Hershey, Pa.-based Penn State Health recent operating losses continued to cascade, reporting a $125.6 million such loss in the period ending March 31 on revenue of $2.8 billion.
Category: ROOT
$185M in savings identified at Marshfield Clinic; job cuts may also be involved in recovery
Marshfield (Wis.) Clinic Health System failed to meet its debt service obligations for the fiscal year ending Dec. 31 and was required to hire a consultant to recommend improvements as a result.
UnitedHealthcare vs. Aetna vs. Centene: 10 key comparisons to know in 2023
UnitedHealthcare, Aetna and Centene are three of the largest healthcare payers in the U.S.
Banner Health names CFO
Phoenix-based Banner Health named Staci Dickerson CFO and executive vice president.
Drugmakers delay cisplatin resupply dates for 4th time
An ongoing shortage of cancer drug cisplatin just got longer.
Why this vascular procedure could be cause for concern
CMS may have inadvertently made a common vascular procedure susceptible to abuse when it tried to make the procedure more affordable for hospitals and physicians — leading some to make millions, ProPublica reported May 24.
States ranked by healthcare as percent of overall employment for 2023
West Virginia employs the highest percentage of individuals in healthcare compared to its total workforce, according to new data from the Kaiser Family Foundation. The state also topped the list in 2022.
Physician found not guilty of manslaughter in patient's fatal overdose
A former physician at Rochester (N.Y.) Regional Health has been found not guilty of manslaughter in a case involving a patient’s fatal overdose, the Rochester Beacon reported May 26.
Physician specialists who take on the most side gigs
Internal medicine specialists take on the most side gigs outside of their primary work position, while plastic surgeons take on the fewest, according to 2023 physician compensation reports from Medscape based on survey data from more than 10,000 physic…
Texas post-acute facility closes, lays off 48
Nederland, Texas-based post-acute facility Mid Jefferson Extended Care Hospital closed and the 48 full-time clinical and non-clinical staff have been laid off, Fox affiliate KFDM reported May 26.
