Category: ROOT

10 years of private equity activity in healthcare

Private equity investors have shown a growing interest in the healthcare sector over the past decade, according to a Jan. 12 blog post from Definitive Healthcare.

St. Joseph's/Candler reports profit in fiscal 2023

Savannah, Ga.-based St. Joseph’s/Candler Health System reported net income of $9.2 million for the six months ending Dec. 31, 2022.

COVID-19 admissions fall 8% this week: 7 CDC updates

COVID-19 cases and hospitalizations fell nationwide this week, though the rate of decrease slowed compared to the week prior, according to the CDC’s COVID-19 data tracker weekly review published Feb. 3. 

3 health systems launching home-based care programs

Here are three health systems that launched or announced plans to launch a “hospital-at-home” program:

Fairview Health downgraded as operating losses likely to persist

Minneapolis-based Fairview Health has had its credit rating downgraded from “A” to “BBB+” amid concern its operating income is unlikely to improve for some time, according to a Feb. 2 S&P Global note shared with Becker’s.

Innovative champion and cardiologist Dr. Kenneth Johnson dies at 97

Kenneth Johnson, MD, a cardiologist, U.S. Navy veteran and innovative champion of bringing modern medicine to underserved areas, died Jan. 28 at 97, the Legacy reported.

CEO of 24 nursing homes charged with 12 counts of fraud, conspiracy

A Wisconsin indictment charged Kevn Breslin, CEO of Park Ridge, N.J.-based Atrium Health and Senior Living, with a scheme to defraud Medicare and Medicaid.

How social media can be a friend, not foe, to hospitals

Social media can be a valuable tool for promoting hospitals and health systems but can harm their reputations in a matter of “seconds” if used in the wrong way, human resources and marketing chiefs told Becker’s.

4 health systems facing lawsuits for data breaches

Several health systems have faced lawsuits regarding data breach incidents. 

Florida hospital takes down IT systems, diverts patients amid IT security issue

Tallahassee (Fla.) Memorial HealthCare is canceling outpatient procedures, non-emergency surgical procedures and diverting ambulances as it deals with an IT security issue.