A recent report revealed a plurality of hospital board members come from the Financial sector. How does this impact hospital community benefit spending and social responsibility?
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CEO pay at large has been a target of criticism by workers in recent months, including physicians and travel nurses, and the issue has surfaced as healthcare professionals negotiate their own pay. Amid this criticism, Lown Institute, a nonpartisan think tank, has measured hospitals' and health systems' social responsibility via 53 metrics related to inclusivity, pay equity, community benefit, care value and outcomes.
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A Pennsylvania appellate court recently denied property tax exemptions to four nonprofit hospitals because they were operating more like for-profits. Could other hospitals be next?
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Insulin manufacturer Eli Lilly announced that it would be cutting the list price of its generic insulin products significantly. This move comes after decades of advocacy work by patients and clinicians alike, including our sister organization the Right Care Alliance. What does this tell us about the drug pricing landscape?
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Earlier this month, Lown experts Dr. Vikas Saini and Judith Garber were featured on the Relentless Health Value podcast to talk about financial assistance, fair share spending, and why America needs a socially responsible healthcare system.
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According to the Lown Institute, there are 15 hospitals that all received “A” grades from the organization in social responsibility for their patients and that have policies disallowing egregious billing practices.
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An investigation from Kaiser Health News shows that a large proportion of hospitals engage in aggressive practices to recoup medical debt. Is your hospital one of them?
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Hospitals are starting to be held accountable for their community benefit spending -- how are they responding? We explore some cases in recent news.
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Can hospitals advance patient safety in a profit-driven system? A recent study identifies persistent rates of adverse events in hospitals.
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Hospitals are facing persistent staffing issues and many are in poor financial shape....but their CEOs keep getting bonuses. Could pay equity be the solution that stabilizes our hospitals?
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An investigation of one Alzheimer's Disease drug and the approval of another offer lessons on accountability and evidence for new drug approvals.
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"If we're ever going to get to the great health system that Americans deserve, we have to call out bad behavior," Vikas Saini, MD, president of the Lown Institute, said. "The Shkreli Awards are a mirror that's hard to look into, but we've got to do it."
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North Texas is no stranger to fraud and greed in healthcare. The Lown Institute, in its snarky way, has “awarded” two healthcare fraud stories from North Texas in its 2022 Shkreli Awards.
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Last week, we hosted the 6th annual Shkreli Awards, calling out the worst profiteers and dysfunction in the healthcare system in 2022. In a perfect world, these awards wouldn’t be necessary. In our world, we have a plethora of candidates to consider.
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“If we’re ever going to get to the great health system that Americans deserve, we have to call out bad behavior,” Dr. Vikas Saini, president of the Lown Institute, said in a statement. “The Shkreli Awards are a mirror that’s hard to look into, but we’ve got to do it.”
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Lown Institute president Vikas Saini, MD, told MedPage Today that this year's list reads like "a tragic comedy of grift and profiteering." If the actions of these companies and individuals seem to be worse than in past years, Saini said that's because governmental agencies and media organizations appear to be "more vigilant in calling out bad actors."
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