American Hospital Association strikes back on labor report
A recent article from The Wall Street Journal failed to capture the full scale of rising expenses for hospitals, the AHA said in a recent statement.
View ArticleHospitals still suffering financially
Hospitals faced more financial challenges in April, following incremental improvement in finances in March.
View ArticlePhysician compensation now above pre-pandemic levels
After overnight disruptions in 2020, healthcare providers returned to a new normal in 2021 that allowed for compensation gains.
View ArticleTeladoc sued for misleading investors
Teladoc has been hit with a class action lawsuit for allegedly making “false and misleading statements” about its business.
View ArticleHospitals claim victory in Supreme Court Medicare payment decision
The court case stems from HHS’ 2018 final rule establishing separate reimbursement rates for hospitals that serve low-income or rural populations through the 340B program and all other hospitals.
View ArticleTheranos exec found guilty on 12 counts of fraud, conspiracy
The chief operating officer of the now defunct blood-testing company was found guilty of 12 counts of wire fraud and conspiracy.
View ArticleProviders ask for higher payments in OPPS proposed rule
The proposed payment increase of 2.7% doesn't make up for sequestration cuts, inflation, and other factors hitting hospitals, medical groups say.
View ArticleDOJ makes 36 arrests in $1.2B telemedicine fraud scheme
Defendants in the case allegedly defrauded CMS for millions of dollars that were spent on luxury vehicles, real estate and more.
View ArticleHealthcare executive salaries up in 2022
Healthcare executives are enjoying higher compensation in 2022 thanks to an increasingly competitive job market.
View ArticleMental health workers at Kaiser go on strike
Nearly 2,000 unionized mental health workers from Kaiser Permanente facilities in California are on strike over contract negotiations.
View ArticleOn back of Dobbs, employers add travel benefits for abortion care
Out of 305 U.S. employers surveyed, 35% said they now offer travel and lodging benefits for elective and medically necessary abortions.
View ArticleStaffing marketplace raises $80M, reaching 'unicorn' status
New investors for this funding round included Kaiser Permanente, a star athlete and social media personalities.
View ArticleOne Equity Partners acquires healthcare staffing firm Prime Time Healthcare
One Equity Partners, a private equity firm based in New York, has acquired Prime Time Healthcare, an Omaha, Nebraska-based healthcare staffing firm.
View ArticleWalmart to sell OTC hearing aids
Retail giant Walmart is now offering over-the-counter hearing aids for the first time ever to U.S. customers 18 and older.
View ArticleWhat most hospital ranking systems are missing
Hospitals have been nationally ranked by popular media sources such as U.S. World News & Report for decades, but the quality measures used to determine these lists may be missing one key...
View ArticleCOVID-19 continues to affect healthcare hiring practices
Facilities were forced to adapt when the pandemic began, leading to changes that are still being felt throughout the healthcare industry.
View ArticlePhysician salary update: Women still earning much less than men
Despite the wide pay gap, the majority of female physicians—specialists or otherwise—said they would choose to pursue a career in medicine again if given the choice.
View ArticleWalgreens changes how it rates its pharmacists
Walgreens has done away with task-based metrics for its retail pharmacy staff, a move that no longer judges pharmacists on how fast they work.
View ArticleCEO fired for giving himself unauthorized bonuses
Akram Boutros, MD, has been fired as president and CEO of MetroHealth after an investigation revealed $1.9 million in supplemental bonuses he authorized for himself.
View ArticleThe best jobs in healthcare
Several healthcare jobs are rated among the top 100 best jobs, as ranked by U.S. News & World Report.
View ArticleHealthcare workers are unhappy with their pay
Just over half of healthcare workers believe they are paid fairly for their work.
View ArticleAudit confirms former MetroHealth CEO hid unauthorized bonuses
During his time as president and CEO, Akram Boutros, MD, circumvented rules to pay himself nearly $2 million in bonuses and hid the money from the board of trustees.
View ArticleThe 10 best and 10 worst states for physicians
WalletHub ranked which states are the best for doctors, looking at 19 key metrics, including wages, number of hospitals, population rate, competition and more.
View ArticlePhysician compensation declined in 2022. Here are the highest-paid specialties
Physician compensation declined slightly 2.4% in 2022, according to a new study by Doximity.
View ArticleAmgen to lay off 450 in second round of employee cuts
The move comes after the company reported revenues of $26.3 billion in 2022 and and a net income of more than $6.55 billion.
View ArticleHealthcare groups ask CMS to create hybrid primary care payment option
Twenty-seven healthcare organizations signed the letter to CMS asking the agency to create a hybrid payment model, including the National Association of Accountable Care Organizations, AMGA, the...
View ArticleNurses plan to stay in the field, but they want more progress
A total of 80% of nurses plan to stay in healthcare until retirement––way up from the 55% who said the same in 2022.
View ArticleCMS finalizes 2024 MA payment rule with rate bump
According to CMS, MA plans will see an average payment increase of 3.32% from 2023 to 2024, worth approximately $13.8 billion in increases for next year.
View ArticleIndustry groups applaud bill connecting Medicare payments to inflation
Healthcare groups are applauding a bill in the House of Representatives that would ensure Medicare payments are tied to inflation.
View ArticleHealthcare leaders make list of world's richest people
Nearly three dozen healthcare leaders were included in this year’s list of the richest people in the world, according to Forbes, which recently published its “World’s Billionaires List."
View ArticleMedical jobs dominate list of 30 highest paid occupations in the United States
Healthcare holds 9 out of the top 10 positions, joined only by professional athletes seated in the 4th ranked slot.
View ArticleNovavax to cut 25% of its workforce, with R&D taking the biggest hit
Although the vaccine maker previously cut expenses by $50 million without laying off staff, the measures were not enough to keep pace with the effects of the COVID-19 global health emergency.
View ArticleReport: Top 10 reasons nurses resign
Up to 31% of nurses intend to leave their current patient care position within the next year, according to survey results published by McKinsey and Co.
View ArticleThe best and worst states to practice medicine
Malpractice premiums appear to play a significant role in the rankings. Even states with ample job opportunities and low-to-moderate cost of living were ranked poorly due to their high malpractice...
View Article'Forced to jump through hoops': Commercial insurers are making life harder...
Although commercial payors do offer better reimbursement rates, their lack of timeliness in making payments is negatively impacting hospitals.
View ArticleInflation continues to outpace physician compensation increases
The new data summary report, Benchmarking for the Future of Your Physician and APP Workforce, contains insight from nearly 190,000 providers across over 6,800 organizations.
View ArticleWalmart is raising wages for thousands of its healthcare workers
The retail giant recently announced plans to invest in its pharmacists and opticians.
View ArticleIncorrect place-of-service codes resulted in Medicare overpayments totaling...
The audit revealed that Medicare overpaid by approximately $22.5 million due to incorrect place-of-service coding completed by practitioners.
View ArticlePrimary care pay increases outpaced other specialties in 2022
That's according to new data from AMGA Consulting’s 36th annual Medical Group Compensation and Productivity Survey, which includes data from 446 medical groups, representing over 193,000 providers.
View ArticleCMS slated to introduce nearly 400 new CPT codes in October
The upcoming changes include a total of 395 new codes, 25 deletions and 13 revisions.
View ArticleAre CFOs the least job-secure members of the healthcare C-suite?
Chief financial officers are the most likely members of U.S. C-suites to leave their jobs within five years of starting, whether by resignation, retirement, termination or promotion.
View ArticleTravel nurses are happier: Here's why
For starters, travel positions in healthcare are known to come with higher compensation.
View Article5 reasons healthcare will withstand the onslaught of ‘occupational shift’
Lines of work that shed staff en masse during the COVID pandemic will probably continue shrinking between now and the end of the decade.
View ArticleHospital CEO turnover encouragingly low for third straight year: ACHE
U.S. hospital CEOs continue sticking with the job at the highest rate since 2010 and 2011.
View ArticleAHA head: ‘Time to hold commercial health insurers accountable’
The problem of commercial health insurers standing between patients and providers is bad and only getting worse.
View ArticleHealthcare pay seems to have risen and ‘reset’
Despite slowing growth in year-over-year average hourly outlays, payrolls at U.S. hospitals and outpatient clinics may have plateaued at permanently elevated levels.
View ArticleEmployer-provided health insurance is about to get much more expensive
A new survey of more than 1,700 employers suggests that health insurance premiums are likely to increase more than expected in 2024.
View ArticleHospital CEO files lawsuit after losing job over naked art exhibition
According to the former executive, he was barely involved in planning the offsite fundraiser. The hospital declined to comment.
View Article‘Undervalued’ UK physicians register discontent over fading ‘purchasing power’
Going by compensation rates and trajectories, these might be the worst of times to be a physician in the United Kingdom.
View ArticleTelehealth remains underused, patients rarely billed for messages
A study looking at Medicare reimbursement from 2020 through 2020 shows e-visits may remain underutilized.
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