Category: ROOT

LRVHealth launches $200M fund with health system backers, advisers

Venture capital firm LRVHealth launched a new $200 million fund focused on healthcare startups that provide “care anywhere.”

Tallahassee Memorial Hospital taps into emergency supplies amid cancer drug shortage

 Tallahassee (Fla.) Memorial Hospital is going through emergency supplies amid a national drug shortage to continue chemotherapy treatments for cancer patients, according to a May 15 report from WFSU. 

Gramercy Surgery Center adds automatic prior authorization tool

New York City-based Gramercy Surgery Center has added artificial intelligence platform Infinitus Systems for automating tasks including insurance verification and prior authorization. 

Louisiana hospital names CEO

Ben Richaud was named CEO of Lakeview Hospital in Covington, La., now part of New Orleans-based LCMC Health.

10 new drug supply issues

So far in May, 10 more drugs are in short supply, according to the FDA and the American Society of Health-System Pharmacists.

UMass Memorial Medical Center settles data breach suit for $1.2M

UMass Memorial Medical Center has paid $1.2 million to settle a March 2022 lawsuit regarding a data breach of its payroll management system Kronos, Telegram & Gazette reported May 16.  

Norton Healthcare hit with demands from hackers after cyber event

The FBI has stepped in to help investigate a cybersecurity event at Louisville, Ky.-based Norton Healthcare, CBS affiliate WLKY reported May 17. 

4 nonprofit systems reporting Q1 results

Another financial results season is in full swing as hospitals and health systems report their financials as of March 31. Below is a roundup of nonprofit health systems and their recently published results, some of which have not previously been report…

ASC nurse pleads guilty to involuntary manslaughter for role in botched procedure

Heather Lang Vass, RN, a nurse involved with a botched breast augmentation procedure at Divino Plastic Surgery Center in Bonita, Calif., has pleaded guilty to involuntary manslaughter, NBC San Diego reported May 16. 

California hospital weighs bankruptcy

Hollister, Calif.-based Hazel Hawkins Memorial Hospital will decide whether or not it will file a Chapter 9 bankruptcy case at the San Benito Health Care District board meeting on May 22, local news outlet KSBW reported May 16.