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Industry News

Jun 28, 2017

ORLANDO, Fla.—The rise of high-deductible health plans is driving one Missouri hospital to completely revamp patient registration, billing and collection.

Mosaic Life Care, a 297-bed hospital in the town of St. Joseph north of Kansas City, is a perennial on Truven Health Analytics' annual 100 Top Hospitals, which recognizes facilities for patient care, operational efficiency and financial stability.

Yet last year, $23 million worth of self-pay patient care exposed deep flaws...

Jun 28, 2017

Senate Republicans' healthcare bill to repeal and replace the Affordable Care Act would bolster the dwindling individual insurance market in the short term, but eventually cause enrollment to plummet, according to a report by ratings agency S&P Global.

The Senate bill eliminates the financial penalty for individuals who don't purchase health insurance. Instead, the Better Care Reconciliation Act replaces the fine with a six-month waiting period that's unlikely to keep people...

Jun 28, 2017
Houston-based health system Memorial Hermann will cut 350 jobs, the organization announced Wednesday, citing escalating costs, declining reimbursements and a softened local economy.

The move is part of an overriding strategy to adapt to an uncertain healthcare environment by becoming more cost-efficient and consumer-focused, the organization said, adding that the cuts won't impact direct patient care. Memorial did not specify which of its 25,000 total employees would be losing jobs.

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Jun 28, 2017

More than halfway through the first year of the rollout of the Medicare Access and CHIP Reauthorization Act, the majority of medical practice leaders still are not ready to comply with the law, according to a survey by American Medical Association and consulting firm KPMG.

The revelation, outlined in a report released Wednesday, is based on the responses from 1,000 physicians who have been involved in practice decision-making related to MACRA. The survey found that fewer than 1 in 4...

Jun 28, 2017

Houston-based Catholic Health Initiatives St. Luke's Health CEO Michael Covert submitted his resignation and will step down on Aug. 31, the organization announced Tuesday.

Covert, who also served as the parent company's senior vice president of operations, joined CHI St. Luke's in 2014 and helped grow its network to 17 hospitals. He was previously the CEO of Palomar Health, a three-hospital system based in Escondido, Calif.

CHI plans to name interim leadership for CHI St. Luke...

Jun 28, 2017

Editorial and opinion writers offer their views on health policy buzz words like single-payer, public option and even regulatory relief.


Bloomberg:
California's Health-Care Example For Washington
As Republicans in Washington contemplate the uncertain fate of their health-care bill over the July 4 recess, they might consider recent events in another legislature on the opposite coast of America. Earlier this month, Democrats in the California...

Jun 28, 2017

News outlets feature the arguments in favor of the bill from prominent Republican leaders such as Senate Majority Leader Mitch McConnell and Health and Human Services Secretary Tom Price.


Lexington Herald Leader:
Senate Offers A Plan For Better Health Care
Too many families in Kentucky who liked their insurance plans or their doctors soon found they weren’t able to keep them. When families are kicked off their plan, they must find a new insurer...

Jun 28, 2017

Topping opinion writers' list of harms is the 22 million people who would lose their insurance coverage, but they don't stop there.


Lexington Herald Leader:
McConnell Health-Care Bill Is Kind To A Very Few
The massive redistribution of wealth from poor to rich that’s masquerading as a health-care bill in the U.S. Senate is even more cruel in some ways than the bill that cleared the House and that President Donald Trump later called “mean.”...

Jun 28, 2017

Darlin Kpangbah receives free health insurance through Medicaid and is grateful for the coverage in case of accidents, such as when she tore a ligament in her leg a few years ago. “I feel like I’m injury-prone,” said Kpangbah, 20, who lives in Sacramento, Calif. Without insurance, she said, the injury “would’ve been huge to pay for.”

Young adults like Kpangbah were among the biggest beneficiaries of Obamacare, which helped reduce the rates of uninsured millennials to record lows and...

Jun 28, 2017

The Villages Regional Hospital did not sweat its decision to add hyperbaric oxygen therapy in 2013.

Hyperbaric treatment, increasingly given to diabetics — many of them elderly with persistent wounds — involves breathing pure oxygen inside a pressurized air chamber typically for two hours each weekday, often for more than a month. Twenty outpatient sessions can bring a hospital $9,000 in revenue.

Villages serves a central Florida retirement community that supplied nearly half...

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