Mayo Clinic posted a $227 million net loss for the first quarter of the year, the latest hospital system to grapple with a decline in investments and a surge of labor expenses. The hospital system’s earnings report, released late Thursday, said it generated $3.9 billion in revenue for the quarter on a 3.6% operating margin.…
Read MoreWith the unveiling of the Biden administration’s nursing home reforms, which include increased health and safety inspections by the U.S. Centers for Medicare & Medicaid Services (CMS), home health providers will need to be prepared to navigate through additional oversight. In February, the Biden administration released a full-scale set of proposed reforms. The reforms are meant…
Read MoreThe nation’s health care system is lacking in support for caregivers of the terminally ill, who are often left with a heavy financial and logistical burden. Without assistance or relief, these difficulties can impede access to hospice. Research has shown that patients who are faced with end-of-life decisions may be less likely to choose hospice unless…
Read MorePsychedelics Today, an education company, will soon be launching an in-depth, 12-month training focused on psychedelic therapy and integration. “In the current marketplace, there’s actually a gap,” the company’s director of operations and strategic growth, David Drapkin, told Fierce Healthcare. Demand for psychedelic therapy is thriving, but the field remains available primarily only to clinicians.…
Read MoreLaw enforcement agencies in California have arrested 14 people for their involvement in a $4.2 million hospice fraud scheme. The individuals had been associated with two San Bernardino County-based providers — New Hope Hospice, Inc. and Sterling Hospice Care, Inc. California Attorney General Rob Bonta alleges that these defendants had enrolled patients who were not…
Read MoreCOVID-19 vaccines have been available to the public for more than a year, and doctors are struggling to keep empathizing with their unvaccinated patients. In a study released by Wheel of 400 doctors and nurse practitioners, half of clinicians said they’ve grappled with “empathy fatigue” in treating patients who are eligible but refuse to get…
Read MoreIntegration of telehealth has become an important component in serious illness and end-of-life care. Providers leveraged telehealth to build efficiency and increase touch points with patients and families, while also reducing travel and leg work for staff. But as pandemic restrictions start to wind down, regulatory uncertainties and questions abound about the long-term impact of…
Read MoreBOSTON (February 18, 2022)—A Florida man was sentenced for his role in a multi-million-dollar Medicare fraud scheme involving durable medical equipment (DME). Nathan LaParl, 34, of Boca Raton, Florida, was sentenced by U.S. District Court Senior Judge George A. O’Toole, Jr. to three years of probation, the first year to be served subject to a…
Read MoreCyberattacks have ramped up in recent years, and there’s now a strong chance that any given health organization will, at some point, be hit with ransomware. Should the effort succeed, organizations will find themselves with an unenviable, and sometimes controversial, decision: Should they give in to the ransomer’s demands and pay to regain access to…
Read MoreThroughout home care’s ongoing staffing shortage, agencies have deployed a number of tactics to recruit caregivers. Some have even begun looking outside of the home care talent pool altogether. And with good reason. Roughly 599,800 openings for home health and personal care aides are projected on average each year, over the next decade, according to…
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