Category: Channels

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.

California hospital to pay $10.25M for false claims, physician self-referral scheme

Oroville (Calif.) Hospital agreed to pay $10.25 million to resolve false claims allegations stemming from medically unnecessary inpatient hospital admissions, a kickback and physician self-referral scheme and erroneous diagnosis code use.

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. 

Franciscan Physician Network adds cardiologist

Mishawaka, Ind.-based Franciscan Physician Network has added Manoj Duggal, MD, to its staff.

3% operating margin won't 'keep you alive': Aspirus CEO

Matt Heywood, president and CEO of Aspirus Health, is aware of the potential economic and business challenges facing health systems. His understanding of these “adversity risks,” as he calls them, is helping shape Aspirus’ strategies.

NYU Langone expands cardiac services

New York City-based NYU Langone has expanded cardiology services at the NYU Langone Hospital—Brooklyn. Previously, NYU Langone patients living in Brooklyn were travelling to Manhattan to receive advanced cardiac care. 

MaineHealth names new CFO

Portland-based MaineHealth has named Richard Bayman its next CFO.