Author's posts
Cleveland Clinic will pay $7.6M to resolve false claims case
The Cleveland Clinic Foundation has agreed to pay the U.S. $7.6 million to resolve allegations that it violated the False Claims Act, the Justice Department announced May 17.
Baylor Scott & White Health raises operating margin to 8.5%
Dallas-based Baylor Scott & White Health posted $967 million in operating income (8.5% margin) through the first nine months of fiscal year 2024, up from $743 million (7.2% margin) over the same period last year, according to the health system;s May 17…
AstraZeneca to pay $107.5M for cancer drug patent infringement
AstraZeneca has been ordered to pay $107.5 million to Pfizer in damages for infringing Pfizer’s patents, GlobalData reported May 20.
HHS puts $50M toward hospitals' ransomware fight
A new agency within the National Institutes of Health is launching a $50 million initiative to develop tools for hospital IT teams that enhance their cybersecurity measures and resources to combat ransomware.
Optum laying off 129, closing Ohio facility
Optum is closing a Change Healthcare facility in Toledo, Ohio, resulting in the termination of 129 employees located in Ohio or working remotely.
2 virtual nurses, 4 big changes at a Yale New Haven hospital
In six months, Lawrence + Memorial Hospital (Conn.) and a team of two virtual nurses have overseen 898 discharges, 466 admissions and reduced the average length of stay for patients in the medical/surgical unit by nearly half a day.
Providence CFO eyes 'strong 2024' after $176M operating gain in Q1
Renton, Wash.-based Providence is back in the black after reporting a $176 million operating gain (2.3% margin) in the first quarter, a significant improvement on the $345 million operating loss (-5.1% margin) reported in the first quarter of 2023.&nbs…
Epic's market share throughout the years
Epic’s market share has increased from 31% in 2020 to 39.1% in 2023.
Penn State Health flagship hospital pauses 2nd transplant program
Penn State Health Milton S. Hershey (Pa.) Medical Center has temporarily paused its kidney transplant program for two weeks after meetings with UNOS.
Some Rx fills paused as Ascension recovers from cyberattack
Across nine states and Washington, D.C., some Ascension pharmacies cannot fill prescriptions as the St. Louis-based health system works to recover from a May 8 cyberattack.
