Start your week off right by taking a look at some of Becker's Hospital Review's top stories from last week.
1. The 2 actions Trump took on healthcare Thursday: 9 things to know
President Donald Trump signed an executive order Thursday morning to ease restrictions on association health plans, short-term insurance coverage and health reimbursement agreements. Later in the day, he ended cost-sharing reduction subsidies to insurers — a move that will take effect immediately with no transition period.
2. Dignity Health's operating loss widens to $66.8M with loss of state provider-fee revenues
Dignity Health, a 39-hospital system based in San Francisco, saw its operating loss widen in fiscal year 2017 even as it booked higher revenue and held expenses in check. However, like many systems, it benefited from higher investment income.
3. CMS revokes Medicare funding, imposes $63k penalty to nursing home where 14 residents died
CMS cut off Medicare funding and imposed an approximately $63,000 penalty to Hollywood, Fla.-based Rehabilitation Center at Hollywood Hills where 14 residents died after the facility lost power when Hurricane Irma made landfall in the state.
4. Dr. Scott Gottlieb: Hospitals could see drug shortages in 2 to 3 weeks
The U.S. could see several drug shortages within the next two to three weeks due to manufacturing issues in Puerto Rico, according to Scott Gottlieb, MD, head of the Food and Drug Administration.
The community benefit from nonprofit hospitals far outweighs the federal revenue forgone due to the tax-exempt status of these nonprofit facilities by an 11-1 ratio, according to a report conducted by Ernst and Young commissioned by the American Hospital Association.
6. Tenet sells hospital to Loyola with eye on exiting Chicago market
Dallas-based Tenet Healthcare has reached a definitive agreement to sell MacNeal Hospital, a 368-bed community hospital in Berwyn, Ill., and its affiliated operations to Chicago-based Loyola Medicine.
7. Dignity Health hospital to cover all of Las Vegas shooting victims' medical bills
While some Las Vegas hospitals said they plan to use the influx of donations they have received to help pay for some of the medical costs incurred by victims of the Oct. 1 shooting, one area hospital claimed it would foot the entire bill for all injured victims.