S&P report: Nonprofit hospital downgrades outpaced upgrades in 2023
Editor's Note An S&P report published on August 7 revealed that downgrades of nonprofit hospital ratings outpaced upgrades in 2023, a trend expected to persist despite a slowing pace, Becker’s Hospital CFO Report August 12 reports. The report, which analyzed nonprofit acute healthcare medians, showed a downgrade-to-upgrade ratio of 3.8…
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…
CMS to end Change Healthcare cyberattack assistance program
Editor's Note The Centers for Medicare & Medicaid Services (CMS) has announced assistance for providers affected by the Change Healthcare cyberattack ends next month. According to the June 17 announcement, payments under the Accelerated and Advance Payment (AAP) Program for the Change Healthcare/Optum Payment Disruption (CHOPD) will end July 12,…
Updated physician shortage projections smaller but still significant
Editor's Note The gap between demand and supply could result in a shortage of 13,500 to 86,000 physicians by 2036, according to updated projections published March 21 by the Association of American Medical Colleges (AAMC). Although these figures are smaller than projections in the last report, published in 2021, they…
Medicare offers advance payments for providers impacted by Change Healthcare cyberattack
Editor's Note In a March 9 Press release, CMS announced it will offer emergency funding for healthcare providers experiencing continued disruptions in the wake of a February 21 cyberattack on Change Healthcare, a subsidiary of UnitedHealthGroup and a major processor of medical claims. According to the release, CMS will extend…
Congressional hearing focuses on bill to protect healthcare workers from violence
Editor's Note Nearly 100 house and senate staff attended a January 30 briefing on the Safety from Violence for Healthcare Employees (SAVE) Act, a bill under congressional consideration that aims to protect healthcare workers from assault or intimidation while on the job. In addition to criminalizing these acts, the bill…
HHS launches new initiative to strengthen the US health workforce
Editor's Note The Department of Health and Human Services (HHS) on July 6 expanded upon the recently launched HHS Health Workforce Initiative during an event at Lincoln-West School of Science and Health, a public high school in Cleveland, Ohio, that "prepares students for college and careers in healthcare," Healthcare Purchasing…
Surgeon-scientists represent less than 2% of all investigators awarded NIH funding
Editor's Note A new study led by Yale School of Medicine in New Haven, CT, finds that representation of surgeon-scientists among investigators awarded grant funding by the National Institutes of Health (NIH) remains at 2% over 25 years, despite surgical diseases comprising 30% of the global disease burden. This cross-sectional…
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