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CHS posts $6M Q1 net loss as interest expenses eat into operating profit
Franklin, Tenn.-based Community Health Systems reported $231 million in operating income (7.4% margin) in the first quarter, up from $210 million (6.8% margin) during the same period last year.
Sutter Health may accommodate electives as California hospital faces CMS contract loss
Stanislaus Surgical Hospital has typically seen more than 400 elective surgeries per month. But the facility is likely to close April 30, when its Medicare contract with CMS is set to terminate. At least one other hospital in Modesto, Calif., has indic…
Senate to probe Ozempic, Wegovy's cost
A Senate committee opened an investigation into Novo Nordisk’s list prices for Ozempic and Wegovy, Novo Nordisk’s diabetes and weight loss drugs.
CHS' CEO-to-worker pay ratio over the past 5 years
CEOs for Franklin, Tenn.-based Community Health Systems were paid between 96 and 161 times more than the median annual salary for an employee at the health system between 2019 and 2023, according to proxy statements filed with the Securities and Exchan…
Texas hospital taps dual chief operating, nursing officer
Methodist Hospital Atascosa in San Antonio named Jacalyn DeHarte, BSN, its COO and chief nursing officer.
Inmate shot, killed by officer in Georgia hospital
A 31-year-old man was shot and killed by an officer in Washington County Regional Medical Center in Sandersville, Ga., April 23, after what local officials describe as an attempted escape from correctional officers.
US Chamber of Commerce sues to block FTC noncompete ban
The U.S. Chamber of Commerce is asking a federal court to halt the Federal Trade Commission’s noncompete ban, alleging it violates the law in “numerous ways.”
Nearly 4 million Medicare patients with heart disease may be eligible for Wegovy coverage
Nearly 4 million Medicare patients could be eligible to have Wegovy covered after the FDA approved it to reduce risk of heart attack and strokes, KFF reported April 24.
CVS invests $19M for affordable housing in Colorado
Arvada, Colo., will soon have 85 more affordable housing units because of a $19.2 million contribution from CVS Health, the healthcare company said April 24.
HealthPartners names new hospital president
Emily Blomberg was selected as the next president of St. Paul, Minn.-based Regions Hospital and the Regions Hospital Foundation.
