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FTC head raises alarm over algorithm-driven healthcare price fixing
Lina Khan, head of the Federal Trade Commission, cautioned about the risk of healthcare price fixing driven by advancements in technology, PYMNTS reported April 24.
FDA approves treatment for uncomplicated UTIs
The FDA approved the first new antibiotic for urinary tract infections in two decades.
Optum shutting down telehealth business
UnitedHealth Group’s Optum Virtual Care is shutting down, Endpoints News reported April 24.
Franciscan Health taps new CFO for 2 Indiana hospitals
Justin Kats was named CFO of Fransciscan Health Crown Point (Ind.) and Franciscan Health Michigan City (Ind.), both part of Mishawaka, Ind.-based Franciscan Health, effective April 8.
Heart failure trends reverse, are rising again: Study
The decadelong reduction in heart failure deaths has “been entirely undone” in recent years, according to a research letter published April 24 in JAMA Network.
Health system mergers increase prices by 5.2%: Study
There have been 1,164 mergers among health systems between 2000 and 2020, and a recent study found those transactions increased prices by 5.2%.
UHS Q1 net income up 61% to $261.8M
King of Prussia, Pa.-based Universal Health Services saw a net income of $261.8 million in the first quarter of 2024, a 60.5% increase from a $163.1 million net income over the same time period in 2023, according to its most recent financial report.
AdventHealth taps 3 leaders
AdventHealth has made several C-suite hires in Central Florida, including a new hospital COO and a new campus CFO.
7 health systems naming revenue cycle vice presidents
Here are seven health systems that have made revenue cycle vice president hires in 2024:
Texas hospital gifted millions to complete heart center
Corpus Christi, Texas-based Driscoll Children’s Hospital received a multimillion-dollar gift to support its heart center.
