Healthcare is an economic paradox. On one hand, it's our nation's fastest-growing employer, projected to add 15.6 million jobs by 2022. On the other, high costs coupled with an aging population are breaking budgets.
The hips and knees of the nation's seniors were an obvious target for Medicare's first mandatory test of an alternative payment model for hospitals. But joint replacement isn't the only possible target. Hospitals are now on notice that Medicare will move ahead if they don't do it on their own.
Healthcare has lagged other industries in investment and innovation in information technology. Now, scrambling to catch up, hospitals and health systems are facing a tight supply of skilled IT managers and executives that is holding them back.
Hospitals and investors are banking on the U.S. Supreme Court or the states to save premium subsidies that have made health insurance affordable for 6.4 million people in 34 states. But the stocks of publicly traded hospital companies could take a big hit if that doesn't happen.
Ascension Health, the St. Louis-based not-for-profit that includes one of the largest U.S. health systems, sees self-insured employers as the market for its growing health insurance arm.
San Francisco-based Dignity Health has tapped Stephen Foerster to serve as chief strategy officer for its Bay Area service area.
Connecting monitoring devices and EHRs is likely to become a growth business over the next decade. Once they do start communicating, together they could also help clinicians improve care and raise hospital productivity.
Geisinger Health System demonstrated software for rheumatologists at the Healthcare Information and Management Systems Society meeting Monday to promote its effort to disseminate its clinical management tools for use by other healthcare providers.
Provider-owned health plans continue to spring up or get larger as more hospitals and physician groups are moving to take on financial risk for their patients under value-based and capitated payment contracts.
Dr. David Feinberg's knack for improving patient-satisfaction scores and transforming the culture at the UCLA Hospital System was a major reason Geisinger Health System last week named him its next CEO, Geisinger leaders say.
Geisinger Health System, the six-hospital group that also has health plan operations, maintained its operating margin in the first six months of fiscal 2015 as acquisitions added revenue but also increased costs.
Geisinger's second century of innovation: Health system spreading best practices through new company
One hundred years ago, when Abigail Geisinger, the widow of an iron mining magnate, founded the 63-bed George F. Geisinger Memorial Hospital in Danville, Pa., she told the chief surgeon: “Make my hospital right; make it the best.”