Tag: Profitability

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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How GLP-1 drugs impact health systems expansion, investment plans

Editor's Note A shuttered bariatric surgery center in Oklahoma last month is just one example of how the rise of Glucagon-like peptide-1 (GLP-1) agonists are reshaping health systems’ investments, Axios reported August 13. Rather than “massive hospital towers with cardiology clinics, dialysis beds and joint replacement centers,” the focus is…

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By: Matt Danford
August 23, 2024
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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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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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Surgical ethics: Does money speak louder?

Although I am not a healthcare professional, working for OR Manager offers a peek behind the curtain. What I have learned so far has left me feeling a bit conflicted. When I took this job back in December, I assumed the hospital ecosystem was driven entirely by the Hippocratic Oath.…

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By: Matt Danford
July 31, 2024
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Unpacking the impact of private investment on innovation, ASCs

One privilege of living at this time in history is the availability of choice, especially for health and surgical needs. Those who make healthcare their business understand this as well. According to Tanna et al, ambulatory surgery centers (ASCs) are spreading to rural areas, hospitals are creating hybrid outpatient surgery…

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By: Dr Rosemary Babeaux, DNP, RN, NE-BC, EBP (CH)
July 31, 2024
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Doctors hit by cyberattack seek legal action against UnitedHealth

Editor's Note Doctors are urging the American Medical Association (AMA) to take legal action or otherwise help recoup their losses from the February 21 Cyberattack on Change Healthcare, a division of United HealthGroup. Forbes reported the news June 3. The article cites a a resolution before the AMA’s reference committee on amendments…

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By: Matt Danford
June 5, 2024
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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…

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By: Matt Danford
June 4, 2024
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Built to grow: Key elements of planning a new ASC

Are you part of the ambulatory surgery center (ASC) construction boom? If so, you’re not alone. Approximately 116 new facilities opened in 2023, according to Becker’s ASC Review, and more are planned for and underway in 2024. This trend shows no signs of slowing. Fortune Business Insights projects the US…

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By: Brendan Dooley
May 24, 2024
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HCA Healthcare reports solid first-quarter financials

Editor's Note Solid operating margins and an improved payer mix contributed to robust financial outcomes for HCA Healthcare in the first quarter of 2024, including “significant growth” in inpatient admissions, surgeries and emergency room visits, according to an April 29 article on Investing.com. According to the report, outpatient surgery revenue…

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By: Matt Danford
May 2, 2024
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