AdventHealth is putting more than $1 billion into its Orlando campus, with the funds earmarked for construction of a new 14-story patient tower as well as expanded services.
Category: Healthcare Finance News
HIMSSCast: Scaling integration for pediatric care
Danish Qureshi created his third startup, Zarminali Pediatrics, using $40 million in seed funding led by General Catalyst.
But the CEO had more personal reasons for creating the Chicago-based pediatrics company that has since expanded to four states wi…
RFK Jr. faces criticism, protest over $715B in Medicaid cuts
Robert F. Kennedy Jr. faced pushback on the Health and Human Services budget during two congressional hearings on Wednesday and protest during one that reportedly resulted in the arrest of Ben and Jerry’s cofounder Ben Cohen.
Bills seek to tighten oversight of private equity hospital deals
Two Pennsylvania Democratic lawmakers, State Senator Tim Kearney, D-Pa, and State Representative Lisa Borowski D-Pa, have reintroduced companion bills to strengthen oversight of healthcare mergers and acquisitions in Pennsylvania.
UnitedHealth Group reportedly under investigation for criminal Medicare Advantage fraud
UnitedHealth Group is under investigation by the U.S. Department of Justice for alleged criminal healthcare fraud, according to The Wall Street Journal, citing anonymous sources familiar with the investigation.
$715B Medicaid cut passes House committee in reconciliation bill
The House Committee on Energy and Commerce on Wednesday passed the budget reconciliation text by a vote of 30 to 24.
The committee approved the bill following a marathon 26-hour markup. The resolution will now go to the full House.
The House Budget Com…
Bill setting minimum nurse-to-patient ratios reintroduced
U.S. Senator Sherrod Brown (D-Oh) and Representative Jan Schakowsky (D-Il.), co-chair of the House Democratic Caucus Task Force on Aging and Families, have reintroduced a bill that would create minimum nurse-to-patient staffing ratios across the nation…
Northwell Health awards $1.3 million for employee-led healthcare innovations
Three employee-led projects at Northwell Health, one of New York’s largest health systems, have been awarded a total of $1.3 million as part of the system’s 2025 Innovation Challenge, with the funding going to support scientific advancement in healthcare.
CMS closing loophole it says states exploit to benefit illegal immigrants
The Centers for Medicare and Medicaid Services has issued a proposed rule to close a Medicaid tax loophole it said is exploited by some states to benefit illegal immigrants.
States inflate the federal payments and use the money to free up funds for non…
Michael Dowling stepping down as president and CEO of Northwell Health after 23 years
After leading Northwell Health for close to a quarter of a century, Michael Dowling is stepping down as president and CEO, effective October 1.
Dowling will transition to the role of CEO emeritus of New York’s largest nonprofit health system.
