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Financial Effects of COVID-19: Hospital Outlook for the Remainder of 2021
America’s hospitals face significant, ongoing financial instability as the ravages of the COVID-19 pandemic continue to fester. Kaufman Hall projects hospitals nationwide will lose an estimated $54 billion in net income over the course of the year, even taking into account federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding from last year.
Hospitals and Health Systems Face Unprecedented Financial Pressures Due to COVID-19
Hospitals and health systems face catastrophic financial challenges in light of the COVID-19 pandemic. The American Hospital Association (AHA) undertook four analyses to better understand and quantify these financial challenges.
Cultivating Physician Engagement During the Pandemic: One Healthcare System’s Physician Leadership Development Journey Sept. 22
Our presentation follows the journey of Northeast Georgia Health System (NGHS), which saw opportunity during crisis to invest in leadership development and the well-being of physicians through their Applied Physician Leadership Academy (APLA). This 6-month program, collaboratively designed with The Leadership Development Group, paved the way for forward progress on previously dormant mission-critical strategic imperatives while also empowering and engaging physicians as leaders amidst a pandemic backdrop. Learn directly from program designers and participants about key design criteria, leadership competencies, and break through moments that led to program success.
ASHRM 2021 Conference Update
With just a few weeks until the ASHRM Annual Conference begins, I wanted to provide an update on the steps we are taking to support all members during this difficult time for health care leaders.
AHA, AAMC Amicus Brief: Federal Trade Commission vs Hackensack Meridian Health, Inc, Et Al
INTRODUCTION
The FTC’s approach to defining the relevant geographic market in this case conflicts with settled law and economic principles, as well as business reality.
FDA approves first biosimilar to treat macular degeneration
The Food and Drug Administration approved the first biosimilar to treat neovascular age-related macular degeneration, a leading cause of vision loss and blindness for seniors.
Study: Rural hospital mergers linked to better patient outcomes
In a study reported in JAMA Network Open, rural hospital mergers were associated with lower mortality for patients admitted to the hospital for heart attack, heart failure, stroke and pneumonia.