Jefferson, Einstein Healthcare Network to explore merger

https://www.beckershospitalreview.com/hospital-transactions-and-valuation/jefferson-einstein-healthcare-network-to-explore-merger.html

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Jefferson Health and Einstein Healthcare Network, both in Philadelphia, signed a nonbinding letter of intent to merge, Jefferson Health confirmed to Becker’s Hospital Review March 27.

Jefferson Health comprises 14 hospitals and 50-plus outpatient and urgent care locations, while Einstein Healthcare Network maintains three hospitals, approximately 1,000 licensed beds and 8,800-plus employees across its facilities.

With the move, Jefferson and Einstein Healthcare Network will set the stage for the creation of one of the region’s largest residency programs, officials said.

The organizations will enter a period of due diligence, and will sign a definitive agreement should they choose to move forward.

“Einstein Health Network is the perfect match for our vision of an academic and health system ‘with no address’ where the patients and students are the boss. Einstein has a history of caring for the underserved, training health professionals of the future and embracing change and innovation which makes them the perfect partner for our trustees’ goal of helping to create a healthcare innovation revolution in Philadelphia,” Jefferson Health President and CEO Stephen K. Klasko, MD, said in a statement to Becker’s Hospital ReviewMarch 27.

“Einstein represents an academic medical center with a 150-year history of caring for the underserved despite challenges in healthcare. [Einstein Healthcare Network President and CEO] Barry Freedman knows that urban hospitals still fill a unique role in their communities, despite many other hospitals packing up and heading for the suburbs. Einstein had many options for future partners and I’m glad they went with us,” he continued.

 

Geisinger, St. Luke’s University Health partner to construct 80-bed hospital

https://www.beckershospitalreview.com/facilities-management/geisinger-st-luke-s-university-health-partner-to-construct-80-bed-hospital.html

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Danville, Pa.-based Geisinger and Bethlehem, Pa.-based St. Luke’s University Health Network will build a new 80-bed acute care hospital in Orwigsburg, Pa. — marking the first time in Pennsylvania’s history two healthcare systems agreed to build and co-own a hospital.

The three-story, 120,000-square-foot facility will house an emergency department and offer a wide array of specialties and services. Construction on the facility will begin in spring 2018, wrapping up late next year.

Under the terms of the partnership, the hospital will operate under both parties as a joint venture, with funding and governance shared equally. St. Luke’s will build and manage the hospital, while both parties will contribute physicians, support staff and expertise.

“The new hospital in Orwigsburg will emphasize the strengths of St. Luke’s and Geisinger, extending the best value in healthcare  that is, the highest quality at the lowest cost — to more residents of Schuylkill County and surrounding areas,” St. Luke’s President and CEO Rick Anderson said.

 

 

Poll: Americans Aghast Over Drug Costs But Aren’t Holding Their Breath For A Fix

https://khn.org/news/poll-americans-aghast-over-drug-costs-but-arent-holding-their-breath-for-a-fix/

The recent school shootings in Florida and Maryland have focused attention on the National Rifle Association’s clout in state and federal lobbying activities.

Yet more than the NRA or even Wall Street, it’s the pharmaceutical industry that Americans think has the most muscle when it comes to policymaking.

poll from the Kaiser Family Foundation found that 72 percent of people think the drug industry has too much influence in Washington —outweighing the 69 percent who feel that way about Wall Street or the 52 percent who think the NRA has too much power. Only the large-business community outranked drugmakers. (Kaiser Health News is an editorially independent program of the foundation.)

Drug prices are among the few areas of health policy where Americans seem to find consensus. Eighty percent of people said they think drug prices are too high, and both Democrats (65 percent) and Republicans (74 percent) agreed the industry has too much sway over lawmakers.

Democrats were far more likely than Republicans — 73 vs. 21 percent — to say the NRA had too much influence.

The monthly poll also looked at views about health care. Americans may be warming to the idea of a national health plan, such as the Medicare-for-all idea advocated by Sen. Bernie Sanders (I-Vt.). Overall, 59 percent said they supported it, and even more, 75 percent, said they would support it if it were one option among an array for Americans to choose.

Americans are far more concerned with lowering prescription drug prices, though they don’t trust the current administration to fix the problem. Fifty-two percent said lowering drug costs should be the top priority for President Donald Trump and Congress, but only 39 percent said they were confident that a solution would be delivered.

“There’s more action happening on the state level; what we are finding is they’re not seeing the same action on the federal level,” said Ashley Kirzinger, a senior survey analyst for KFF’s public opinion and survey research team. “They’re holding the president accountable as well as leaders of their own party.”

Overall, at least three-quarters of people don’t think Democrats and Republicans in Congress, as well as the Trump administration, are doing enough to bring costs down.

Twenty-one percent reported that they didn’t trust either party to lower prices, up from 12 percent in 2016. And, unlike other health-related policy questions such as repealing the Affordable Care Act or creating a national health plan, the poll does not find a partisan divide on this perception.

Passing legislation to lower drug prices was at the top of the list of the public’s priorities, making it more important than infrastructure, solving the opioid epidemic, immigration reform, repealing the ACA or building a border wall.

Looking ahead to the 2018 midterm elections, 7 percent reported that creating a national health plan was the “single most important factor” for how they would vote in 2018. However, 7 in 10 said it is an important consideration, and 22 percent said it is not an important factor at all.

The poll found that support for the federal health law fell this month, from February’s all-time high of 54 percent to 50 percent in March. Opposition moved up slightly from 42 to 43 percent.