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Healthcare news this week …

Loyola health system CEO takes job out West

Loyola health system CEO takes job out West

By Kristen Schorsch  |  February 21, 2018

Larry Goldberg, 56, will be president of the university medical division at Banner Health, a not-for-profit based in Phoenix with 28 hospitals and other ventures in six states.

Tennessee seeks $250 million in uncompensated-care funds

Tennessee seeks $250 million in uncompensated-care funds

February 21, 2018

Tennessee is looking to reverse an Obama-era cut to its uncompensated-care costs and secure more money from the Trump administration, saying the current federal funding isn't enough to cover its hospitals' losses.

Mercy Health and Bon Secours to merge

Mercy Health and Bon Secours to merge

February 21, 2018

Mercy Health and Bon Secours Health System plan to merge, forming a 43-hospital organization that serves seven states with $8 billion in net operating revenue, the systems announced Wednesday.

News from other sources

By Modern Healthcare  |  February 21, 2018

HIV/AIDS patients sue CVS, researchers try ultrasound for Alzheimer's treatment, and genotype-based diets fail.

Mayo Clinic CEO Noseworthy to retire

Mayo Clinic CEO Noseworthy to retire

February 20, 2018

Mayo Clinic President and CEO Dr. John Noseworthy will retire at year's end after nearly a decade leading the Rochester, Minn.-based health system.

What it costs hospitals to reverse an opioid overdose

What it costs hospitals to reverse an opioid overdose

By Kristen Schorsch  |  February 20, 2018

Some patients who overdose are revived quickly with a reversal drug like naloxone. But depending on how fast they reach the hospital, and what kind of opioid they took, others may be put on a ventilator. They can wind up in the hospital for days, perhaps weeks.

Prime Healthcare's medical school receives preliminary accreditation

Prime Healthcare's medical school receives preliminary accreditation

February 20, 2018

California University of Science and Medicine's School of Medicine is expected to open in August. Prime Healthcare Foundation, the not-for-profit affiliate of for-profit health system Prime Healthcare Services, provided more than $60 million for establishment of the medical school.

EHRs do not lower administrative billing costs, study finds

EHRs do not lower administrative billing costs, study finds

February 20, 2018

Electronic health records were supposed to lower administrative costs, but they may not be getting the job done, according to the study. Administrators and clinicians sometimes spend more than an hour on billing and insurance activities for a single visit.

Physicians decry consequences of consolidation

Physicians decry consequences of consolidation

February 20, 2018

The decline of the independent medical practice and lack of physician-owned hospitals caused by consolidation have negative implications for continuity of patient care, quality, innovation and cost, the Physicians Advocacy Institute warned Congress.

Ascension's operating margin dips in earnings report

Ascension's operating margin dips in earnings report

February 19, 2018

Ascension saw its operating margin squeezed during the latter half of 2017 as a result of slumping admissions and revenue lost from divestitures. At the same time, the system has managed to draw more revenue per discharge.

Data Points: One budget gives, another looks to take away

Data Points: One budget gives, another looks to take away

By Modern Healthcare  |  February 17, 2018

President Donald Trump's fiscal 2019 budget blueprint includes a 21% reduction in HHS' overall budget. Beyond cuts to Medicare and Medicaid, smaller programs would also see their funding shrink.


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