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Morning Briefing

Summaries of health policy coverage from major news organizations

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Tuesday, Jan 17 2023

Full Issue

'Shkreli Awards' List 'Profiteering' Health Care Outlets

The awards are named after former pharmaceutical executive Martin Shkreli. Meanwhile, preventable medication-related harm, injuries, or infections hit 22.7% of hospital patients in the U.S. according to a new study. In other news, health care outlets have shown they plan to hike prices this year.

The Lown Institute, a health care policy think tank, each year ranks the 10 worst instances of 鈥減rofiteering and dysfunction鈥 in the health-care industry. It calls its rankings the 鈥淪hkreli Awards,鈥 named after the former pharmaceutical executive Martin Shkreli, who rose to notoriety in 2015 when he raised the price of a life-saving medication by roughly 4,000%. Shkreli was nicknamed 鈥淧harma Bro鈥 by the public. He was convicted of securities fraud in 2017, and was released last year. (Mayorquin, 1/14)

Almost one quarter of hospital patients in the U.S. experience an adverse event such as medication-related harm, a pressure injury or infection during their care, according to a new study. The research, which looked at a random sample of 2,809 admissions from 11 Massachusetts hospitals in 2018, found that out of the adverse events, 22.7% were deemed preventable, and 32.3% were classified as serious, life-threatening, or fatal. The study聽was published Wednesday in the聽New England Journal of Medicine. (Devereaux, 1/13)

In other health care industry news 鈥

More than a dozen of the country鈥檚 large not-for-profit hospital systems descended on this year鈥檚 J.P. Morgan Healthcare Conference with a subtle but clear message for bankers and municipal investors: Higher costs in 2022 slowed them down, but they are adamant about increasing revenue by expanding their footprints and hiking prices. (Herman, 1/17)

Health systems in Georgia, Pennsylvania and Wisconsin are using artificial intelligence to automatically transcribe medical instructions into their Epic and Meditech EHRs. The health systems employing the SmartRenewal software from health IT company DrFirst include Butler (Pa.) Health System and Gainesville-based Northeast Georgia Health System, a company spokesperson told Becker's. (Bruce, 1/13)

Hospitals trying to shed unprofitable business lines are increasingly scaling back or halting maternity services, adding new stresses to the reproductive care landscape. (Dreher, 1/17)

Silverdale, Wash.-based St. Michael Medical Center 鈥 which gained media attention after a nurse called 911 from its overcrowded, short-staffed emergency department 鈥 has been accredited by The Joint Commission after a preliminary denial. (1/13)

In the emergency department at MLK Community Hospital, masked patients lay in wheeled stretchers lining the hallways. Others slumped in chairs where nurses attended to them. Amid the crush of people on a recent day in December, only the sickest or most severely injured got one of the 29 rooms. (Alpert Reyes, 1/15)

This flu season, Benny Matthew 鈥 a nurse at the Montefiore Medical Center emergency room in the Bronx 鈥 has often been responsible for 15 to 20 patients at a time. By 3 p.m. most days, the emergency room is often exploding with patients, Matthew said. Hospital gurneys stand inches apart. When beds run out, patients squeeze into tightly packed chairs. When the chairs run out, patients must stand. Wait times to see a doctor can be up to six hours. At the same time, the hospital is advertising more than 700 nursing positions. (Gurley, 1/14)

This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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