Author's posts
Innovaccer embraces AI with Humbi AI acquisition
Healthcare artificial intelligence company Innovaccer has signaled its intent to acquire software, services and analytics company Humbi AI for an undisclosed amount.
This marks Innovaccer’s third acquisition, following Cured and Pharmacy Quality Soluti…
Tim Noel appointed new CEO of UnitedHealthcare
UnitedHealth Group has named Tim Noel the newest chief executive officer of its insurance business, UnitedHealthcare, with Noel filling the vacancy left by former CEO Brian Thompson, who was fatally shot in New York City in December.
Tim Noel appointed new CEO of UnitedHealthcare
UnitedHealth Group has named Tim Noel the newest chief executive officer of its insurance business, UnitedHealthcare, with Noel filling the vacancy left by former CEO Brian Thompson, who was fatally shot in New York City in December.
Credit downgrades outpaced upgrades for nonprofit hospitals
Once again, more nonprofit hospitals experienced credit downgrades than upgrades in 2024, though the difference between the two is not as great as it has been in previous years, according to a new analysis.
University of California Health saving $15 million through pooled surgery data
The five medical centers overseen by the University of California have collected more than a decade’s worth of surgical data, allowing it to streamline care and improve financial margins, saving $15 million so far in a collective known as the Universit…
Elevance pulls in $418 million in Q4 profit
Elevance Health saw $418 million in profit during the fourth quarter, down 51% from the $856 million in profit it hauled in at the end of 2023, company officials said during an earnings call this morning.
Revenue was up year-over-year, hitting $45 bill…
Aspirus embarks on $227 million hospital expansion
Aspirus Health in Wausau, Wisconsin is expanding one of its hospitals to the tune of about $227 million, with Aspirus Wausau Hospital earmarked for renovation as critical care needs grow in the region, the health system said.
DOJ sues Walgreens for dispensing alleged illegal prescriptions
The Department of Justice has filed a lawsuit against Walgreens Boots Alliance and its subsidiaries for allegedly dispensing millions of unlawful prescriptions in violation of the Controlled Substances Act.
According to the lawsuit, Walgreens then soug…
New York putting $188 million toward cancer center
New York State is investing in seven hospitals and healthcare partnerships, with preliminary approval part of the Healthcare Safety Net Transformation Program. This includes a $188 million investment in Jamaica Hospital and Memorial Sloan Kettering to …
Sutter Health makes $1 billion AI deal with GE
California-based Sutter Health is entering into a seven-year partnership with GE Healthcare designed to integrate artificial intelligence technology into its health system operations, the organizations said this week.
