Hospitals


  • A view of Ascension St. Vincent's Riverside Hospital sign.
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    Ascension hit by cybersecurity incident affecting clinical operations

    The major nonprofit health system detected “unusual activity” on some network systems Wednesday.

    By May 9, 2024
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    Yale New Haven sues to get out of Prospect hospital acquisition

    Yale says Prospect allowed the conditions at three Connecticut hospitals — which it agreed to acquire in 2022 — to deteriorate. Prospect argues the lawsuit is an “11th hour attempt” to back out of the deal.

    By May 8, 2024
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    Trendline

    Social determinants of health

    The focus on social determinants of health has only increased because of the impacts of the pandemic, with payers and providers trying to new ways to address the issues.

    By Healthcare Dive staff
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    Tracking Steward's decline

    Steward’s financing, hospital sales take center stage during bankruptcy hearing

    During its first bankruptcy hearing, Steward's attorney lamented delays to its physician group deal and warned the timeline for hospital sales was “not feasible.” 

    By May 8, 2024
  • Carney Hospital
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    Tracking Steward's decline

    Steward’s bankruptcy documents reveal sprawling debt, planned hospital fire sale

    Since filing for bankruptcy Monday, Steward Health Care revealed it's carrying more than $1 billion in debt and said its entire hospital portfolio is for sale.

    By May 7, 2024
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    Tracking Steward's decline

    Steward Health Care files for Chapter 11 bankruptcy

    The filing marks the largest provider bankruptcy in decades, according to experts.

    By May 6, 2024
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    More than a third of nurses extremely likely to change jobs in 2024: survey

    The results suggest job dissatisfaction is still high among nurses, and turnover is likely to remain elevated.

    By May 6, 2024
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    DMP/iStock.com

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    Sponsored by Keypath Education

    More than just shortages, the nursing workforce risks a crisis of experience

    Building a sustainable nursing workforce requires more than just filling vacancies. How can we prepare and support new nurse graduates to develop a competent and resilient nursing workforce?

    By Bethann Mendez, DNP, APRN, CCNS, Director of Healthcare Operations, Keypath Education • May 6, 2024
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    erdikocak via Getty Images
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    Debt covenant violations tick up among nonprofit providers: report

    Since 2022, S&P Global Ratings has tracked an increase in violations of debt agreements as macroeconomic pressures and low operating margins challenge providers.

    By May 1, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Tenet raises full-year revenue guidance on $2.2B in Q1 profit

    CEO Saum Sutaria says the health system is a “new company” following nine hospital sales in the first quarter.

    By May 1, 2024
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    Hospitals’ COVID reporting burden to lighten as pandemic-era policies expire

    On Wednesday, hospitals will no longer be required to report COVID-19 admissions, capacity or occupancy data to the federal government.

    By April 30, 2024
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    Ascension taps new CFO

    Saurabh Tripathi, former CFO of Highmark Health, assumed the role on Monday.

    By April 30, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Rising inpatient volumes boosted HCA’s first quarter earnings

    The Nashville, Tennessee-based operator is the latest for-profit system to report stronger-than-expected inpatient volumes and tempered expenses.

    By April 29, 2024
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    Kaiser exposed up to 13.4M plan member records to third parties

    The largest data breach reported so far this year comes as regulators reconsider healthcare’s use of tracking technologies.

    By April 26, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    CHS kicks off 2024 with a net loss as expenses remain high

    The health system made progress on controlling expenses by cutting contract labor costs and insourcing physicians, but costs still dragged on earnings.

    By April 25, 2024
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    Intermountain Health exits Kansas

    The nonprofit is transferring ownership of two Caritas Clinics and shutting one down.

    By April 25, 2024
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    UHS posts strong profits as acute and behavioral care revenue rises

    The for-profit health system’s revenue rose by more than 10% in the first quarter.

    By April 25, 2024
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    UPMC to cut 1,000 roles

    About 1% of UPMC's total workforce will be impacted by the reductions, according to a spokesperson.

    By April 25, 2024
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    Senators press Steward lenders for solutions days ahead of payment deadline

    Sens. Elizabeth Warren and Edward Markey sent letters last week to Steward’s top lenders, asking for modified loan terms to help keep hospitals open.

    By April 23, 2024
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    CHS to sell Tennessee hospital for $160M

    CEO Tim Hingtgen told investors in February that divestitures could yield more than $1 billion for the hospital operator.

    By April 22, 2024
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    Novant, CHS fire back after FTC sues to block North Carolina hospital sale

    The health systems resisted regulators’ allegations that the deal would stifle competition in the Charlotte area.

    By April 19, 2024
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    iStock via Getty Images
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    Providers, drugmakers at odds over new 340B dispute resolution process

    PhRMA said the new rule “panders to 340B hospitals,” while the American Hospital Association and 340B Health said the rule would preserve the drug discount program’s integrity.

    By April 19, 2024
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    Over 20% of healthcare bankruptcies last year were linked to private equity: report

    Another wave of private equity-backed bankruptcies is expected this year, according to the Private Equity Stakeholder Project.

    By April 17, 2024
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    Getty Images North America via Getty Images
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    Deep Dive // Tracking Steward's decline

    Steward bankruptcy likely as massive debt remains, with few options left

    Steward Health Care’s forbearance period ends in less than 15 days. Analysts say this time, creditors are unlikely to extend the embattled company another lifeline.

    By April 16, 2024
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    Cybersecurity takes center stage at AHA annual meeting

    In the wake of the Change Healthcare attack, experts advised hospital leaders to increase their cyber defenses.

    By April 16, 2024
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    Medical Properties Trust selling spree continues, Utah deal closes

    The deal is expected to generate approximately $1.1 billion in in cash for the liquidity-strapped hospital landlord.

    By April 15, 2024