josiah Whitman
September 25, 2024
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