New Jersey State

CMS on Aug. 1 released its Inpatient Prospective Payment System final rule, which will increase inpatient hospital payments by 2.9% in fiscal year 2025. The 2.9% net pay bump is a marginal increase from the 2.6% increase CMS proposed in April, but the American Hospital Association argues the "inadequate" payment update does little to help the inpatient hospital sector when 40% of hospitals are still losing money.

CMS sets 2.9% inpatient pay bump for hospitals in 2025: 6 things to know

None of the seven leading private equity-affiliated hospitals ranked on the Lown Institute Index received an "A" grade for the value of care provided to patients. The Boston-based healthcare advocacy nonprofit created the Lown Hospitals Index of Social Responsibility to measure hospital performance on more than 50 metrics related to value, equity and outcomes.

How 7 private equity-affiliated hospitals rank on the Lown Index

Charlottesville, VA

Large health systems have started to report profits and stronger margins in the last 18 months after pandemic disruptions. Firms such as Kaufman Hall and Strata have also reported nonprofit hospital margins ticking up. But that doesn't mean hospitals have an abundance of cash. "One of the most pervasive myths...

The hospital margin myth

Health systems have a big challenge: rising costs and reimbursement that doesn't keep up with inflation. The amount spent on healthcare annually continues to rise while outcomes aren't meaningfully better. Some people outside of the industry wonder: Why doesn't healthcare just act more like other businesses?. "There seems to be...

The hospital finance misconception plaguing C-suites

Philadelphia, PA

Allentown, PA

Philadelphia-based Jefferson and Allentown, Pa.-based Lehigh Valley Health Network completed their merger Aug. 1. Here are 10 things to know about the combined system:. 1. The combination creates one of the 15 largest nonprofit health systems in the U.S. with 32 hospitals and more than 700 sites of care. 2....

Jefferson, LVHN merge: 10 things to know

The US Sun

AMERICANS have the opportunity to claim a one-time payment from a billion-dollar class action settlement. Visa and Mastercard agreed pay $5.6 billion after consumers paid excessive fees to accept their payment cards. The lawsuit alleged that Visa and Mastercard violated the antitrust laws. Antitrust laws also referred to as competition laws, are statutes developed by […]

Americans to receive one-time payment from $5.6 billion Visa Mastercard settlement – and the deadline has been extended

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Cigna is planning to vigorously defend its pharmacy benefit manager from scrutiny. On an Aug. 1 call with investors, Cigna Group CEO David Cordani said the company will be more aggressive in communicating the value of its PBM to lawmakers, customers and the public. "We challenge ourselves to be much...

Cigna prepares 'aggressive' defense of PBMs

NBC News

After private-equity firms acquire hospitals, the facilities’ assets and resources diminish significantly, leaving the facilities less equipped to care for patients, according to a new study by physician researchers at the University of California at San Francisco, Harvard Medical School and the City University of New York’s Hunter College.

After private equity takes over hospitals, they are less able to care for patients, say top medical researchers

Hospital medicine is the fastest-growing medical specialty in the U.S., and it’s gaining popularity in other countries throughout the world.1 Although there are many similarities in how hospital medicine is practiced in different countries, profound differences also exist due to a variety of factors. In the Netherlands, for example,...

Working as a Hospitalist Internationally

With 20 hospitals earning the Honor Roll distinction, the report compared hospitals in 15 specialties and 20 procedures and conditions. Of these, only 160 earned the "Best Hospitals" ranking, signifying excellence in clinical outcomes, nursing care, and patient safety practices. Today, U.S. News & World Report published its 2024-2025 Best...

2024-2025 Best Hospitals: US News Recognizes Leading Medical Centers for 35th Year

HealthPartners, a prominent healthcare provider, has announced plans to withdraw from the Medicare Advantage plan offered by UnitedHealthcare starting in 2025. This decision will affect approximately 30,000 patients and marks a considerable shift in the relationship between the two healthcare giants. A potential coverage gap is anticipated for the affected...

HealthPartners to exit UnitedHealthcare’s Medicare plan in 2025

UnitedHealthcare has completely revamped its provider search experience for millions of members, infusing new features that leverage claims and pricing data, along with AI-powered tools that provide more accurate results. "The company went through a transformation in the way that it operated and started thinking more about the end-to-end consumer...

Inside UnitedHealthcare's provider search revamp

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

A Wells Fargo executive has been ordered to leave the banking industry after draining tens of thousands of dollars from customer deposit accounts. The Office of the Comptroller of the Currency (OCC) is issuing a consent order against ex-Wells Fargo operations associate manager Cindy M. Flores for violating laws and engaging in unsafe and unsound practices.

$47,646 Drained From Customers’ Accounts at Wells Fargo As Rogue Executive Mounts Year-Long Campaign To Steal Cash: US Bank Regulator

Greenwich, CT

Law & Crime

The Connecticut parents of an infant who died hours after being born are suing a doctor who used a vacuum 15 times during the delivery of the baby.
The post Newborn vacuumed 15 times during birth dies 1 day after delivery doctor ignored mother’s pleas for C-section: Lawsuit first appeared on Law & Crime.

Newborn vacuumed 15 times during birth dies 1 day after delivery doctor ignored mother's pleas for C-section: Lawsuit

UnitedHealth Group has abandoned its proposed acquisitions of Stewardship Health Inc. and a related company, following intense scrutiny from the Justice Department’s Antitrust Division. This decision comes amidst growing concerns about the potential impact of these transactions on healthcare quality, costs, and working conditions for medical professionals. Assistant Attorney...

UnitedHealth Group Abandons Two Acquisitions Following Antitrust Division Scrutiny

Los Angeles, CA

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L.A. TACO

On Tuesday, the Los Angeles Police Department (LAPD) released video footage that shows an officer driving a patrol car on the wrong side of the road with their emergency lights and sirens on. The officer proceeded to t-bone the vehicle of a male driver who was making a left-hand turn at the intersection of Adams Boulevard and Gramercy Place near the 10 Freeway.

LAPD Officer Driving On Wrong Side Of The Road T-Bones Driver, Leaving Them in a Medically Induced Coma (Video)

Polk County, FL

Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

NewsBreak

40 hospital ownership changes made in 1 day

There were 5 mergers and acquisitions completed Aug. 1 that affected 40 hospitals, including one deal that created one of the largest nonprofit systems in the...

40 hospital ownership changes made in 1 day

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