The median overall profit margin among not-for-profit critical-access hospitals in Medicaid expansion states increased from 1.8% to 3.7%, compared with a decrease from 3.5% to 2.8% among their peers in non-expansion states, a new study found.
After the first COVID-19 positive patient showed up at a New York-Presbyterian hospital, Dr. Laura Forese, the system’s chief operating officer, held daily video conferences with staff. Those efforts would prove fruitful.
In mid-March, nursing and medical students' clinical experiences with direct patient care were quickly put on hold, leaving schools scrambling to find new ways to continue to train medical professionals. Now, they're preparing to reopen.
In this inaugural episode of Modern Healthcare's new podcast, Dr. Rosemary Morgan of John Hopkins Bloomberg School of Public Health about the big and small ways the COVID-19 pandemic is disproportionately affecting women.
As New York enters its fourth month battling the virus, senior facilities are looking back on how the pandemic was able to take such a toll—and working to make sure something like this never happens again.
Some Chicago hospitals hit hardest by COVID-19 aren't getting any money under a $12 billion federal program aimed at helping hospitals survive the pandemic. Meanwhile, wealthy chains are getting plenty of "high-impact" payments from the fund within the CARES Act.
Like other health systems, not-for-profit SSM Health suffered financially from the suspension of elective procedures during the COVID-19 pandemic. Net patient service revenue declined 1.5% year-over-year, while charity care and deductions for uncollectible accounts increased 10% in that time.
The Joint Commission will resume accreditations of healthcare organizations starting in June. But the process will be different due to COVID-19, and that's opening up discussions about the feasibility of virtual surveys long term.
CMS issued a proposed rule to tweak the way it audits the Affordable Care Act's risk-adjustment program, which is meant to reduce incentives for health insurers to cherry-pick the healthiest, low-cost plan members.
Sharp revenue and cash flow declines brought on by the COVID-19 pandemic and the associated suspension of elective procedures will put more hospitals at risk of covenant breaches in 2020, according to Moody's Investors Service.
Northwell Health saw a $141 million operating loss in the quarter ended March 31, partly because it suspended elective procedures beginning March 16. New York regulators have not allowed such procedures to resume in New York City.
Some governors want permission to use the federal aid to plug budget holes due to falling tax revenue from the closures; others fear a virus resurgence could cause more expenses. Others are wrestling over who controls the spending decisions.
Experts are concerned the Centers for Disease Control and Prevention estimates are under-counting the actual number of COVID-19 cases and deaths occurring among healthcare workers, which they say could hinder their response efforts.
Insurance status, behavioral health issues and even perceived or real discrimination are challenges that complicate LGBTQ patients seeking healthcare. Practices that create a welcoming environment for the LGBTQ community may improve access to care.