About a quarter of American hospitals are for-profit, that is, they are operated to generate profit for owners and stakeholders. A subsection of those hospitals, about 3%, have been acquired through private equity (PE) buyouts, whereby a PE firm raises funds to purchase a hospital. These PE transactions, also called "takeovers," are characteristically funded through leveraged debt - the firm takes out a loan secured by the purchased entity (the hospital), adding the burden of that debt to the balance sheet (and monthly expenses) of that facility. As a result, hospitals acquired by PE firms face additional pressures; they are operated not only to generate profit but also must repay large amounts of debt, used to fund the acquisition and now added to their balance sheet. A recent study looked into this subsection of hospitals to see how this added financial pressure impacted patient outcomes. The results? Patients are 25% more likely to be harmed by medical care at a private-equity acquired facility.
Hospital Acquired Infections and Hospitals Acquired by Private Equity: The Dangerous Correlation
by Erica Mitchell | January 8 2024
In our previous posts about DALYs and QALYs, we have defined the terms and presented how the healthcare field calculates these two measures of disease burden. In today's post, we will narrow our view to just hospital-associated infections and their disease burden. After reading this post, you should have a more detailed picture of the impact HAIs have on American lives.
In today's healthcare marketplace, it is growing commonplace to consider patients as customers - and the shoe fits, so to speak. Patients do have choices when it comes to medical care, and now have plenty of ratings and data points to consider when selecting a physician, an outpatient center, a hospital or a long-term care facility. One of those data points is patient experience, which encompasses the many interactions with medical staff, facilities, and representatives. In today's post, we will consider the measurable aspects of the patient experience, including infection control and prevention.
What Do HAI Professionals Think about HAI Metrics? A Study Reveals The Answer
by Erica Mitchell | May 1 2023
One of the most tracked and reported metrics in today's healthcare facilities is infection rates. Anyone working in a hospital is aware of the importance of keeping these rates as low as possible, as they impact not only patient outcomes, but reimbursement rates and facility reputation as well. It may be an assumption by the general public that these rates are an objective metric with little grey area. However, a recent study investigated what infection prevention experts think about these metrics, and the results may surprise you!