A Breakdown of Tenet’s Sustainability Report

Dallas-based Tenet Healthcare has released its  2011 corporate sustainability report. The company was recognized by Global Report Initiative as meeting GRI’s Application Level C Guidelines, which indicates how many disclosure requirements Tenet achieved in its report. The company believes sustainability is “about creating shared value for our patients, physicians, employees and shareholders” said Trevor Fetter, Tenet president and CEO, in a statement. “This commitment is crucial to our success as a corporation, employer, and steward of the communities in which we serve.” Highlights from Tenet’s report for 2011 include: Tenet gave $530 million in care to the uninsured, paid $126… Full Story

National Health Spending up 4.2 Percent

The Altarum Institute’s September Health Sector Economic Indicators briefs show an increase in national health spending by 4.2 percent in July 2012 in comparison to one year ago.  Though the numbers are up, they still follow the overall slow trend of health spending. The average rate of growth for 2012 of 4.3 percent, a stark contrast from last year’s estimated 5.2 percent. On a yearly average, healthcare prices are at their lowest since January 1999. The Health Sector Economic Indicators briefs, published monthly, offer in-depth briefings on health sector employment (which are also on the decline), spending, and prices and… Full Story

AHA: Searching for the Best Practices in Workplace Wellness

Kohlberg Kravis Roberts & Co. L.P. and the American Heart Association have teamed up to perform pioneering research to help establish a healthier workforce in America. The joint-study looks to examine the overall impact of wellness programs on employees’ health, and the effectiveness of the tools and incentives used at these KKR portfolio companies. Currently, employers are responsible for designing and paying for the vast majority of health care for those under 65 years. An estimated 25 to 30 percent of companies’ annual medical costs are spent on employees with major risk factors for chronic diseases (such as heart disease,… Full Story

Medicare Offers Tips for Hospitals on Reducing Readmissions

Two-thirds of hospitals will soon suffer penalties for above-average readmissions, according to the Medicare Payment Advisory Commission (MedPAC). Beginning Oct. 1, a penalty of up to 1 percent for readmissions related to acute myocardial infarction, heart failure, and pneumonia will be set to impact hospitals in 2013, with the percentage increasing to up to 3 percent into 2015. MedPAC has released extensive information to help hospitals reduce readmissions, including these tips: • Identify at-risk populations. • Improve communication with providers outside of the hospital. • Educate the patient on taking charge of his or her care. • Schedule follow-up appointments… Full Story

AHA: Heart Attack Victims Who Take Common Pain Killers May Increase Chance of Death

According to the Dallas-based American Heart Association, heart attack victims who take common painkillers, such as ibuprofen, naproxen, and prescription drugs such as Celebrex, run the risk of suffering a second heart attack, as well as an increased chance of death. “It is important to get the message out to clinicians taking care of patients with cardiovascular disease that non-steroidal anti-inflammatory drugs (NSAIDs) are harmful, even several years after a heart attack,” said Anne-Marie Schjerning Olsen, M.D. at Copenhagen University Hospital Gentofte at Denmark, in a statement. In the study, Schjerning Olsen and her colleagues found that 44 percent of patients… Full Story