Business

The University of Alabama at Birmingham Health System has taken ownership of Ascension St. Vincent’s in Alabama. The state is seeing some big changes in the hospital market.

The Centers for Medicare & Medicaid services announced that a 2.8% reduction in Medicare payments will take effect in 2025. Hospitals also criticized payments for outpatient care.

Kindred Hospitals is closing two facilities in the Chicago area. The system says it’s consolidating services into two other hospitals in the region.

Healthcare groups are praising a bipartisan measure to avert planned reductions in payments to physicians, which are slated to take effect Jan. 1.

A new study outlines a dramatic increase in patients opting for GLP-1 drugs, and a drop in those opting for surgery to deal with obesity.

Sanford Health and Marshfield Clinic Health System say they’ve signed a merger agreement. The systems hope to complete the deal before the end of the year.

Children and teens are struggling with behavioral health issues. Experts discuss the difficulties kids are facing and how young people can be helped.

Intermountain Health has picked a site for a new, $1 billion pediatric hospital in Las Vegas. When built, it'll be Nevada's first standalone children's hospital.

Speaking to thousands of healthcare leaders, Greg Adams says Risant Health, a Kaiser subsidiary, is looking to add more hospital systems in the coming years.

UCHealth has signed a letter of intent to bring Estes Park Health into the system. Estes Park is looking to join UCHealth to ensure its long-term viability.

Health systems will be challenged with higher labor costs, which Moody’s describes as a ‘structural problem and credit risk.’

Health systems nationwide are working to conserve supplies after disruptions from Hurricane Helene. Tom Cotter of Healthcare Ready explains why there’s no quick fix.

The health system has partnered with the team for more than three decades, and the new complex will also offer care for the general public.

Many health systems are focusing on DEI efforts. Karen Ashley of Providence says it’s important for patients and workers, and can provide a competitive advantage.

The closure of a key plant flooded by Hurricane Helene is having a major impact, according to a survey of providers from Premier Inc. Some are postponing surgeries.

The storm hit just two weeks after Helene slammed into Florida. Most facilities avoided major damage, but hospitals still face tests in the coming days, including risks of flooding and capacity challenges.

The Health Department says supplies could be tight after a key plant was flooded by Hurricane Helene. Officials say they’re working to boost supplies and aiming to prevent more disruptions from Hurricane Milton.

HonorHealth has acquired the hospitals and a host of other facilities from Steward Health Care.

The pediatric health system works to help doctors understand the book of business. Jared Muenzer, Phoenix Children’s chief physician executive, says it’s critical to the system’s success.

The powerful storm hit a region still recovering from Hurricane Helene less than two weeks ago. Hospitals braced for severe flooding.

The devices have become more widely used to help patients manage diabetes. Ash Shehata of KPMG talks about his optimism for the market.

Health systems are seeing shortages because flooding from Helene has closed a key plant in North Carolina. The American Hospital Association wants help from the White House.

Healthcare organizations and investors should be aware of this environment and consider strategies to mitigate exposure.

Buoyed by a host of deals tied to Steward Health Care’s bankruptcy, hospital merger activity spiked. The number of hospital mergers is poised to top 2023.

Federal medical teams are aiding overwhelmed hospitals in western North Carolina, which has been devastated by flooding from the remnants of Hurricane Helene.