Volume 13
This week, we look at the latest trends on flu, RSV, and COVID and on hospital closures in Texas. We also examine new data on clinician burnout and venture capital investment and we discuss how mega hospital mergers affect patient care and the healthcare workforce, how the federal surprise billing regulation may benefit insurers, and whether a decision in a lawsuit against one of the country’s largest insurers will actually reform payment practices.
#1: Respiratory Viruses are Putting a Strain on Hospitals as the Holidays Near
Big Synopsis: According to the CDC, there have been at least 8.7 million flu cases so far this season and 78,000 hospitalizations and 4,500 deaths. Providers also are still dealing with COVID, and higher-than-normal numbers of RSV cases. The federal government says it is ready to help..
So What’s The Big Deal: Influenza (flu), COVID, and RSV continue to take a serious toll on emergency departments and hospitals. With an earlier-than-normal and more severe flu and RSV outbreaks, hospitals have remained full, curtailing elective services to accommodate patients. There are two main concerns beyond those for the patients: service availability and that hospitals’ fiscal position will further worsen. While the flu season typically drives hospital volumes (and revenues), hospitals typically can handle the volume without having to cut high-revenue services. This year, that’s not the case.
So What’s Next: Hospitals can leverage COVID pandemic emergency flexibilities to care for patients with flu, RSV, and COVID. While there has not been a public health emergency (PHE) announced for flu, providers can leverage the current COVID PHE. PS: Do your part. Get your flu and COVID bivalent shot.
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