Category: ROOT

NewYork-Presbyterian posts 4.5% operating margin in Q3

New York City-based NewYork-Presbyterian reported an operating income of $123 million (4.5%) operating margin in the third quarter of 2024, up from an operating income of $81.8 million (3.3% margin) during the same quarter last year. 

Pharmacy access is drying up

Hundreds of pharmacies are permanently closing their doors as consumer trends change and businesses succumb to financial pressures. 

DocGo launches 'breakthrough' mobile ECG system nationwide

DocGo, a mobile medical services provider, has expanded its partnership with SHL Telemedicine to integrate its 12-lead ECG devices across its mobile healthcare network nationwide, according to Stock Titan. 

Gastro Health opens Cincinnati facility

Management group Gastro Health has opened The IR Center of Greater Cincinnati, which specializes in hemorrhoid treatment. 

Beth Israel Lahey Health reports $249M operating loss, -2.8% margin in FY 2024

Cambridge, Mass.-based Beth Israel Lahey Health reported a $138.8 million operating loss (-6.1% margin) for the three months ending Sept. 30, down from a $10.6 million operating gain (0.5% margin) during the same period last year.

Johns Hopkins Medicine inks AI deal with Abridge

Baltimore-based Johns Hopkins Medicine inked a deal Dec. 18 with Abridge to offer the company’s generative AI-powered clinical documentation across the health system.

U of Maryland Baltimore Washington Medical Center opens new cardiology facility

The University of Maryland Baltimore Washington Medical Center in Glen Burnie has opened a new cardiology and pulmonary care practice within its outpatient care center, CityBiz reported Dec. 17. 

Did shifting workforce models really help? 18 APP trends to know

At the beginning of 2024, the problem of low physician workforce numbers was top of mind among leaders and many turned to advanced practice providers to help resolve access issues.

Inside Nemours Children's $430M investment in Florida and Delaware

Nemours Children’s Health is investing $300 million in central Florida over the next four years and $130 million in Delaware in 2025.

Michigan health system appoints global ambassador

Flint, Mich.-based Insight Health System has named Dr. Maliha Hashmi, a leader in AI-driven precision care, health equity and wellness advocacy, as its first global ambassador.