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 >
health care
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 >
5 things to know in life sciences: Week of May 15, 2023
This week we look at how changes to accelerated approvals at the U.S. Food and Drug Administration (FDA) are affecting the number of drugs being approved. Also this week, there is news of CVS’s brief foray into clinical trials, the end of the public health emergency for COVID-19, and the costs of the ... READ MORE >
ChatGPT could help overburdened physicians, but careful evaluation is needed
Health care’s post-pandemic lurch into the virtual world has challenged physicians to continuously communicate with their patients as they provide ongoing care. However, as the patient-doctor relationship has evolved, physicians have found themselves responding to sometimes thousands of patient messages ... READ MORE >
Health care and cybersecurity insurance: The importance of understanding your organization’s coverage
Over the past decade, cybersecurity breaches in health care have become more pervasive and costly, and the nature of the attacks have changed. And while cyber insurance could be a way to protect organizations from these costly threats, there’s much to consider about this coverage. At one time ... READ MORE >
What do the latest job numbers say about the health care sector?
According to the latest nonfarm payroll jobs report published by the Bureau of Labor Statistics, health care added 44,700 jobs, which exceeded our estimate of 40,000. The overall economy added 263,000 jobs last month, a slight increase over October’s 261,000. These results also exceeded the consensus ... READ MORE >
Reflections from 2022 and a look forward for the health care industry
As the calendar year comes to an end, it’s time for many organizations to reflect on challenges and issues from this year, as well as look to new efforts for the coming year. The following captures some key takeaways from 2022 and where health care leaders may want to focus on in 2023. What did we ... READ MORE >
Along with community benefits, ESG efforts could reduce capital costs for health care providers
Health care executives and treasury departments may meaningfully engage in environmental, social and governance finance this year as we see ESG bonds and loans helping hospitals and health systems reduce capital costs in exchange for providers improving the health of their local communities—something they ... READ MORE >
ESG’s growing impact on the health care industry: Spring 2022 outlook
Aside from the obvious benefits to community, culture and environment, another reason health care organizations are focused on ESG is to attract financing. Health care organizations will likely begin measuring and reporting ESG data as an evaluation tool for investors. Read about other outlook ... READ MORE >