COVID-19
-
Regulatory
COVID fraud takedowns: Feds charge 18 people, including doctors, with raking in nearly $500M from scams
By Heather Landi – Apr 24, 2023 Eighteen people, some of them practicing medical doctors, were criminally charged with participating in…
Read More » -
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…
Read More » -
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,…
Read More » -
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…
Read More » -
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…
Read More » -
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 /…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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,…
Read More » -
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…
Read More » -
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,…
Read More » -
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…
Read More »