PARADISE VALLEY, Ariz.—Healthcare leaders gathered here for Modern Healthcare's second annual Leadership Symposium have grown pessimistic about the prospect for passing legislation that would stabilize the insurance exchanges for next year's open enrollment season—now just two weeks away.President Donald Trump's sudden reversal on support for the compromise … [Read more...]
Software helps predict employee retention
Turnover among healthcare and social assistance workers is on the rise, with the rate inching toward one-third annually. Not only is turnover disruptive, it's also resource-intensive, with providers spending tens of thousands on job searches and new employee training. Every time a nurse leaves and is replaced, for instance, a healthcare organization spends $37,700 to … [Read more...]
Intermountain reorganizes its regions to form a 'model for tomorrow'
Looking to get ahead of any changes roiling the industry, Intermountain Healthcare is reorganizing its management structure, CEO Marc Harrison said Thursday at Modern Healthcare's Leadership Symposium in Arizona.The Salt Lake City-based integrated health system is replacing its geographically defined administrative regions with a systemwide structure made up of community care … [Read more...]
Athenahealth to lay off more than 400 employees
Athenahealth will lay off 9% of its workforce, the company announced in its third quarter earnings report Thursday. That translates to more than 400 people.The cuts are part of an "organizational redesign" intended to simplify the cloud-based EHR vendor's structure and make the company more efficient and accountable, according to the earnings report.The layoffs are part of the … [Read more...]
CMS overcorrects in cancellation of cardiac models
The CMS may have overcorrected when it honored some hospitals' request to cancel mandatory cardiac pay models. The move means hospitals that were ready to embrace the models could be out millions of dollars. Those hospitals are also missing out on millions in bonus payments they would have received had they improved care.The CMS wants to cancel models for acute myocardial … [Read more...]