Author's posts
NewYork-Presbyterian posts 4.5% operating margin in Q3
New York City-based NewYork-Presbyterian reported an operating income of $123 million (4.5%) operating margin in the third quarter of 2024, up from an operating income of $81.8 million (3.3% margin) during the same quarter last year.
Pharmacy access is drying up
Hundreds of pharmacies are permanently closing their doors as consumer trends change and businesses succumb to financial pressures.
Beth Israel Lahey Health reports $249M operating loss, -2.8% margin in FY 2024
Cambridge, Mass.-based Beth Israel Lahey Health reported a $138.8 million operating loss (-6.1% margin) for the three months ending Sept. 30, down from a $10.6 million operating gain (0.5% margin) during the same period last year.
Johns Hopkins Medicine inks AI deal with Abridge
Baltimore-based Johns Hopkins Medicine inked a deal Dec. 18 with Abridge to offer the company’s generative AI-powered clinical documentation across the health system.
Did shifting workforce models really help? 18 APP trends to know
At the beginning of 2024, the problem of low physician workforce numbers was top of mind among leaders and many turned to advanced practice providers to help resolve access issues.
Inside Nemours Children's $430M investment in Florida and Delaware
Nemours Children’s Health is investing $300 million in central Florida over the next four years and $130 million in Delaware in 2025.
Michigan health system appoints global ambassador
Flint, Mich.-based Insight Health System has named Dr. Maliha Hashmi, a leader in AI-driven precision care, health equity and wellness advocacy, as its first global ambassador.
President-elect Trump taps HHS landing team leader: Politico
President-elect Donald Trump has selected John Brooks as the leader of his HHS landing team, Politico reported Dec. 17.
Advocate's $1B investment in Chicago: 5 funding details
Advocate Health Care on Dec. 17 unveiled plans to expand on Chicago’s South Side with $1 billion invested in new facilities and services.
Congress' healthcare package: Key wins for hospitals, telehealth and physician pay
Lawmakers have unveiled a sweeping government funding deal containing a significant healthcare package that would extend Medicare telehealth flexibilities, increase physician reimbursement rates and implement new regulations targeting pharmacy benefit …
