Tag: Budget

Survey: Drug shortages impact hospital labor costs

Editor's Note Hospitals spent nearly $900 million in labor last year managing drug shortages, dedicating over 20 million hours to activities such as sourcing alternatives, updating systems, and communicating with care teams, according to a new Vizient survey published June 17. Conducted in late 2023 and detailed in Vizient’s June…

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By: Matt Danford
June 24, 2025
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OR Business Management Summit rebrand signals deeper focus for perioperative business leaders

Editor's Note The formerly titled OR Business Management Conference has rebranded as the OR Business Management Summit, reflecting a strategic shift toward more tailored, immersive support for perioperative business leaders, an OR Manager June 10 press release reports. The newly renamed Summit emphasizes curated content, targeted networking, and facility-specific learning…

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By: Tarsilla Moura
June 10, 2025
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Proposed HHS, NIH budget cuts reveal administration priorities

Editor's Note The Trump administration’s proposed fiscal year 2026 budget calls for slashing the Department of Health and Human Services (HHS) discretionary budget by $32 billion, a nearly 25% cut that brings the total to $95 billion. Fierce Healthcare reported the news June 2.  Although many of the proposed cuts…

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By: Matt Danford
June 3, 2025
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Federal grant cuts threaten hospital disaster readiness

Editor's Note Eliminating the Federal Emergency Management Agency’s (FEMA’s) key disaster preparedness grants could weaken hospital infrastructure and jeopardize care during future crises, according to a May 5 report in Modern Healthcare. As detailed in the article, the Trump administration has cut $3.3 billion in annual funding by ending the…

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By: Matt Danford
May 8, 2025
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State AGs sue HHS over sweeping cuts

Editor's Note State attorneys general from 20 states filed suit to block major restructuring and layoffs at the Department of Health and Human Services (HHS), alleging the actions bypass Congress, violate federal law, and endanger public health. As detailed in a May 5 report from Fierce Healthcare, the lawsuit seeks…

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By: Matt Danford
May 6, 2025
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Medtech giants move fast to blunt tariff impact without raising prices

Editor's Note Medtech companies are scrambling to contain the financial damage from rising tariffs without passing costs onto hospitals, according to a May 2 report in Modern Healthcare. Executives from industry leaders including Johnson & Johnson, GE HealthCare, and Intuitive Surgical outlined mitigation efforts during recent earnings calls, with most…

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By: Matt Danford
May 6, 2025
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CMS vision shifts as agency halts funding for state programs

Centers for Medicare & Medicaid Services

Editor's Note The Centers for Medicare & Medicaid Services (CMS) will no longer approve federal matching funds for designated state health programs (DSHPs) and designated state investment programs (DSIPs) that are not directly related to Medicaid services. According to the April 10 announcement, the decision aims to preserve the core…

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By: Matt Danford
April 11, 2025
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Survey: Health system CEOs prioritize regulation, workforce, technology investments

Editor's Note Health system executives cite regulatory uncertainty, workforce challenges, and technology investment as top priorities for the next five years, according survey data released February 26 by healthcare advisory firm Chartis. Based on responses from 61 US health system CEOs and chief security officers (CSOs) in December 2024, the…

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By: Matt Danford
March 13, 2025
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Cost-shifting concerns rise as GOP eyes Medicaid cuts

Editor's Note Large employers are warning hospitals they will not absorb higher costs if plans by Republicans and the Trump administration for deep Medicaid cuts proceed, a February 28 article in Modern Healthcare reports. The threat of reduced Medicaid funding has reignited concerns about hospitals shifting costs onto employers and…

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By: Matt Danford
March 3, 2025
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Session: All Hands-on-Deck—How to Justify Your Staffing Needs and FTEs

Editor's Note In this comprehensive session on nurse workforce management, The Valley Hospital speakers Jacqueline Gardocki, MBA, MSN, BSN, CNOR, CASC, nurse manager Luckow Pavilion same day services & pain management, and DeAnna Kearney, BSN, RN, CAPA, manager of endoscopy, highlighted the critical role of budgeting, staff tracking, cross-training, and…

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By: Tarsilla Moura
February 11, 2025
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