Category: ROOT

CMS launches campaign to support nursing home staffing rule

CMS has launched a Nursing Home Staffing Campaign to address industry-wide workforce shortage concerns as organizations attempt to stop an impending minimum nursing home staffing rule in the courts. 

Only 20% of AI devices for children used pediatric data to train: 3 notes

Just one in five devices approved by the FDA for children actually included pediatric data in their algorithms, a recent Boston Children’s study found.

What big retailers did in healthcare in 2024

In 2024, major retail healthcare players Walgreens, CVS Health, and Walmart have aggressively restructured through strategic divestments, layoffs, and the closure of underperforming assets, while pivoting toward virtual care, AI-driven efficiencies, an…

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.