Category: ROOT

Healthcare private equity deals down in '22: 6 things to know

Private equity healthcare deals were down in 2022 but still had their second-biggest year on record, a Jan. 10 report from Bain & Co. shows.

8 healthcare updates from 2023 omnibus bill

A $1.7 trillion 2023 omnibus bill was signed by President Joe Biden just before the new year. While the bill failed to stop scheduled 2 percent Medicare pay cuts, it added and extended other provisions for healthcare providers, according to a Jan. 11 r…

20 hospitals with highest contract labor expenses

The average contract labor spend among hospitals more than doubled between 2011 and 2020, with many hospitals and health systems now making concerted efforts to curb this expense category. 

8 recent hospital, health system COO moves

Here are eight hospital and health system COO moves that have been reported by Becker’s since Dec. 1:

Organ transplants hit record high in 2022: 3 notes

A record 42,887 organ transplants were performed in the U.S. last year, up 3.7 percent from 2021, according to preliminary data the United Network for Organ Sharing shared Jan. 10. 

MaineHealth nurse retires after 40 years

After 40 years of service, a nurse at Pen Bay Medical Center, part of Portland-based MaineHealth, retired Jan. 6, the Courier-Gazette reported. 

Tenet to sell California hospital

John Muir Health has entered into a definitive agreement with Tenet Healthcare to acquire sole ownership of San Ramon (Calif.) Regional Medical Center. 

Alphabet healthcare unit lays off 15% of staff

Verily, the healthcare unit of parent company Alphabet, is cutting more than 200 jobs, or about 15 percent of its staff, The Wall Street Journal first reported Jan. 11.

Ardent Health launches innovation studio

Nashville, Tenn.-based Ardent Health Services partnered with SwitchPoint Ventures to launch an innovation studio focused on healthcare delivery and administration.

Northwell rolls out AI chatbot for pregnant patients

New Hyde Park, N.Y.-based Northwell Health has rolled out Northwell Health Pregnancy Chats, an artificial intelligence-powered chatbot designed to provide medical advice to pregnant patients.