What You Should Know:
- Tenet Healthcare Corporation has entered into a definitive agreement to sell its majority ownership stake in Brookwood Baptist Health to Orlando Health for approximately $910M in cash, resulting in after-tax proceeds of around $790M for Tenet.
- The sale includes five hospitals – Brookwood Baptist Medical Center, Princeton Baptist Medical Center, Walker Baptist Medical Center, Shelby Baptist Medical Center, and Citizens Baptist Medical Center – along with
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Health IT | News, Analysis, Insights - HIT Consultant
Cyberattacks: A Recipe for Nurse Burnout and Compromised Patient Care
Nurses, the backbone of the medical field, have been facing a critical threat: burnout. A recent survey by the National Council of State Boards of Nursing found that nurses are under immense strain due to high workloads and stress, with a significant portion of nurses (between 45% and 56%) feeling emotionally drained, exhausted, and burned out regularly. A worrying 29% of nurses reported feeling like they're at their wits’ end several times a week or even daily. Characterized by emotional
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Study: Private Equity Acquisitions Linked to Decline in Hospital Assets
What You Should Know:
- A new study has revealed a concerning trend in the healthcare industry: a significant decline in hospital assets following private equity acquisitions. The research, published in JAMA, analyzed data from 197 acquired hospitals and found a 24% decrease in total capital assets compared to a 9.2% increase in control hospitals over a two-year period post-acquisition. This decline is attributed to the sale of hospital assets, including land and buildings, to repay
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Lab Staff Burnout and Understaffing Threaten Patient Care, Survey Reveals
What You Should Know:
- A new survey by Siemens Healthineers and The Harris Poll sheds light on the pressing issue of understaffing and burnout within the clinical laboratory workforce. The study underscores the critical role of laboratory professionals in patient care and the urgent need for solutions to address these challenges.
- The survey was conducted by Siemens Healthineers and The Harris Poll between June 17 and 28, 2024, and included 408 U.S. laboratory professionals.
Lab
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CMS Finalizes Medicare Payment Rule for Hospitals, Focuses on Equity, Safety, and Innovation
What You Should Know:
- The U.S. Department of Health and Human Services (HHS) announced the final rule for Medicare payments and policies for inpatient hospitals and long-term care hospitals (LTCHs) for fiscal year (FY) 2025.
- The FY 2025 IPPS and LTCH PPS rule focuses on improving health outcomes, addressing social determinants of health, strengthening emergency preparedness, and promoting value-based care.
Increased Payments and Addressing Social Determinants of
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7 Strategies to Modernize The Healthcare Payment Ecosystem
Submitting and paying claims is the financial underpinning of the U.S. healthcare system, a system plagued with inefficiencies that create disconnects between health plans and health systems. As a result, revenue cycles and claims systems are clogged, the patient and member experience is disrupted, care quality is suffering, and innovations in care delivery are constrained.
The solution? Modernization.
Modernizing the healthcare ecosystem reduces wasteful administrative
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VSee and Ava Robotics Develop AI-Powered ICU Robot
What You Should Know:
- VSee Health, a telehealth services provider, and Ava Robotics, a developer of intelligent robots, announced a strategic partnership to develop innovative telepresence solutions for the inpatient intensive care unit (ICU) market.
- The collaboration aims to create a VSee-powered Ava robot capable of autonomous navigation within the ICU environment. This advanced technology will enable remote physicians to interact with patients, consult with onsite staff, and
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Epic EHR Now Enables Direct Patient Access to Health Data
What You Should Know:
- Epic Systems announced a development that will empower patients to have greater control over their health information, CNBC first reports. Patients will soon be able to directly share their health data with various apps of their choice, marking a significant step forward in data interoperability.
- This new capability is made possible through the Trusted Exchange Framework and Common Agreement (TEFCA), a federal initiative aimed at facilitating secure and
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Responsible AI in Medicine for Underserved Populations
Artificial intelligence (AI) is making a tangible difference in healthcare today. It's not about science fiction or flashy gimmicks. It’s not about deep fakes or plagiarized term papers. AI is being responsibly used to prevent medical errors, enhance clinical decision-making, expand access to care, and lower costs. While there's certainly overenthusiasm and misleading claims about AI, we can't ignore the many instances where it's making healthcare more efficient, effective, and
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R1 RCM to Be Acquired by TowerBrook and CD&R for $8.9B
What You Should Know:
- R1 RCM Inc., a leading provider of technology-driven healthcare revenue cycle management solutions, announced that it has entered into a definitive agreement to be acquired by investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R). The all-cash transaction values R1 at approximately $8.9 billion.
- Under the terms of the agreement, TowerBrook and CD&R will acquire all outstanding shares of R1
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