Category: ROOT

Google's healthcare unit to sunset some projects, restructure leadership

Verily, the healthcare unit of parent company Alphabet, formerly known as Google, is sunsetting some of its healthcare projects and restructuring leadership after the company announced it would layoff 15 percent of its staff, CNBC reported Jan. 11.&nbs…

Hospitals must scale to thrive, but many seeking partnerships just to survive

Hospitals and health systems need to scale to thrive in today’s marketplace but with a tumultuous financial year in the rearview mirror and no immediate respite in site, many will pursue strategic partnerships as a way to stay afloat, according to a Ja…

3 recent self-disclosed fraud settlements involving hospitals

Three hospitals or health systems agreed to settle self-reported fraud claims in November and December, according to the HHS Office of Inspector General. 

Adverse events occur in 24% of admissions, study suggests

Despite decades of safety work, adverse events are still common in Massachusetts hospitals and may occur in about one-fourth of admissions, according to a study published Jan. 12 in The New England Journal of Medicine.

UPMC to raise minimum wage to $18 an hour

Pittsburgh-based UPMC has made plans to raise minimum wage to $18 per hour, more than double the minimum wage in Pennsylvania. 

UPMC to raise minimum wage to $18 an hour

Pittsburgh-based UPMC has made plans to raise minimum wage to $18 per hour, more than double the minimum wage in Pennsylvania. 

Mark Cuban's pharmacy partners with 3rd PBM

Mark Cuban Cost Plus Drugs Co. and pharmacy benefit manager RxPreferred Benefits partnered to bring Mr. Cuban’s online pharmacy to employers and their members part of the PBM, the two companies said Jan. 11. 

PE firm Alpine Investors partners with revenue cycle management company

Private equity firm Alpine Investors has invested in Medusind, a revenue cycle management company. 

4 companies Memorial Hermann is investing in

Houston-based Memorial Hermann is one of the largest health systems in the country and recently has made some serious investments through its venture capital arm. 

ANA president: New York City nursing strike 'indicative of systemic breakdown'

An ongoing strike by about 7,000 nurses in New York City is indicative of issues that have long plagued hospitals across the U.S. — like staffing levels and employee safety, said Jennifer Mensik Kennedy, PhD, RN, the new president of the American Nurse…