With health systems facing long-term financial pressures and physicians dealing with continual burnout, hospitals need to rethink strategies to weather storms ahead. An Oct. 15 McKinsey report provides some insights into how systems can do so.
Strategy
The COVID-19 pandemic has stretched hospitals thin. Hospital leaders are now trying to understand how to leverage their remaining resources to rebuild and move forward.
Mergers, partnerships and acquisitions may have saved some hospitals and allowed them to scale up, an October 2021 American Hospital Association report says. However, other research has found that consolidation actually raises prices and doesn't necessarily increase quality of care.
Amazon announced Oct. 18 that it plans to hire 150,000 workers for seasonal positions across the country. According to Bloomberg, this is about 50 percent more than last year.
Geriatric hip fractures are a major cost driver for the nation’s healthcare system in general and for hospitals in particular.
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Walgreens Boots Alliance CEO Roz Brewer has shared that the company plans to further expand into healthcare in an effort to turn it into a "new growth engine," CNBC reported Oct. 14.
Consolidation of physicians in hospitals and health systems as opposed to private practices has regulators in Washington and across several state capitals concerned, The Columbus Dispatch reported Oct. 14.
In the ever-changing and rapidly expanding Medicare Advantage (MA) landscape, health plans must develop new strategies to improve their Stars program performance or risk decreased enrollment, financial losses, and compromised benefit offerings.
Z codes, which are ICD-10-CM codes used to identify non-medical factors that may affect a patient's health status, are a useful way to track social determinants of health and capture standardized data for Medicare beneficiaries. However, they are underused, with…
In the aftermath of a fatal shooting that took place inside Thomas Jefferson University Hospital, the Philadelphia-based organization is making security changes as it continues to analyze its procedures.