Historically viewed as cost centers, hospitals and health systems are increasingly identifying their pharmacy departments as “revenue engines,” according to Vizient.
Category: Becker’s Hospital Review
FDA slow to address concerns in wake of drug recalls: Report
A series of recalls from India-based company Glenmark Pharmaceuticals has raised concerns about the safety of drugs manufactured overseas and the FDA’s role in ensuring public safety, ProPublica reported Dec. 12.
New trial ordered in Temple Health's $45M malpractice case
A Philadelphia judge ordered a new trial in a $45 million malpractice case against Temple Health on Dec. 5, calling the jury’s original verdict in August “exorbitant.” The case involves a patient who suffered brain damage after aspirating food followin…
GLP-1 barriers begin to break down
Barriers to accessing GLP-1 medications are beginning to break down as drug manufacturers, insurers, and lawmakers look to expand availability, lower costs, and address continued high demand.
What 1 Florida hospital CEO learned from Southwest
Shane Bedward has served as CEO of AdventHealth Dade City (Fla.) for about a month, but his time with the hospital’s parent organization, Altamonte Springs, Fla.-based AdventHealth, spans a decade.
How a health system born 'overnight' boosted revenue by $137M
Before merging with Michigan Medicine, Lansing-based Sparrow Health System underwent a rapid transformation project that produced an additional $137 million in revenue.
UPMC Enterprises sells 3rd portfolio company
UPMC Enterprises, the innovation, commercialization and venture capital arm of Pittsburgh-based UPMC, sold its third company this year: Realyze Intelligence, an AI-powered healthcare startup, to Carta Healthcare.
New $84M California hospital gets name
Lake Almanor Community Hospital will be the name of a new hospital being built in Chester, Calif.
From consumer-centric to human-centric: Top 10 strategies for building a more human brand
In today’s rapidly evolving healthcare landscape, the push for consumer-centric strategies has dominated boardroom conversations and marketing playbooks.
15 profitable health systems in Q3
Despite rising operational costs and an evolving healthcare landscape, several health systems rebounded with strong financial performances in the third quarter.
