Most recently, 23 critical access hospitals in North Dakota created a clinically integrated network which intends to enhance primary care, referrals and chronic care management by participating in the Medicare Shared Savings Program. The network plans to invest in telehealth, quality improvement and IT ... READ MORE >
Health care shows resiliency in jobs, but a shortage looms
The health care sector showcased its resiliency by contributing 41,000 jobs in September, according to the latest jobs report from the U.S. Bureau of Labor Statistics. While the increase is encouraging, the industry is facing a long-term shortage of 124,000 physicians by 2034, according to the ... READ MORE >
Inflation Reduction Act could provide clean energy tax credits for health care organizations and investors
The Inflation Reduction Act, enacted on Aug. 16, 2022, is the largest public-sector investment in clean energy in United States history. It provides a wide range of tax credits and other incentives for businesses, including health care organizations, to invest in assets that promote decarbonization ... READ MORE >
As physicians are strained by surging demand, AI may provide relief
Physicians are facing a growing challenge as they face a surge in demand for their services. Visits per physician office this year have grown by a staggering 30%, far higher than the rate in 2019, before the pandemic, according to data from the Centers for Disease Control and Prevention. But health ... READ MORE >
Risk of losing tax-exempt status could be disruption for many nonprofit hospitals
The tax-exempt status of nonprofit hospitals faces legislative scrutiny as members of Congress discuss the tax-exemption benefit and whether it equates to the value these organizations provide to their local communities. In April, the House Committee on Ways and Means addressed the matter with a ... READ MORE >