Category: ROOT

Digital health company Babylon to go private with $34.5M in funding

Digital health company Babylon plans to delist less than two years after it went public.

Cyberattacks' growing effect on patient safety

Cyberattacks are becoming a more common occurrence at U.S. hospitals, with the number doubling between 2016 and 2021. This increase is causing significant disruptions to patient care, experts told ABC News in a May 10 report. 

AI-based radiation treatments now available at one Philadelphia cancer center

Fox Chase Cancer Center in Philadelphia will now offer patients a new radiation technique known as “cone-beam computed tomography-based adaptive radiation therapy,” according to a May 10 news release.

Methodist Le Bonheur names COO

Monica Wharton was named COO and executive vice president for Memphis, Tenn.-based Methodist Le Bonheur Healthcare. 

Will independent ASCs go extinct?

ASCs around the country are facing reimbursements that are not keeping up with the rising cost of living, leading to a declining number of truly independent, physician-owned ASCs. 

Highest-paying metropolitan areas for physicians

Charlotte, N.C., is the metropolitan area in which physicians are paid the most, according to Physician Thrive’s “2023 Physician Compensation Report.”

Male physicians earned $122K more than women in 2022: Report

Male physicians earned $122,000 more on average than their female counterparts in 2022, according to Physicians Thrive’s annual physician compensation report. 

5 physician specialties with the biggest salary decreases in 2022

Cardiologists saw the biggest salary decrease in 2022, earning $527,000 on average, which was 16 percent less than the year before, according to the “2023 Physician Compensation Report” from Physicians Thrive. 

Judge triples amount Eli Lilly must pay for violating False Claims Act

A federal judge in Illinois has tripled the amount Eli Lilly must pay after a jury found the pharmaceutical company guilty of violating the False Claims Act in August 2022, according to a May 9 report from Law360.

The pros and cons of consolidation

Michael Davis, MD, surgical director and chief of urology at the University of New Mexico Health Sciences Center in Albuquerque, joined Becker’s to evaluate the benefits — and downsides — of the growing trend of consolidation in healthcare.