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Oklahoma hospital CEO to exit
William Ermann plans to retire as CEO of Guymon, Okla-based Memorial Hospital of Texas County on March 30 after more than three years at the helm, local news outlet KSCB News reported Dec. 27.
Why 3 health systems outsourced services to Optum in 2023
Three health systems struck deals to outsource revenue cycle, health IT and other services with Optum in 2023.
Texas hospital names CEO
Cedar Park (Texas) Regional Medical Center has tapped Sean Tinney as CEO, effective Jan. 22.
Experts warn of disruptions amid discontinuation of popular inhaler
At the start of 2024, GSK is discontinuing Flovent, its popular branded asthma inhaler, and switching to a generic version. The generic is virtually identical, though physicians are worried that delays in securing insurance coverage will cause disrupti…
Best Buy Health plans bigger healthcare presence in 2024
Best Buy Health became a major player in healthcare over the last 12 months by partnering with some of the largest health systems in the U.S. to support in-home services, virtual care, supply chain management and more.
Tennessee nursing home closing; 79 layoffs announced
Viviant Healthcare of Murfreesboro (Tenn.) is closing its doors for failing to meet Medicare and Medicaid health and safety requirements, according to a CMS notice of termination release Dec. 12.
From -10.6% to 11.1%: 34 systems ranked by operating margins
Hospitals began 2023 with a median operating margin of -0.9%, but that figure has increased steadily month over month to hit 2% in November — the ninth consecutive month of positive margins. Despite a modest positive turning point for some hospitals an…
Minimum wage bumps in 22 states will add billions in worker wages
Twenty-two states and an additional 38 counties and cities will increase their minimum wage Jan. 1, and a report from the Economic Policy Institute estimates workers will see $6.95 billion in added wages from the state increases.
Healthcare billing fraud: 11 recent cases
From Community Health Network agreeing to a $345 million False Claims Act settlement to the sentencing of an orthopedic surgeon for his role in an upcoding scheme, here are 11 healthcare billing fraud cases Becker’s has reported since Dec. 12:
Health system C-suites' buzzword for 2024
The last year, 2023, was the year of artificial intelligence in healthcare. Top executives from hospitals and health systems large and small dove deep into ways AI could make their organizations more efficient and elevate patient care.
