Operations
The findings are based on Medicare cost reports from fiscal year 2013, analyzing almost 3,000 acute-care hospitals. About 60 percent were nonprofit, while one in four were for-profit. The rest were public, or government-owned.
Community Health Systems' long-awaited spin-off of its rural health business into Quorum Health Corp. wrapped up on Friday. Quorum is now an independent public company, trading under the QHC ticker symbol on the New York Stock Exchange.
A recent survey from the market research firm has found that that 87 percent of financially struggling hospitals now regret changing their EHR systems due to higher than expected costs, layoffs, declining inpatient revenues, disenfranchised clinicians and doubts over the benefits of switching systems.
Between January 2010 and July 2015, the analysis found, inspectors identified 3,016 home health agencies -- nearly a quarter of all those examined by Medicare -- that had inadequately reviewed or tracked medications for new patients. In some cases, nurses failed to realize that patients were taking potentially dangerous combinations of drugs, risking abnormal heart rhythms, bleeding, kidney damage and seizures.
Florida Hospital has seen significant improvements in its case mix index, resulting in a $72.5 million increase in appropriate reimbursement since the implementation of a clinical documentation improvement program.
Aetna expects its proposed $37 billion acquisition of Humana to close during the second half of 2016, Chairman and CEO Mark Bertolini said during an investor call Thursday while commenting on the insurer's first quarter financial results.
Stolen credentials, privilege misuse and miscellaneous errors were the three biggest causes for health data breaches in 2015, according to the 9th annual Verizon Data Breach Investigations Report released Tuesday.
Community Health Systems has named Tim L. Hingtgen as their Executive Vice President of Operations, effective May 1, 2016, the company announced Tuesday.
Three hospitals have pledged that they will require their surgeons and 20 affiliated hospitals to meet minimum annual thresholds for 10 high-risk procedures, and have asked other hospital networks around the country to join them.
The company's departure could be felt most acutely in several counties in Florida, Oklahoma, Kansas, North Carolina, Alabama and Tennessee that could be left with only one insurer, according to an analysis by the Kaiser Family Foundation.