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…
Hospital margins, ED visits up, length of stay down in April, Kaufman report reveals
Editor's Note The median hospital margin of 3.8% for April is an improvement over the previous month and year-over-year, according to the latest National Hospital Flash Report from Kaufman Hall. Compiled by Kaufman and Syntellis Performance Solutions (now part of Strata), the monthly report analyzes 3 years’ worth of both…
Hospitals boost cybersecurity budgets, staff
Editor's Note Hospital head counts and budgets reflect a growing emphasis on cybersecurity, according to a recent Moody’s Investment Service report. As detailed in an April 25 report in Becker’s Health IT, the Moody’s report is based on data from 148 healthcare organizations, 77% of which are hospitals. Cybersecurity team…
Nonprofit hospitals face ongoing struggles in 2024
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:…
High labor costs, weak margins continue at nation’s nonprofit hospitals
Editor's Note An October 2023 report from Fitch Ratings finds that nonprofit hospitals will continue to have weak operating margins into 2024 and need to control labor costs in order to return to stronger margins, Chief Healthcare Executive October 5 reports. Some highlights of the report include: Median operating margins…
Free Daily News
- Study: Education, exercise improve knee OA with or without prior surgery
- Study: Early surgery outperforms endoscopy for long-term pancreatitis
- Study: Blood thinner, NSAID combination raises bleeding risk
- Hospital financial report predicts stability, high cybersecurity costs for 2025
- IV fluid shortage drives innovation in hospital hydration practices
- FDA Class 1 recalls target anesthesia workstations, ambulatory infusion pumps, ventilators
- Five leadership lessons from an ASC CEO
- CMS final rule for CY 2025: Key updates impacting Medicare payments, quality programs
- GAO urges HHS to strengthen cybersecurity oversight
- Study: GLP-1s reduce TKA complications for non-diabetic patients with obesity