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Ascension hospitals transferring to Henry Ford have $3.4B annual revenues
The Ascension-owned Michigan hospitals transferring to Detroit-based Henry Ford Health had a total revenue of $3.4 billion in fiscal 2023 and operated at a loss, according to an Oct. 25 filing detailing the proposed transaction.
8 drugs now in shortage
Monthslong drug shortages have affected quality in surgery, emergency care and other hospital departments in 2023, according to a recent survey of 200 healthcare workers. Recently, eight more medications have fallen into short supply or discontinuation…
WVU Medicine to start $90M cancer project on shuttered hospital site
Morgantown, W.Va.-based WVU Medicine is expected to spend between $75 million and north of $90 million in its rebuilding of a shuttered hospital campus into a new cancer center, according to an Oct. 25 report from The Intelligencer.
Bankrupt California hospital fetches more in land sale, still $30M+ in debt
Shuttered Madera (Calif.) Community Hospital is selling farmland it owed for more money than it anticipated in just six minutes of auction bidding, but still owes more than $30 million to creditors, according to an Oct. 24 Fresnoland report.
Missouri hospital goes live with AI workflow tool
Houston, Mo.-based Texas County Memorial Hospital went live with RapidAI, an artificial intelligence-powered clinical decision-making tool that assists clinicians dealing with stroke patients.
Biden awards oncologist National Medal of Technology and Innovation
President Joe Biden awarded immunotherapy pioneer and longtime oncology physician Steven Rosenberg, MD, PhD, the National Medal of Technology and Innovation on Oct. 24.
New York system taps pharmacy director
A three-hospital system in Oswego, N.Y., filled its pharmacy director position with Sarah Driscoll, PharmD, who has been in the role in an interim capacity since June.
Microsoft, Alphabet CEOs tout health system partnerships
The chief executives of Microsoft and Google parent company Alphabet touted their health system partnerships in the Big Tech firms’ Oct. 24 earnings calls.
60% of cancer patients visit the ER soon after diagnosis
About 60% of newly diagnosed cancer patients made at least one visit to the emergency department for symptoms, but only half of those resulted in hospitalization, a UT Southwestern Medical Center study found.
Chief medical officer role gets a makeover
The chief medical officer role is expanding.
