Health Care Quality Digest

Patients benefit from post-acute care

Healthcare It News

APRIL 24, 2024

New data shows how post-acute facilities understand patients' needs and can provide services that both improve outcomes and meet CMS' value-based care standards. Heidi Wold, chief population health officer at Longevity Health Plan, explains.

Population Health

Humana's stock tumbles pre-market as it posts $541M loss in Q4

Fierce Healthcare

JANUARY 25, 2024

Humana primed the pump last week for a disappointing fourth quarter call, and its stock again dropped Thursday morning as the company posted a $541 million loss. Humana primed the pump last week for a disappointing fourth quarter call, and its stock again dropped Thursday morning as the company posted a $541 million loss.

Reduced post-acute care rates could save Medicare billions

Fierce Healthcare

OCTOBER 16, 2023

A research brief out of think tank Urban Institute evaluates the prospect of reducing Medicare spending by reining in excessive post-acute care rates. | New research shows that MedPAC's previous proposal for a unified payment structure for post-acute care could save Medicare billions.

Medicare

Mayo Clinic posts $4.5B in operating revenue for Q3

Health Care Dive

NOVEMBER 17, 2023

After a rocky 2022, the Minnesota-based nonprofit has posted a net income in three consecutive quarters on sustained volumes and moderating expenses.

ACOs want increased participation of long-term and post-acute care providers

Fierce Healthcare

FEBRUARY 20, 2024

Accountable care organizations are calling on the feds to increase participation of long-term and post-acute care providers in ACOs and to better incorporate episodic-based payments. Payers, providers, ACO leaders and advocacy groups convened to discuss how to improve long-term and post-acute care participation in ACOs.

Accountable Care

Accountable Care Accountability

UnitedHealth Group posts $1.4B loss in Q1 amid Change cyberattack fallout

Fierce Healthcare

APRIL 16, 2024

UnitedHealth Group released its first-quarter earnings Tuesday morning as the industry continues to reel from the massive cyberattack on its Change Healthcare unit. UnitedHealth Group released its first-quarter earnings Tuesday morning as the industry continues to reel from the massive cyberattack on its Change Healthcare unit.

Healthcare

Doximity slashes 10% of workforce amid post-COVID pressures

Health Care Dive

AUGUST 10, 2023

CEO Jeff Tangney attributed the company’s slowdown to “post-COVID upsell weakness,” while also reducing Doximity’s revenue guidance for fiscal year 2024.

Elevance ups bet on post-acute focus

Health Care Dive

JULY 26, 2022

The payer, formerly known as Anthem, is leveraging its recent acquisition of myNexus to scale a new post-acute product to all of its Medicare markets, executives said last week.

Medicare

Hospitals continue post-COVID recovery: Kaufman Hall

Health Care Dive

NOVEMBER 29, 2023

Margins and volumes are still stabilizing above pandemic levels, according to a new report from the consultancy.

Hospitals

Providence improves in 2023, but still posts $600M net loss

Health Care Dive

MARCH 8, 2024

The nonprofit cut losses compared to 2022 as it implemented a financial recovery strategy, but expenses continued to plague the system.

Medicare Advantage plans provide less intensive post-acute care, study finds

Health Care Dive

FEBRUARY 21, 2024

The research found no differences in 30-day hospital readmissions or mortality, but the study’s authors said more analysis on patients’ long-term functioning was needed.

Medicare

Medicare Hospitals

Centene boosts guidance as it posts Q1 revenue, profit beat

Fierce Healthcare

APRIL 26, 2024

Centene Corporation is boosting its guidance for the year following a quarter where it beat the Street in both profit and revenue. Centene Corporation is boosting its guidance for the year following a quarter where it beat the Street in both profit and revenue.

Providers pitch their post-Change cybersecurity policy fixes to sympathetic Congress

Fierce Healthcare

APRIL 16, 2024

Healthcare providers held the receptive ears of lawmakers during a congressional hearing Tuesday morning exploring cybersecurity and related policy changes to be made in the wake of the Change Heal | With UnitedHealth Group out of the room, lawmakers were happy to entertain providers' calls for greater third-party cybersecurity liability and antitrust (..)

Healthcare Providers

Healthcare Providers Healthcare

Industry Voices—Where we go from here: Community pharmacy in a post-pandemic world

Fierce Healthcare

MAY 11, 2023

Industry Voices—Where we go from here: Community pharmacy in a post-pandemic world pminemyer Thu, 05/11/2023 - 14:47

Scripps ransomware post-mortem reveals significant ripple effects for nearby hospitals

Fierce Healthcare

MAY 9, 2023

Scripps ransomware post-mortem reveals significant ripple effects for nearby hospitals aburky Tue, 05/09/2023 - 16:00

Hospitals

Humana names inaugural ‘Growth President’ after posting grim financial outlook

Health Care Dive

JANUARY 26, 2024

David Dintenfass will have his hands full trying to right the ship, as Humana stares down expectations for notably slower growth in 2024 and beyond.

UnitedHealth posts $5.8B in profit, $92.4B in revenue on Q3 beat

Fierce Healthcare

OCTOBER 13, 2023

UnitedHealth Group kicked off another round of quarterly earnings calls Friday morning, when it reported $5.8 billion in profit for the third quarter. UnitedHealth Group kicked off another round of quarterly earnings calls on Friday morning, where it reported $5.8 billion in profit for the third quarter.

Could contentious payer-provider negotiations become the post-COVID norm?

Fierce Healthcare

SEPTEMBER 13, 2023

Providers are under significant pressure as the COVID-19 pandemic effects wear on, so it shouldn't come as a surprise that they're pushing payers for more in contract negotiations.

Humana posts stronger-than-expected Q1 earnings with robust membership growth

Fierce Healthcare

APRIL 26, 2023

Humana posts stronger-than-expected Q1 earnings with robust membership growth hlandi Wed, 04/26/2023 - 07:30

Humana posts big loss, dour outlook on Medicare Advantage cost spike

Health Care Dive

JANUARY 24, 2024

The health insurer’s stock plunged Thursday morning following its 2023 results, which fell startlingly short of Wall Street’s expectations.

Medicare

Clover Health trends upwards after fourth quarter earnings, posts adjusted EBITDA loss of $19M

Fierce Healthcare

MARCH 13, 2024

Insurtech Clover Health execs are reiterating their path to profitability is headed in the right direction. Supported by a much-improved medical cost ratio, Clover Health execs expect to hit adjusted EBITDA profitability this year.

Cigna Group posts $1B in profit in Q4 earnings beat

Fierce Healthcare

FEBRUARY 2, 2024

The Cigna Group beat the Street on both profit and revenue in the fourth quarter, where it reported $1 billion in earnings. | The Cigna Group beat the Street on both profit and revenue in the fourth quarter, where it reported $1 billion in earnings.

Hospitals are seeing higher acuity patients, struggling to discharge to post-acute care settings, report finds

Fierce Healthcare

JULY 25, 2023

Hospitals are finding it harder to place patients into post-acute care settings, a new report finds. | The number of referrals to nursing homes and home health agencies per patient has increased over the last year, as has patient acuity. At the same time, referral rejection rates are also on the rise.

Hospitals

Hospitals Nursing

Elevance Health boosts guidance as it posts $1.3B in Q3 profit

Fierce Healthcare

OCTOBER 18, 2023

Elevance Health reported $1.3 billion in profit for the third quarter, beating the Street but falling short of the prior-year quarter's haul. Elevance Health reported $1.3 billion in profit for the third quarter, beating the Street but falling short of the prior-year quarter's haul.

CDC offers updated advice for healthcare facilities' masking policies post-public health emergency

Fierce Healthcare

MAY 11, 2023

CDC offers updated advice for healthcare facilities' masking policies post-public health emergency dmuoio Thu, 05/11/2023 - 16:35

Healthcare

Advocate Health reports 0.1% operating margin, $579M net gain for its first post-merger quarter

Fierce Healthcare

MAY 30, 2023

operating margin, $579M net gain for its first post-merger quarter dmuoio Tue, 05/30/2023 - 17:10 Advocate Health reports 0.1%

Elevance Health sees double-digit profit growth in Q1, posting $2.2B in earnings

Fierce Healthcare

APRIL 18, 2024

Elevance Health's first-quarter profit grew by double digits year over year, reaching $2.2 billion, according to its earnings report released Thursday morning. Elevance Health's first-quarter profit grew by double digits year over year, reaching $2.2 billion, according to its earnings report released Thursday morning.

One Medical posts revenue, membership gains as it preps for Amazon acquisition

Healthcare It News

AUGUST 5, 2022

Year-over-year, compared to the three months ending June 30, 2021, the technology-enabled primary care provider posted the following numbers: Net revenue was $255.8 One Medical announced is 2nd quarter financial results this week, showing growth in both net revenue and membership. million YOY, compared to $120.4

Primary Care

Primary Care Healthcare

Centene posts $172M loss in Q2

Health Care Dive

JULY 26, 2022

Despite the loss, the payer beat analyst expectations in a number of key metrics and raised its financial outlook for the remainder of the year.

Humana taps leader for CenterWell arm, posts $15M loss in Q4

Fierce Healthcare

FEBRUARY 1, 2023

Humana taps leader for CenterWell arm, posts $15M loss in Q4 pminemyer Wed, 02/01/2023 - 07:33

Walgreens posts $6B loss on waning VillageMD value; ups clinic closures

Health Care Dive

MARCH 28, 2024

The retail pharmacy chain has closed 140 VillageMD locations to date to cut costs, blowing past its previous goal of 60 closures.

UnitedHealth Group boosts guidance as it posts $4.1B in profit for Q3

Fierce Healthcare

OCTOBER 14, 2021

UnitedHealth Group boosts guidance as it posts $4.1B in profit for Q3. Thu, 10/14/2021 - 07:25.

UHS posts strong profits as acute and behavioral care revenue rises

Health Care Dive

APRIL 25, 2024

The for-profit health system’s revenue rose by more than 10% in the first quarter.

CVS Health posts $1.9B in Q2 profit as it cuts costs, lays off 5,000 employees

Fierce Healthcare

AUGUST 2, 2023

Drugstore chain and pharmacy benefit manager CVS Health posted $1.9 bi | CVS Health posted its second-quarter earnings Wednesday morning, where it reported $1.9 billion in profit in the second quarter, down 36% from the same period a year ago when the company reported net income of $2.9 billion in profit and a 10% bump in revenue.

Healthcare

CHS posts 2022 profit dip on heels of cyber breach

Health Care Dive

FEBRUARY 16, 2023

The earnings come two days after CHS announced that it experienced a security breach that potentially exposed the health information of 1 million patients.

Kaiser Permanente posts $4.5B net loss in 2022, driven by rising costs, investment losses

Fierce Healthcare

FEBRUARY 13, 2023

Kaiser Permanente posts $4.5B net loss in 2022, driven by rising costs, investment losses agliadkovskaya Mon, 02/13/2023 - 15:23

Consumer demand for more digital security is up post-Roe. Can femtech deliver on it?

Fierce Healthcare

DECEMBER 5, 2022

Consumer demand for more digital security is up post-Roe. Can femtech deliver on it? agliadkovskaya. Mon, 12/05/2022 - 20:19.

Walgreens invests $330M in CareCentrix in post-acute care bet

Health Care Dive

OCTOBER 15, 2021

Walgreens significantly invested in two companies to meet its long-term strategy, with one focused on primary care and the other on post-acute care.

Primary Care

Preparing for Post-Quantum Cryptography

The Rand Blog

APRIL 22, 2024

What can we do with post-quantum cryptography now to prepare for the future? A steady stream of advances in quantum computing technology is increasing the urgency to standardize and implement algorithms which are resistant to both present-day computing and on-the-horizon quantum computing.

Boosted by federal funds, Mass General Brigham posts profit in FY 2023

Health Care Dive

DECEMBER 11, 2023

The Boston-based operator posted a $432 million operating loss last year.

Larger hospital mergers expected in post-pandemic market, Kaufman Hall says

Health Care Dive

APRIL 17, 2023

Mergers and acquisitions are trending toward cross-regional partnerships, and the size of the smaller party in mergers is increasing to between $250 million and $750 million in annual revenue, according to the report.

Hospitals

Elevance Health posts $856M in profit in Q4 earnings beat

Fierce Healthcare

JANUARY 24, 2024

Elevance Health beat the Street on both earnings and revenue for the fourth quarter of 2023, reporting $856 million in profit. Elevance Health beat the Street on both earnings and revenue for the fourth quarter of 2023, reporting $856 million in profit.

Intermountain posts $549M profit after revenue grew in Q1

Health Care Dive

MAY 23, 2023

The health system’s expenses, though, climbed 44% to $3.7 billion, with a large portion coming from employee compensation and benefits.

Post-ACA hospital readmission gains evaporate when accounting for observation stays, study finds

Fierce Healthcare

NOVEMBER 28, 2022

Post-ACA hospital readmission gains evaporate when accounting for observation stays, study finds. Mon, 11/28/2022 - 14:46.

Accountability

Accountability Hospitals

Patients benefit from post-acute care

Humana's stock tumbles pre-market as it posts $541M loss in Q4

Trending Sources

Reduced post-acute care rates could save Medicare billions

Mayo Clinic posts $4.5B in operating revenue for Q3

ACOs want increased participation of long-term and post-acute care providers

UnitedHealth Group posts $1.4B loss in Q1 amid Change cyberattack fallout

Doximity slashes 10% of workforce amid post-COVID pressures

Elevance ups bet on post-acute focus

Hospitals continue post-COVID recovery: Kaufman Hall

Providence improves in 2023, but still posts $600M net loss

Medicare Advantage plans provide less intensive post-acute care, study finds

Centene boosts guidance as it posts Q1 revenue, profit beat

Providers pitch their post-Change cybersecurity policy fixes to sympathetic Congress

Industry Voices—Where we go from here: Community pharmacy in a post-pandemic world

Scripps ransomware post-mortem reveals significant ripple effects for nearby hospitals

Humana names inaugural ‘Growth President’ after posting grim financial outlook

UnitedHealth posts $5.8B in profit, $92.4B in revenue on Q3 beat

Could contentious payer-provider negotiations become the post-COVID norm?

Humana posts stronger-than-expected Q1 earnings with robust membership growth

Humana posts big loss, dour outlook on Medicare Advantage cost spike

Clover Health trends upwards after fourth quarter earnings, posts adjusted EBITDA loss of $19M

Cigna Group posts $1B in profit in Q4 earnings beat

Hospitals are seeing higher acuity patients, struggling to discharge to post-acute care settings, report finds

Elevance Health boosts guidance as it posts $1.3B in Q3 profit

CDC offers updated advice for healthcare facilities' masking policies post-public health emergency

Advocate Health reports 0.1% operating margin, $579M net gain for its first post-merger quarter

Elevance Health sees double-digit profit growth in Q1, posting $2.2B in earnings

One Medical posts revenue, membership gains as it preps for Amazon acquisition

Centene posts $172M loss in Q2

Humana taps leader for CenterWell arm, posts $15M loss in Q4

Walgreens posts $6B loss on waning VillageMD value; ups clinic closures

UnitedHealth Group boosts guidance as it posts $4.1B in profit for Q3

UHS posts strong profits as acute and behavioral care revenue rises

CVS Health posts $1.9B in Q2 profit as it cuts costs, lays off 5,000 employees

CHS posts 2022 profit dip on heels of cyber breach

Kaiser Permanente posts $4.5B net loss in 2022, driven by rising costs, investment losses

Consumer demand for more digital security is up post-Roe. Can femtech deliver on it?

Walgreens invests $330M in CareCentrix in post-acute care bet

Preparing for Post-Quantum Cryptography

Boosted by federal funds, Mass General Brigham posts profit in FY 2023

Larger hospital mergers expected in post-pandemic market, Kaufman Hall says

Elevance Health posts $856M in profit in Q4 earnings beat

Intermountain posts $549M profit after revenue grew in Q1

Post-ACA hospital readmission gains evaporate when accounting for observation stays, study finds

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