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billion in 2021 and is expected to grow at a CAGR of 15.94% until 2030, thanks to the growing adoption of internet-connected devices in the healthcare field. billion by 2030. In nursinghomes, for example, devices can check patients’ blood pressure and collect data on their movements.
Brightree and MatrixCare Support Interoperability Thanks to legislative omissions, only 84% of nursinghomes have adopted health information technology, and 60% don’t have the ability to share data with healthcare providers.
Brightree and MatrixCare Support Interoperability Thanks to legislative omissions, only 84% of nursinghomes have adopted health information technology, and 60% don’t have the ability to share data with healthcare providers.
CMS released significant revisions to its nursinghome surveyor guidance, including requirements for COVID-19 vaccine education, opioid and psychotropic prescribing and medical director responsibilities. The guidance goes into effect February 24, 2025. According to a recent report, ASCs reduce U.S. health care costs by $38B annually.
People over 85 are the most rapidly expanding demographic and the elderly segment of the American population is expected to double in 2030 from 2010. Even with a shift to providing higher-intensity care in people’s homes, the demand for nursing facility-level care is slated to double.
care.ai’s Smart Care Facility Platform™ transforms healthcare settings, such as hospitals and nursinghomes, into responsive care facilities that continuously monitor and streamline clinical and operational workflows. I’m thrilled to have the support of Crescent Cove as we continue to scale and execute.”.
The HHS OIG has recommended that CMS enhance its review of nursinghomes’ related-party cost reporting. The development sits on a 75-year ground lease with a community college and will be completed by 2030. Hall Render blog posts and articles are intended for informational purposes only.
Fitch Ratings expects the recently proposed federal nursinghome staffing standards to increase costs for SNFs, but the agency believes health care REITs with SNF assets can manage these impacts well. Investment firm Black Salmon is partnering with Allen Morris Company on a $1B mixed-use development in the Miami Health District.
Care Taps Health Net Exec as New CEO COLORADO Aurora’s Fitzsimons plans development opportunities on 60 acres Boulder drug discovery co. 3 in the U.S. for maternity care Healthcare Shifts Driving Demand For Outpatient Facilities In Denver Insider Breach, Email Attacks Net $1.7M
Hospital stays for nursinghome residents down nearly 9%, federal data shows. Huntsville Hospital to launch new nurse training program. Alabama hospitals, nursinghomes split $80 million in ARPA funds. New apprenticeship program to address nursing shortage in Alabama. vaccinated nursinghome staff.
s Vanda Pharmaceuticals pays $100M for commercial rights to Johnson & Johnson company’s drug Hundreds of DC’s Medicaid nursinghome patients sent to Maryland Medical facility in DC’s Ward 8 gets $22.5M NATIONAL AHA pushes back on HHS proposal to penalize hospitals for cyberattacks AHA urges Congress to oppose H.R.
and Delaware Delaware struggles to investigate nursinghomes, assisted living facilities. Luke’s technical error compromises 15K patients’ data ILLINOIS 28 Central IL nursinghomes fined for violations Advocate Aurora Health reports operating loss of $23.9M Where does it leave medication abortion in Pa.,
million Mercy Iowa City Creditors Finally Getting Paid Northwest Iowa hospital, MercyOne in Primghar, to close next month Steindler Orthopedic opens clinic in Cedar Rapids Radiologist breaks ground on $250M health campus CSA opens new location as it seeks to retain workers, deliver services Iowa nursinghomes owe taxpayers $10.7
Louis nursinghome lost major Medicaid cash infusion Crisis at north St. Louis nursinghome: Residents displaced, staff left in the dark Employees without pay, residents displaced after largest St. health care spending hits $4.5 Accused Of Filing False Claims Settles For $14.7M
Major nursinghome association urges COVID emergency extension, revised guidance. As hospital sale nears, nurses share concerns, Health Trust partnership falls through. Denver nursinghome to close after 105 years. IndyStar sues 8 hospitals for obscuring public spending data on nursinghomes.
5 states facing highest, lowest weekly nursinghome COVID-19 positivity rates. Nursinghome industry reacts to health care worker vaccine mandate. Stretched Hospitals, NursingHomes Fear Losing More Staff Over Vaccine Mandate. US nurses protest over COVID-19 working conditions. Following Data Breach.
Children’s National Hospital hosts prom for patients battling illnesses Unfair labor complaints filed against George Washington University Hospital as nurses try to unionize DELAWARE ChristianaCare spin-out named ‘Most Promising New Company’ at Delaware Bio pitch event Delaware among states that struggle to provide nursinghome oversight.
Workers at another D.C. Bipartisan Ky. hospital company Kansas City Orthopaedic Institute appoints new CEO Kansas City University’s new research center aims to answer: ‘How do we keep people well?’ Bipartisan Ky.
billion since pandemic U.S. leading cause of death is heart disease, Alabama’s matches that Alabama lawmakers put temporary hold on $1 billion contract for prison healthcare New rolling NICU a ‘game changer’ for critical babies in Alabama More than a dozen Alabama hospitals at immediate risk of closing; officials say hospitals suffer $1.5
Providers happy nursinghomes are among White House’s top priorities but disheartened at approach. OSHA conducting new wave of COVID-19 inspections among previously dinged hospitals, nursing facilities. Governor Ivey Awards Additional $80 Million to Hospitals and NursingHomes. CALIFORNIA.
Danbury, New Milford hospitals to discuss CT nursinghomes are requesting more money. State officials are noncommittal Nursinghome in CT accused of neglect, staffing shortages Lawsuit: Routine procedure would have saved Oxford mom who died after 2020 childbirth DC D.C.’s
NATIONAL 5 multimillion-dollar Stark law penalties in 2024 5 Deals That Defined Hospital M&A in 2024 50 Joint Commission moves in 2024 Bristol Myers Squibb latest drug company to sue HHS over 340B rebate model CMS finalizes new kidney transplant model: 10 things to know CMS updates immediate jeopardy guidance: 4 key changes CMS releases ‘significant (..)
faces lawsuits over data breach NursingHome Operator RegalCare and Therapy Provider Sued for Fraudulent Billing Scheme for 19 Facilities Psychotherapy counselor sentenced after submitting $1.6M expansion Mayo Clinic to invest nearly $2 billion in Valley hospital campus, hire thousands Mayo plans $1.9B operating income, 6.5%
operating income, 6% margin Why 4 M&A deals were recently stopped in their tracks Former dealmakers agree: U of Minnesota needs hospitals back from Fairview 2 drugs nearing approval to know: Optum Minnesota nursinghome workers set date for March walkout MISSISSIPPI Gov. R1 RCM posts $3.3M
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