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hospitals pay nothing in federal taxes. The agency uses a vague “community benefit” standard to liberally grant tax-exempt status to so-called nonprofit hospitals even as many of them are financially taking advantage of sick Americans with inflated medical bills. Where’s the community benefit in that?
Get your daily dose of health and medicine every weekday with STAT’s free newsletter Morning Rounds. Sign up here. Good morning! There’s sure to be a lot of news coming out of the Breakthrough Summit East today, which is taking place just a few blocks away from my favorite Shake Shack in Manhattan.
Louis-based health system through a period of explosive growth, adding hospital after hospital until it became one of the country’s biggest health systems. Ascension has lost almost $4 billion on operations from fiscal 2020 through fiscal 2023, triggering deals to offload almost 30 hospitals.
Louis, checks her phone to see if the gig nursing app CareRev still has her scheduled at the local hospital. Dana also worries about what will happen at the hospital if her shift doesn’t get canceled. Dana, a 29-year-old nurse in St. She’s already arranged child care for her son, but cancellations are common.
The trend is clear: When hospitals in the same community merge, prices spike. The government has such an easy time blocking those deals, hospitals rarely propose them anymore. But a study released Tuesday adds to a growing body of evidence that prices still go up even if the merging hospitals are far apart.
Contract disputes between hospitals and health plans have become routine, but they tend to be local , affecting a handful of hospitals and the people in the surrounding communities. It involves the country’s biggest private health insurer, UnitedHealthcare, and its biggest hospital chain, HCA Healthcare.
Hospitals acquired by private equity saw a 25% uptick in adverse events compared with controls, according to a new study released today in the Journal of the American Medical Association. There’s ample evidence that private equity buyouts in health care drive up costs. A new study shows quality declines, too.
The psychiatric hospital on the city’s east side may need to be shut down, he warned Ohio regulators. The officer, a 27-year veteran of the department, knew that sending the February letter was an unusual thing to do, but meetings with hospital leaders had gone nowhere, and he was at his wit’s end. It was a grisly list.
The federal government will not modify regulations that dictate how hospitals publish their prices for consumers, ignoring pleas from patient advocates who have said hospitals still are not fully complying with the 3-year-old law. The Biden administration on Wednesday proposed an annual rule that sets payment rates for hospitals.
to testify before a Senate committee about the extreme cost-savings measures mandated by the hospital’s parent company, the now-bankrupt Steward Health Care. The private equity-backed company had been busy buying up hospitals and doctors’ groups, then putting the squeeze on them to maximize profits.
The cyberattack that forced Ascension to shut off access to its electronic health records cost the nonprofit hospital system roughly $1.3 billion, according to STAT’s analysis of financial documents the health system released Tuesday evening. Continue to STAT+ to read the full story…
hospitals need to prepare for the worst and hope for the best. While there is yet no evidence of human-to-human transmission of the H5N1 virus, this could emerge at any time, underscoring the urgent need for hospitals to bolster their preparedness for potential additional human cases of H5N1. The three human cases of H5N1 in the U.S.
Hospitals, pharmacies, and other health care providers are getting stuck in an insurance processing logjam after UnitedHealth Group disclosed a cyberattack within a recently acquired subsidiary that serves as a central hub for payments across the industry.
Within a few days of one another, two teams of accountants released separate estimates on the value of nonprofit hospitals’ tax exemptions. Their wildly different findings underscore the degree to which who’s counting and what they count matters. The first, a JAMA study published today , pegged that number at $37.4
The world’s first recipient of a kidney transplant from a genetically modified pig experienced a rejection episode before recovering and leaving the hospital last week, a Massachusetts General Hospital doctor told STAT. But in his first few days back at home in Weymouth, Mass.,
Anthony Fauci, former head of the National Institute of Allergy and Infectious Diseases, is recovering at home after being hospitalized for nearly a week for West Nile virus infection. Covid-19 response, spent six days in hospital as doctors tried to figure out what was responsible for his illness. Fauci, a leader of the U.S.
The prices charged by hospitals are exorbitant and rising. Here’s just the tip of the iceberg: $722.50 for a nurse to push a drug into an IV. 21,500 for ten stitches. Private health insurance premiums paid by working age adults are rising rapidly.
Hospitals across the country are facing a severe shortage of supplies of blood culture bottles, critical tools for diagnosing serious and sometimes life-threatening bloodstream infections. The shortage, which has been going on for weeks, could stretch into September, hospitals have been warned.
A new study of hospitals’ charity care spending suggests nonprofit hospitals really aren’t that different from their for-profit counterparts. One major benefit of being a nonprofit hospital is receiving tax exemptions on property taxes, income taxes, and sales taxes.
I believe it can also be seen as a characterization of work in a hospital, in which future physicians are simultaneously gaining remarkable skills and enduring career-altering abuse. Many chefs describe the television series “The Bear” as an accurate portrayal of the demands of a restaurant kitchen.
A few decades ago, hotels were supreme. They had strong relationships with their customers, who were deeply loyal to particular hotels they trusted. But that has changed with the rise of online travel agencies (OTAs) like Booking.com and Expedia. Since the late 1990s, these OTAs have dramatically reshaped the travel industry.
When children’s hospitals around the country were subject to threats and harassment in 2022 over misconceptions about gender-affirming care services, many of them responded by stripping information about the care from their websites.
This week Medicare regulators released a 79-page report on a pandemic-era home hospital program that allowed approved health systems to deliver inpatient care in people’s homes. Over 300 hospitals enrolled in the program and the goal was to expand capacity at a time when people feared hospitals would be overrun.
Recovery from a cardiac-related hospitalization requires coordinated, timely care to prevent a return to the hospital for an avoidable readmission. A new study concludes that while the picture is getting brighter for all Medicare patients, persistent racial disparities are widening.
Hospitals across the country are struggling to conserve and stretch their supplies of IV fluids in the wake of a shortage brought on by Hurricane Helene, in some cases giving patients Gatorade instead of IVs and warning the issue could lead to delays in elective medical procedures in the near future.
WASHINGTON — The hospital industry has pushed back against Medicare payment reforms for years, arguing that the policies would financially hurt rural hospitals. Hospitals that keep providing services like trauma centers, labor and delivery units, and burn units would get financial bonuses, too.
Private equity firms are leading the buyout of R1 RCM , a major provider of billing and administrative services for hospitals and physician groups. But R1’s hospital customers — some of the biggest systems in the country — were influential in steering the company to that outcome.
government agency has threatened Johnson & Johnson with sanctions if the company proceeds with plans to alter payment methods for some hospitals that participate in a federal drug discount program. In a letter sent on Tuesday, the U.S. Continue to STAT+ to read the full story…
Now, in an unusual step, the hospital where she works is trying to get the medicine approved on its own. LONDON — Claire Booth, a gene therapy researcher in London, had hoped that a biotech company would take her team’s work on an experimental medication for an ultra-rare children’s disease and get it to market.
Emanate Health, a nonprofit group of hospitals and physicians in California, filed a federal lawsuit Monday, alleging Optum pushed it to agree not to compete for primary care physicians, a violation of antitrust law.
A new monoclonal antibody product to protect against respiratory syncytial virus was 90% effective at preventing little children from being hospitalized with RSV, according to new data from the first season it was in use.
Patients who received higher doses of buprenorphine, a common medication used to alleviate opioid withdrawal and cravings, were less likely to be hospitalized and less likely to discontinue treatment, according to a new study. The findings run counter to federal guidelines about buprenorphine dosing.
As an intern at Duke University Medical Center in the ’90s, he’d sometimes be tasked with poring through a patient’s medical history to uncover the cause of their latest hospitalization. Back then, the stacks of paper records could tower 18 inches tall.
government agency said that a planned move by Johnson & Johnson to alter payment methods for some hospitals participating in a controversial drug discount program was “inconsistent” with federal law and requires approval before the company can proceed. The statement by the U.S. The move is slated for Oct.
BARCELONA, Spain — Some of the patients waiting in the oncology ward of a hospital here, with its green-tiled floor and white walls, had arrived for a newfangled remedy for blood cancers, what’s known as a CAR-T therapy. Rather, they would be receiving a CAR-T brewed up right here at Hospital Clínic de Barcelona.
MGB, the biggest health system in the state, plans to spend the money over the next four years to renovate three floors of the Hale Building at Brigham and Women’s Hospital and one floor of Brigham’s Faulkner Hospital to provide outpatient clinical space. Continue to STAT+ to read the full story…
Yet amid this endless cycle of anxiety, one place surprisingly gave me solace: the hospital. As a long-time patient of Texas Children’s Hospital, I saw early on how health care stood apart — a field untouched by the grasp of immigration status, a space where humanity held precedence over nationality. Beginning Nov.
NEW YORK — One Brooklyn Health, a safety net hospital system that serves some of this city’s poorest and sickest patients, would seem to be exactly the place to benefit most from the effort to remove race from calculations that assess kidney disease.
That’s why she and her organization have partnered with a hospital’s sports performance center to design fitness programs for Eleven-0’s members, who can also participate in research. “You feel like you’re getting what the Patriots next door get every day,” she said on a recent Friday afternoon.
WASHINGTON — Five days after discovering their 16-year-old son Daniel Puerta unresponsive in bed, Jaime Puerta and his wife decided to discontinue life support as they stood beside him in the Los Angeles Children’s Hospital. Puerta kissed his son’s nose one last time.
Though health savings accounts, pharmacies, and major hospitals have all been attacked in 2024, a single data breach accounted for the vast majority of people’s data being exposed: Change Healthcare. Year after year, more Americans are affected by health care data breaches.
It had been five months since I’d applied to the program, after being discharged from the hospital in August 2024 as a new full-time wheelchair user. The letter informed me that I had been approved for Medicaid-funded Home and Community-Based Services (HCBS), a form of long-term care.
Twenty-three people have required hospitalization, and, tragically, a previously healthy, unvaccinated 6-year-old has died of the disease. The ongoing measles outbreak in west Texas and a neighboring county in New Mexico has grown to more than 200 cases, concentrated in unvaccinated children.
Meanwhile, children’s hospitals report large numbers of vacancies in many pediatric subspecialties. All It also tells the rest of us what fields of medicine are having trouble attracting new physicians. In 2024, about 8% of pediatrics positions went unfilled , an increase from about 3% in 2023. Read the rest…
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