Tag Archives: Hospital

Hospital margins hit hard by pandemic, but CARES Act provided huge relief, Moody’s finds

Dive Brief: A new report from Moody’s Investors Service concluded that non-profit and public hospital margins have declined but liquidity has improved during the COVID-19 pandemic, primarily due to advanced Medicare payments under the relief provisions of the Coronavirus Aid, Relief, and Economic Security Act. However, overall cash flow slumped. The acuity of inpatients also… Read More »

Kansas hospital trashes hundreds of coronavirus vaccine doses due to mistake

A Kansas hospital was forced to throw away nearly 600 COVID-19 vaccine doses this week due to a “process error,” health officials said Thursday.  Lawrence Memorial Hospital said it received 570 doses of the Johnson & Johnson vaccine from Lawrence-Douglas County Public Health on Wednesday. The doses are typically delivered while frozen — so they can be placed in… Read More »

Jesse Jackson released from hospital after 3-week stay: ‘I was unable to walk’

Health News Loading the player… Rev. Jesse Jackson has healed and says he’s ready to get back to work. The civil rights icon was released from the Northwestern-affiliated Shirley Ryan AbilityLab after a three-week stay. According to Chicago Suntimes, he was initially suffering from abdominal pains and underwent surgery. “When I entered the rehab center, I… Read More »

Cop taken to hospital after protest

A police officer was taken to hospital after dramatic clashes between cops and anti-lockdown protesters in the Melbourne CBD on Friday. Sixteen people were arrested and 61 were fined by the time the protests wrapped up after 5pm, Victoria Police spokeswoman Leonie Johnson said. “Three police officers were injured during the protest, with one taken… Read More »

Hospital margins improve significantly in May, but are still below budget and 2019 levels

Due to the COVID-19 pandemic, hospital margins, volumes and revenue performance have all experienced a brutal couple of months. In May, there were signs of financial improvement — significant, in some cases — but margins are still below 2019 levels, and still below budget, according to the latest Kaufman Hall Flash Report.  The improved margins… Read More »

Hospital staffing shortages face new competition from Amazon, Apple and other disruptors

The healthcare industry, long challenged by a shortage of physicians, nurses and other well-qualified staff, is facing even more of a dire need to the COVID-19 pandemic. A new challenge are disruptors that are looking at the same pool of talent. Companies that formerly represented no competition to healthcare organizations, such as Amazon, Uber and… Read More »