Mon.Aug 05, 2024

article thumbnail

Tenet to sell 5 Alabama hospitals to Orlando Health in $910M deal

Fierce Healthcare

Tenet Healthcare will sell off five Alabama hospitals to Orlando Health in a $910 million cash deal. | Tenet Healthcare will sell off five Alabama hospitals to Orlando Health in a $910 million cash deal.

Hospitals 290
article thumbnail

Steward will lay off more than 1,200 workers in Massachusetts

Health Care Dive

The bankrupt health system will lay off workers at the end of the month as it prepares to close two hospitals in the state, according to notices filed with regulators last week.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Clover Health reports first quarterly net income and improves full-year guidance

Fierce Healthcare

For the first time as a public company, Clover Health is announcing its first quarterly net profit, the company said ahead of its second quarter earnings call. | Clover Health is raising its full-year guidance and celebrating a quarterly net income, the first time the insurtech could celebrate this achievement since it has gone public.

147
147
article thumbnail

Walgreens further reduces stake in Cencora for $1.1B

Health Care Dive

The struggling drugstore chain has been chipping away at its stake in Cencora, formerly known as AmerisourceBergen, since last summer.

284
284
article thumbnail

From Payroll Pains to Growth Gains: Streamlining Payroll & HR for Success

Speaker: Joe Sharpe and James Carlson

In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.

article thumbnail

Steward Health Care to lay off more than 1,200 employees in Massachusetts

Fierce Healthcare

Steward Health Care will lay off about 1,200 workers in Massachusetts by the end of the month as it moves to close two hospitals in the state. | Steward Health Care will lay off about 1,200 workers in Massachusetts by the end of the month as it moves to close two hospitals in the state.

Hospitals 147

More Trending

article thumbnail

Guidehealth announces $14M in seed funding, aided by Texas' Memorial Hermann Health System

Fierce Healthcare

Guidehealth announced a $14 million seed round on Tuesday, led by non-profit Memorial Hermann Health System in southeast Texas, entrepreneur Sidd Pagadipati and other healthcare inve | Health tech startup Guidehealth, which assists health systems with value-based care coordination, raised millions in its seed round.

article thumbnail

Experts fear patient harm from FDA’s lab developed test rule

Health Care Dive

Decreased access to diagnostic tests, worsening patient care and practice closures are among the concerns the AMA and others have raised as the regulation takes effect.

article thumbnail

Centene Becomes Latest Insurer To Pull Back On Medicare Advantage Footprint

Home Health Care

Centene Corp. (NYSE: CNC) is set to pull back on Medicare Advantage (MA) in at least six states next year. As the Centers for Medicare & Medicaid Services (CMS) has made cuts to core rates over the last couple of years, insurers have put the brakes on MA expansion. Specifically, Centene will exit Alabama, Massachusetts, New Hampshire, Rhode Island, New Mexico and Vermont in 2025, according to the investment banking company Stephens.

Medicare 108
article thumbnail

A quicker return to normal: How hospitals leverage enhanced recovery after surgery to improve care quality

Health Care Dive

ERAS protocols improve surgical outcomes and get patients home faster. See how they work.

Hospitals 144
article thumbnail

How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.

article thumbnail

Where Client, Employee Feedback Surveys Are Taking Home-Based Care Providers

Home Health Care

This article is a part of your HHCN+ Membership Home-based care providers that are open to receiving employee and client feedback, and then open to acting upon that feedback, have a natural leg up on competitors that don’t do either. In fact, providers that collected employee and customer feedback, and acted on it, were able to recruit 90% more employees, according to data from Activated Insights.

article thumbnail

Cyberattacks: A Recipe for Nurse Burnout and Compromised Patient Care

HIT Consultant

Ashley Franks, Chief Nursing Informatics Officer at TigerConnect Nurses, the backbone of the medical field, have been facing a critical threat: burnout. A recent survey by the National Council of State Boards of Nursing found that nurses are under immense strain due to high workloads and stress, with a significant portion of nurses (between 45% and 56%) feeling emotionally drained, exhausted, and burned out regularly.

Nursing 110
article thumbnail

How Home-Based Care Providers Up The Ante With Sales And Marketing Strategies

Home Health Care

Higher billing rates for home care, lower reimbursement rates for home health care and staffing woes across both sectors up the ante on everything else for providers. With these challenges come opportunities as well. In a recent Home Health Care News webinar, Impactful Sales & Marketing Strategies for Home Health and Home Care Providers , two companies discussed the issues they are facing and how they are working to solve them.

Home Care 100
article thumbnail

Lab Staff Burnout and Understaffing Threaten Patient Care, Survey Reveals

HIT Consultant

What You Should Know: – A new survey by Siemens Healthineers and The Harris Poll sheds light on the pressing issue of understaffing and burnout within the clinical laboratory workforce. The study underscores the critical role of laboratory professionals in patient care and the urgent need for solutions to address these challenges. – The survey was conducted by Siemens Healthineers and The Harris Poll between June 17 and 28, 2024, and included 408 U.S. laboratory professionals.

article thumbnail

Enhance Healthcare Efficiency With Top Payroll & HCM Services

Running a healthcare facility requires precision and care, not just for patients but also for your staff. Our guide, "A Buyer’s Guide to Payroll & HCM Services," helps healthcare providers choose the best provider. Efficient payroll management ensures timely, accurate payments, critical for maintaining staff morale and trust. Compliance support helps navigate complex healthcare regulations and avoid costly fines.

article thumbnail

The Importance of Healthy Sleep Schedules

Healthcare Highways

For students, the benefits of a healthy sleep schedule are particularly important. Transitioning from the relaxed summer schedule to the demands of school can be challenging for your student, but a consistent sleep schedule is crucial for academic success, physical health, and emotional well-being.

98
article thumbnail

CVS Health launches initiative to track extreme heat

Healthcare It News

Enterprise Taxonomy: Node settings: Exclude from Accelerate RSS feed

100
100
article thumbnail

Why Leaders Are Burned Out: They Don’t Delegate!

Baird Group

Healthcare leaders are busy. That doesn’t come as a surprise to anyone, especially healthcare leaders. Healthcare is an industry that has experienced significantly high levels of burnout historically. But burnout has been especially pervasive—and debilitating—since the pandemic. The NIH notes that healthcare workers “seem to be at particular risk for burnout.

article thumbnail

Study: Private Equity Acquisitions Linked to Decline in Hospital Assets

HIT Consultant

What You Should Know: – A new study has revealed a concerning trend in the healthcare industry: a significant decline in hospital assets following private equity acquisitions. The research, published in JAMA , analyzed data from 197 acquired hospitals and found a 24% decrease in total capital assets compared to a 9.2% increase in control hospitals over a two-year period post-acquisition.

article thumbnail

Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.

article thumbnail

Updates and FAQs: Developing and Implementing a Medicaid State Plan Amendment to Authorize Community Health Worker Reimbursement

NASHP

Most states have used COVID-19 pandemic-related federal grant funding to build or strengthen community health worker (CHW) programs, recognizing this workforce’s critical role in community-led linkages with the health and social services ecosystem. CHWs are key to engagement, care coordination, and increasing access to clinical and support services for Medicaid enrollees from their communities.

article thumbnail

The Importance of Healthy Sleep Schedules

Healthcare Highways

For students, the benefits of a healthy sleep schedule are particularly important. Transitioning from the relaxed summer schedule to the demands of school can be challenging for your student, but a consistent sleep schedule is crucial for academic success, physical health, and emotional well-being.

52
article thumbnail

Readers Write: Six Foundations of Highly Productive Technology Teams: How to Handle System and Talent Transitions

HIStalk

Six Foundations of Highly Productive Technology Teams: How to Handle.

84
article thumbnail

Overdose Awareness Day

Healthcare Highways

Every year on August 31 Overdose Awareness Day raises awareness about the ongoing drug crisis. According to Texas Health and Human Services, five Texans die each day from Fentanyl poisoning.

52
article thumbnail

How to Battle Layoffs: The Career Star Accelerator Bootcamp

Facing layoffs in your organization? Support your team members' career transition with Career Star Accelerator Bootcamp: Custom Resume & LinkedIn Revamp + 6 Weeks of Career Coaching. Our certified resume writers will create job search-winning resumes and LinkedIn profiles while they work with a career coach to learn unique strategies to stand out, attract the right employers, automate their job search, and land their dream job.

article thumbnail

Readers Write: A New Industry Standard: How the VBPR IG Is Advancing Value-Based Care

HIStalk

A New Industry Standard: How the VBPR IG Is Advancing.

84
article thumbnail

Overdose Awareness Day

Healthcare Highways

Every year on August 31 Overdose Awareness Day raises awareness about the ongoing drug crisis. According to Texas Health and Human Services, five Texans die each day from Fentanyl poisoning.

52
article thumbnail

Readers Write: The Future of Healthcare Data: Unveiling the Potential of Vector Databases

HIStalk

The Future of Healthcare Data: Unveiling the Potential of Vector.

article thumbnail

Collecting Wisely: Reducing Errors & Accelerating Reimbursements in Healthcare

Clearwave Inc

Reading Time: 3 minutes By Chloe From Clearwave | August 5, 2024 Efficient revenue cycle management is crucial for practice success. As Medicaid/Medicare reimbursements continue to drop along with patient propensity to pay, practices need innovative solutions to streamline collections, reduce claim rejections and accelerate reimbursements. See how Multi-Factor Eligibility verification can transform your practice’s financial performance and patient experience.

article thumbnail

Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

Speaker: Jaye Johnson, CBP

Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.

article thumbnail

Curbside Consult with Dr. Jayne 8/5/24

HIStalk

Throughout my career in healthcare IT, I’ve seen the unintended.

article thumbnail

CMS Finalizes Medicare Payment Rule for Hospitals, Focuses on Equity, Safety, and Innovation

HIT Consultant

What You Should Know: – The U.S. Department of Health and Human Services (HHS) announced the final rule for Medicare payments and policies for inpatient hospitals and long-term care hospitals (LTCHs) for fiscal year (FY) 2025. – The FY 2025 IPPS and LTCH PPS rule focuses on improving health outcomes, addressing social determinants of health, strengthening emergency preparedness, and promoting value-based care.

article thumbnail

HIStalk Interviews Vivek Swaminathan, CEO, Cardamom Health

HIStalk

Vivek Swaminathan is CEO of Cardamom Health. Tell me about.

49