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10 health systems with strong finances
Here are 10 health systems with strong operational metrics and solid financial positions, according to reports from credit rating agencies Fitch Ratings and Moody’s Investors Service released since Dec. 1.
Oracle Health lays off 124 as health system moves to Epic
Oracle Health is laying off 124 individuals who were conducting health information technology operations for Springfield, Mo.-based CoxHealth, according to a WARN filing published Feb. 1.
Steward puts financial Band-Aid on Massachusetts hospitals
Dallas-based Steward Health Care is throwing a financial safety net around its nine Massachusetts hospitals amid reports that the health system was looking to sell four of them to settle its ongoing financial difficulties.
Optum didn't build hospitals — it hired their employees
In 2018, former UnitedHealth Group CEO David Wichmann made a clear statement to investors: Optum’s growth strategy did not include ownership of inpatient care facilities. In other words, the company would not build or own hospitals.
3 CEO retirements in 3 days
Since Jan. 30, three health system CEOs have shared plans to retire, adding to a steady stream of exits in the early weeks of 2024.
Florida bill seeks to replace hospital district board
If Florida’s HB 739 is inked, much could change for the Titusville-based North Brevard County Hospital District.
COVID-19 variants ranked by fatality risk
The beta variant was the most deadly of all the COVID-19 strains that the World Health Organization deemed variants of concern, according to a meta-analysis published Jan. 31.
Dignity Health hospital names medical staff president
Dignity Health-Community Hospital of San Bernardino (Calif.) has named Betty Daniels, MD, to serve a two-year term as medical staff president.
Trials show early success of dengue vaccine
Early trials for a vaccine to prevent dengue infections, responsible for more than 5 million cases and 5,000 deaths in 2023, are underway and showing success, according to data published Feb. 1 in The New England Journal of Medicine.
Hospital C-suites get serious about health equity
Health equity is transitioning from an idea into tangible change as health system C-suites are investing in projects and initiatives to move the needle for patients.
