COVID-19
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Hospitals
How many employees have hospitals lost to vaccine mandates? Here are the numbers so far
by Dave Muoio | December 28, 2021 The past several months have seen thousands of hospitals announce COVID-19 vaccination requirements for staff and…
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Regulatory
FDA authorizes COVID-19 pills from Pfizer and Merck
The treatment has been cleared for anyone 12 years old and older who is at high risk for severe COVID-19,…
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COVID-19
HHS to distribute $9B in COVID-19 relief funds to smaller providers this week
by Robert King | December 14, 2021 The Department of Health and Human Services announced it has distributed $9 billion in relief payments…
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COVID-19
With COVID-19 resurging, New York halts electives at 32 hospitals to preserve capacity
by Dave Muoio | December 7, 2021 Thirty-two New York hospitals facing low capacity due to increased COVID-19 are being ordered to halt…
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COVID-19
Cleveland hospitals delay surgeries due to COVID-19 spike
The organizations said they’re experiencing “unprecedented demand” for inpatient care, leaving many facilities at near-full capacity. December 6, 2021 /…
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COVID-19
Docs hit with fewer malpractice suits as COVID lockdowns curtailed procedures
by Susan Kreimer | November 23, 2021 U.S. physicians saw a decline in malpractice lawsuits during the pandemic, likely the result of performing…
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COVID-19
Eleven states file lawsuit over vaccine mandate for private businesses
The lawsuit calls the mandate unconstitutional and unlawful, while the administration sees it as necessary to combat the spread of…
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COVID-19
Combating COVID and a workforce crisis, hospitals call for more financial relief from Congress
by Dave Muoio | November 4, 2021 For months, hospitals large and small have sounded the alarm on a labor crisis that is…
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COVID-19
Moody’s: Rising costs will slow hospitals rebuilding margins to pre-COVID-19 levels
Operating cash flow margins for nonprofit hospitals fell to a median 7% in 2020. October 26, 2021 / Susan Morse, Managing…
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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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