Category: Channels

Pennsylvania set to limit physician noncompetes to 1 year

Effective Jan. 1, Pennsylvania will set limits to noncompete agreements in physicians’ contracts for the first time, The Philadelphia Inquirer reported Dec. 31. 

Largest healthcare ransomware demands

Hackers targeted healthcare organizations with ransom demands ranging from $4,000 to $10 million, according to Comparitech.

Indiana hospital names interim chief nursing officer

Jenna Bedwell, MSN, RN, has been named interim chief nursing officer at Daviess Community Hospital in Washington, Ind.

2024: The year of the physician union

Union activity among physicians has skyrocketed in the last two years, according to a recent JAMA study. 

How Prisma Health boosted its operating performance in 2024

Greenville, S.C.-based Prisma Health reported an operating income of $311.3 million (4.9% operating margin) in fiscal 2024, up from an operating income of $67.1 million (1.6% margin) in fiscal 2023. 

118 CNO moves in 2024

Becker’s has reported on 118 chief nursing officer moves since the start of 2023. 

Ransomware attacks cost healthcare $21.9B in downtime

Ransomware attacks have imposed significant financial burdens on U.S. healthcare providers, with an estimated $21.9 billion lost to downtime alone since 2018, according to Comparitech.com.

6 hospitals shuttering services in December

Becker’s has reported on six hospitals or health systems shuttering services in the last month:

Drugmakers plan price hikes for 250+ medications in 2025: Reuters

Several major pharmaceutical companies, including Pfizer, Bristol Myers Squibb and Sanofi, are set to raise prices on more than 250 branded medications in the U.S. starting Jan. 1, 2025, according to a Reuter’s exclusive report. 

An uncertain era for Stark law: 12 updates in 2024

The healthcare industry is entering a transformative era as major legal and regulatory frameworks, including the Stark Law, face significant updates and reinterpretations.