Industry News - October 2022
Healthcare Facilities Continue to Experience Significant Shortage of Staff
The primary challenge in recruiting allied healthcare professionals is the current labor shortage.
Kansas-Based Saint Luke's Health System to Close Two Locations
Emergency care will continue to be available at both locations until December.
Workers Still Want to Quit Their Job
More workers want to quit, but few have plans to actually do so.
Nursing Homes to See Tougher Federal Oversight
Revisions to Special Focus Facility program aims to increase enforcement actions for facilities that fail to demonstrate improvement.
Senior Care Facilities Acquisitions Dropped in Third Quarter
The number of publicly announced seniors housing and care acquisitions in the third quarter of 2022 dropped to 133 deals.
Healthcare Merger and Acquisition Activity Remains Active
Healthcare M&A deal value totals revealed a slight increase from $57.74 billion in Q2:22 to $58.2 billion during Q3:22.
Essentia Health and Marshfield Clinic Health System Explore Merger
A combined organization would feature a network of 3,800 providers serving more than 2 million people in rural and mid-urban communities.
Healthcare Facilities See Increase in Regulatory Burdens
Prior authorization requirements ranked as the top burden for medical practices.
Convent Health Hobbs Hospital Reduces Services After Reports of Rodents, Water Quality Issues
The hospital has created a mitigation plan with outside experts.
Parkview Health System Signs Letter of Intent to Join UCHealth
In the letter of intent, both healthcare systems commit to strengthening services offered throughout Southern Colorado.
USDA Awards $110 Million to Improve Rural Healthcare Facilities
These grants will help 208 rural healthcare organizations expand facilities and critical services for nearly 5 million people in 43 states and Guam.
Fred Hutchinson Cancer Center Receives $710 Million Donation from Bezos Family, Plans Expansion
The gift supports the organization’s efforts to accelerate the pace and breadth of medical breakthroughs in cancer and infectious disease.
Iowa-Based Blessing Health to Close
The demand of patient care does not support the investment required to operate and maintain the hospital.
Occupancy of Senior Care Facilities Increases, Outpaces Growth in Inventory
The total number of occupied senior housing units is 2,400 units shy of its pre-pandemic all-time high level.
Atlanta Medical Center Closes Emergency Department Prior to Hospital Closure in November
The AMC emergency department will close on Oct. 14.
Healthcare Facilities Worker Burnout on the Rise
Researchers concerned that findings could indicate more mental health disorders and cardiovascular diseases in healthcare staff.
Rural Healthcare Programs Extended Through December
Rural hospitals are at higher risk of closure.