Tom Gregorio has been named senior vice president and CIO of Providence, R.I.-based Care New England, Warwick (R.I.) Post reported June 5.
Category: ROOT
GE sells $2B worth of shares of GE HealthCare
General Electric is offering 25 million shares of GE HealthCare stock, valued at around $2 billion, Benzinga reported June 6.
Hospitals will be 'rare exception': What healthcare will look like in 100 years
Healthcare is advancing more swiftly by the year with new technologies, treatment options and artificial intelligence models hitting hospitals across the world.
FDA acknowledges tourniquet shortage, suggests conserving supply
The FDA confirmed localized tourniquet shortages June 5 and recommended healthcare facilities ration supply, use alternative products and reuse sterilized devices.
University of Vermont Medical Center increases credit line to $50M
Burlington-based University of Vermont Medical Center has taken out new terms on an existing credit line, boosting the amount of money it can use with the facility from $20 million to $50 million, according to a June 6 filing.
IU Health assigned 'Aa2' rating on $725M of new debt
Indianapolis-based IU Health saw robust ratings on both existing debt and proposed debt affirmed or assigned as the system edges back to higher levels of operating performance, Moody’s said May 30.
29 health systems ranked by operating margins
The median year-to-date operating margin index for hospitals improved slightly in April to 0 percent. While recent reports show signs of improving margins, they remain far below historical norms, and inflation and workforce expenses continue to challen…
As nonprofit hospitals' cash reserves grew, charity care spending fell
While the cash reserves of hospitals grew between 2012 and 2019, spending on charity care decreased among nonprofit hospitals and increased among for-profit hospitals, according to a study published in Health Affairs.
Nationwide Children's names new CFO
Columbus, Ohio-based Nationwide Children’s Hospital named Nelson Weichold as its new CFO.
New York system drops vaccine mandate
Rome (N.Y.) Health is no longer requiring that workers receive the COVID-19 vaccine as a condition of employment.
