By Justin Hubbard The COVID-19 crisis of 2020 has impacted all industries. However, few industries have been impacted as severely as the healthcare industry. Consider the following situations that have impacted many healthcare organizations: Emergency rooms furloughed employees due to low census levels, in the middle of a pandemic. Thousands, if not millions, of elective…
Potpourri of COVID-19 takeaways for healthcare providers
By Lisa English Hinkle While the COVID-19 virus surges and possibly re-surges in states all around us, Kentucky’s cautious management of this crisis has created opportunities for healthcare providers to ease back into business and shift into recovery. Whether Kentucky can continue to contain the virus is uncertain, but as healthcare providers retool and spend…
Finance execs discuss navigating the pandemic
Medical News recently spoke with local finance executives who discussed navigating through the COVID-19 pandemic. Medical News: How has the COVID-19 pandemic impacted your business operations? Craig Collins, Vice President and CFO, UK HealthCare As with most healthcare organizations, COVID-19 has had a major impact on UK HealthCare’s (UKHC) revenue related to patient volumes and…
Kentucky can be a leader in suspending the third-party payer rule
By Gwen Cooper Help me understand this…according to a recent Families USA study, during the early stages of the pandemic a staggering 5.4 million laid-off Americans lost their health insurance in a matter of weeks, a historic drop off and nearly 40 percent higher than during the Great Recession of 2008 and 2009. Yet, nonprofit…
Healthcare business community adopts strategic plan
By Ben Keeton The Health Enterprises Network (HEN) Board of Directors, which includes over 50 of our region’s leaders from key health-related organizations, developed a new strategic plan. The intent of the plan is to help guide the organization’s mission to champion and foster the growth of the region’s health-related economy and to identify opportunities…
UK working to reduce opioid-related deaths in Kentucky
By Sally McMahon The University of Kentucky’s (UK) Center on Drug and Alcohol Research (known as CDAR) conducts research on numerous aspects of substance abuse and related behavior, including intimate violence, criminal justice settings and characteristics of rural substance use. CDAR has a history of providing training on evidence-based treatment, intervention and prevention approaches, as…