Category: ROOT

Baptist Memorial meeting budget targets, hires consulting group Huron

Memphis, Tenn.-based Baptist Memorial Health Care told investors it is meeting budget targets as it seeks to lower operating losses in fiscal 2023.

New York hospital swaps out 20-year-old script-filling robot

NYC Health + Hospitals’ Elmhurst location dismantled its 20-year-old prescription-filling robot and replaced it with another that can fill 120 prescriptions each hour and carry 140 products, the site’s pharmacy director, Peter Barber, PharmD, told Beck…

'Discharge gridlock' cost Minnesota hospitals $37M in 1 week

During a one-week period in December, patients eligible for transfer across 95 Minnesota hospitals received nearly 15,000 more days of care than necessary. The reason? Little to no space at nursing homes and other care facilities, the Star Tribune repo…

U of Illinois physicians reach 1st contract agreement; includes 18.5% salary increase

Nearly 800 resident physicians and fellows at the University of Illinois, Chicago, have reached their first tentative agreement with hospital administrators, according to a union news release shared with Becker’s.

Lifepoint rolls out virtual women's care clinic

Brentwood, Tenn.-based Lifepoint Health is launching virtual care options for patients experiencing menopause and perimenopause through a partnership with digital women’s health company Midi Health.

5 health companies drawing Alphabet investment

GV, the venture capital arm of Alphabet formerly known as Google Ventures, is making notable investments in the healthcare sector.

More than 1/3 of CFOs worried about paying employees on time

Nearly 40 percent of CFOs are concerned about paying their workers on time, according to a Coupa Software survey of more than 600 CFOs and finance executives from businesses with $500 million or more in revenue.

7 digital health companies facing legal action

Digital health can be a complicated industry; from data-sharing practices to false claims, digital health startups and established companies can face a slew of legal challenges.

Sanford Health reports positive operating income, establishes $200M line of credit

Sioux Falls, S.D.-based Sanford Health reported operating income of $187.9 million in 2022 even as it sustained an overall $339.2 million loss because of a decline in investment values.

LCMC, Willis-Knighton sued for allegedly using Meta's ad-tracking code to share patient data

New Orleans-based LCMC Health and Shreveport, La.-based Willis-Knighton Health System have been accused of using a tracking code in their websites that shares sensitive patient data without patients’ knowledge or consent.