Category: ROOT

8 health systems with strong finances

Here are eight health systems with strong operational metrics and solid financial positions, according to reports from credit rating agencies Fitch Ratings and Moody’s Investors Service.

FDA seeks data from at-home COVID-19 tests

The FDA is encouraging people to anonymously report the results of at-home COVID-19 tests to help public health officials better track virus trends.

DOJ pulls 3 healthcare policy statements

The Justice Department withdrew three antitrust policy statements pertaining to healthcare issued between 1993 and 2011, deeming the positions “outdated,” according to a Feb. 3 agency news release.  

McLeod Health reports quarterly operating loss but overall profit

Florence, S.C.-based McLeod Health reported an operating loss in its latest quarter of approximately $16.5 million, but improved non-operating items such as investments helped boost overall performance.

Dr. Kris Hanby completes 1st robotic knee replacement at Arkansas ASC

C. Kris Hanby, MD, on Jan. 19 performed the first robot-assisted total knee replacement in northern Arkansas.

One hospital CEO's secret to keeping staff turnover under 1 percent since 2020

Culture is king, so much so that some problems plaguing the industry can be largely mitigated when your staff creates and embodies a particular culture.

Northwell's nurse turnover rate is nearly half the national average: Chief nurse Maureen White on how they did it

While hospitals throughout the U.S. are struggling with both attracting qualified nurses and keeping them in place and happy once employed, Northwell Health is seeing nursing turnover statistics far below the national average. 

CVS Health zeroing in on $10.5M deal for Oak Street Health

CVS Health is nearing a deal to purchase Chicago-based Oak Street Health, a primary care network with more than 160 clinics in 21 states, according to The Wall Street Journal.

Labcorp to pay whistleblowers $19M to settle kickback, false claims lawsuit

Labcorp is settling a $19 million kickback and false claims lawsuit brought by two whistleblowers, according to a news release shared with Becker’s.

HCA CFO sells $8M of stock

Bill Rutherford, the CFO of Nashville, Tenn.-based HCA Healthcare, sold 30,000 shares of company stock at $258.19 per share to net himself $7,745,700, according to a Feb. 3 U.S. Securities and Exchange Commission filing.