COVID-19
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COVID-19
Hospitals paying $24 billion more for labor during the COVID-19 pandemic
Clinical labor costs are up by an average of 8% per patient day, translating to $17 million in additional annual…
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COVID-19
Merck says new COVID-19 medication cuts the risk of hospitalization and death
Merck plans to submit an application for Emergency Use Authorization to the FDA soon based on these findings. October 4,…
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COVID-19
Kaufman Hall: Hospitals could lose $54B this year due to more expenses, sicker patients
by Robert King | September 21, 2021 Hospitals across the country are expected to lose an estimated $54 billion in net income throughout…
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COVID-19
CMS to require staff at hospitals and other facilities to get COVID-19 vaccine or risk funding loss
by Robert King | September 9, 2021 The Biden administration is moving to require all Medicare and Medicaid facilities to vaccinate their workforce,…
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Financial
Providence invests $220M to bolster, retain workforce amid nationwide labor shortage
by Dave Muoio | September 6, 2021 Providence has slated more than $220 million toward hiring and retaining more healthcare professionals. From sign-on…
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COVID-19
Texas Freestanding ERs Essential to Overwhelmed Healthcare System During Surge
More than 200 Facilities Hold Patients in Need of Hospital Beds AUSTIN, Texas, Aug. 30, 2021 /PRNewswire/ — Amid the worst wave…
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COVID-19
FDA Approves First COVID-19 Vaccine
Approval Signifies Key Achievement for Public Health August 23, 2021 Today, the U.S. Food and Drug Administration approved the first…
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COVID-19
Scripps delays nonurgent procedures amid staffing shortages
Mackenzie Bean – August 20th, 2021 Scripps Health is temporarily postponing some medical procedures because of significant staffing shortages and a jump…
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COVID-19
HHS is dedicating $103 million from ARP to address workforce burnout
July 21, 2021 / Jeff Lagasse, Associate Editor The U.S. Department of Health and Human Services, through the Health Resources and…
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COVID-19
Volumes, margins on the rise as hospitals slowly recover from the COVID-19 pandemic
June 29, 2021 / Jeff Lagasse, Associate Editor The numbers indicate the severity of the pandemic is waning, both in terms…
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COVID-19
Judge dismisses lawsuit contesting Houston Methodist’s mandatory COVID-19 vaccine policy
by Dave Muoio | Jun 14, 2021 A lawsuit brought against Houston Methodist by more than 100 employees combating the system’s mandatory COVID-19…
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COVID-19
HHS gives providers flexibility on spending COVID-19 relief funds, updates reporting requirements
by Robert King | Jun 11, 2021 The Department of Health and Human Services left intact a June 30 deadline for providers to…
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COVID-19
Employer health costs projected to rise 6.5% in 2022 due in part to COVID-19
The return of deferred care will increase utilization and health spending, as will investment in new technologies. June 9, 2021…
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COVID-19
Signetic: Mass Vaccinations Done Fast, Done Right
Elizabeth Hofheinz, M.P.H., M.Ed. These days, it would seem difficult to OVERuse the word “unprecedented.” Alas, a never-before-seen pandemic requires…
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COVID-19
Healthcare M&A’s down in 2020 but analysts say COVID-19 is a catalyst for future deals
January 14, 2021 / Mallory Hackett, Associate Editor The financial and operational fallout from the COVID-19 pandemic was felt deeply by the…
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