Private equity investments into healthcare services plummeted in the first quarter, according to analysts who follow deals. The market data research firm PitchBook analysis found just 158 deals in Q1, down almost a third from the fourth quarter of last year. Driving…
General liability and excess casualty insurance policies may see premiums accelerate upward in the remaining months of 2024. That’s the broad consensus from insurance carriers’ Q1 earnings calls. What’s new: P&C executives were open about the potential for general liability…
By Phil Galewitz | KFF Health News HOUSTON — Patients admitted to Houston Methodist Hospital get a monitoring device about the size of a half-dollar affixed to their chest — and an unwitting role in the expanding use of artificial…
The FBI’s Internet Crime Complaint Center (IC3) reported 880,418 cyber incidents in 2023, resulting in a record $12.5 billion in losses. Healthcare saw the highest number of compromises by industry, with 809 as tracked by the Identity Theft Resource Centers (ITRC). The big…
By Phil Galewitz, KFF Health News Nonprofit hospitals created largely to serve the poor are adding concierge physician practices, charging patients annual membership fees of $2,000 or more for easier access to their doctors. It’s a trend that began decades…
Insurance premium price increases slowed down in Q4 2023, according to the Council of Insurance Agents & Brokers (CIAB). Nevertheless, the latest quarterly survey saw consumers paying higher prices for the 25th consecutive quarter. Commercial property premiums rose 11.8%, down…
Hundreds of rural U.S. hospitals are at risk of closing, according to an analysis from healthcare advisory firm Chartis. Since 2010, 143 rural hospitals have shut down, while another 453 are vulnerable to closure. The states with the highest percentage…
The Jan. 1 reinsurance renewals stabilized after last year’s exceptionally challenging market, thanks to more favorable supply dynamics, according to several brokerage firms. Jan. 1 is the most important date on the reinsurance calendar, as roughly half of the world’s…
As hospitals manage continued financial pressures and watch competitors grow, experts predict merger and acquisition activity will increase in 2024. Hospital merger activity increased significantly in 2023 for the first time since the Covid pandemic. By the numbers: Data from consultancy…
The healthcare industry is recovering from several years of financial disruption. But, experts predict 2024 will bring little relief for many hospitals and health systems. Some providers continue to operate in the red following the impacts of the Covid-19 pandemic….
