Editor's Note: Stacking additional responsibilities and titles atop pre-existing leadership responsibilities is becoming more common among health system executives, according to a January 24 report in Becker’s Hospital Review. Not including the most obvious overlapping pairings, such as chief medical officer and chief medical informatics officers, the most common parings…
Editor's Note: Pennsylvania hospitals and health systems lost a total of $8.1 billion to COVID-19 between January 2020 and December 2022, HealthLeaders reported on January 18. In addition to illuminating the new data from The Pennsylvania Health Care Cost Containment Council and The Hospital and Healthsystem Association of Pennsylvania, the…
Editor's Note: Rural communities are at serious risk due to hospitals’ increasing inability to offer labor and delivery services, according to a new report from the Center for Healthcare Quality & Payment Reform. Highlights include: More than half (55%) of rural hospitals in the U.S. do not offer labor and…
Takeaways • Perioperative business managers can make significant contributions to a hospital’s financial health, but more than half of hospitals do not have this role. • Business managers’ earnings have increased in the past 5 years, while the number of direct reports has risen slightly. • The bachelor’s degree has…
Editor's Note: Hospitals and health systems are reporting improved operating margins and increases in revenue as they continue their long recovery from the effects of the COVID-19 pandemic, according to a January 10 report from Chief Healthcare Executive. Citing the National Hospital Flash Report from Kaufman Hall, the article notes…
Editor's Note: Investors see particular opportunity for mergers in healthcare and life sciences companies, Chief Healthcare Executive reported January 5. Citing the 2024 outlook of audit, tax, and advisory firm KPMG, the report notes that 61% of investors expect deal-making to increase in these sectors, while only 9% expect to…
Editor's Note The 2024 forecast for nonprofit hospitals is likely to remain challenging, according to the latest annual Fitch Ratings outlook, Chief Healthcare Executive December 6 reports Some highlights of the report include: The outlook for 2024, which was identified as “deteriorating,” is based on three ongoing challenges for nonprofit hospitals:…
Editor's Note A study from economists and public health officials in the September 2023 issue of the journal American Economic Review: Insights found that when undocumented immigrants were provided assistance to visit primary care doctors via a pilot program, it resulted in a 21% drop in emergency room (ER) use.…
Editor's Note “Has your CNO [chief nursing officer] ever said you are the CEO of your department?” Jessica Gruendler, DNP, senior director of nursing, Perioperative Services, at Dignity Health, posed to OR Manager Conference attendees at the start of this session in a packed room with standing room only. A…
Editor's Note Poor personal financial health has been linked to well-being, including burnout, substance abuse, and worsening personal relationships. This secondary analysis of a survey led by the Yale School of Medicine, New Haven, Connecticut examines the financial well-being of surgical residents in New England. A total of 250 surgical…