Category: ROOT

From private equity to bankruptcy: Envision's last 5 years

Nashville, Tenn.-based Envision Healthcare, a physician services company and ambulatory surgery center operator, has filed for bankruptcy almost five years after a private equity firm acquired it for $9.9 billion and took the company private.

Children's Hospital of Philadelphia receives millions to advance pediatric heart valve research

Children’s Hospital of Philadelphia has received a multimillion dollar gift from the Topolewski family to advance pediatric heart valve research through the Topolewski Pediatric Heart Valve Center and establish an endowed chair in pediatric cardiology.

Gun violence emerges as top public health concern

Gun violence has surpassed the opioid epidemic as the nation’s top public health concern, according to an Axios-Ipsos poll released May 18. 

Hospital revenues continue to fall due to increasing payer delays, denials

Commercial payers’ failure to reimburse providers in a timely manner is “directly impacting hospitals’ financial performance,” according to a report from public accounting, consulting and technology firm Crowe.

Oracle cuts 3K jobs at Cerner: Report

Oracle has reportedly cut 3,000 jobs from Cerner, with layoffs hitting sectors such as marketing, engineering, accounting, legal and product, Business Today reported May 18.

Catalyst by Wellstar launches $100M digital health fund

Marietta, Ga.-based Wellstar Health System has launched a $100 million venture fund that will back digital health and other innovation-focused startups.

Epic adds AI assistant to EHRs

Artificial intelligence voice assistant company Suki has integrated with EHR vendor Epic Systems, allowing customers to use its ambient note-generating capabilities.

U of Iowa Health eyes consultant to assist with possible M&A

Iowa City-based University of Iowa Hospitals and Clinics wants to engage consultants to help the system assess the “fair market valuation” of a “wide range of health care settings and assets,” according to a May 17 The Gazette report.

FTC expands PBM probe

The Federal Trade Commission is widening its inquiry into the pharmacy benefit manager industry to include two group purchasing organizations that negotiate drug rebates on behalf of PBMs. 

Tampa General Hospital names senior VP, chief nursing officer

Wendi Goodson-Celerin, DNP, APRN, has been selected to serve as senior vice president and chief nursing officer at Tampa (Fla.) General Hospital.