Category: ROOT

4 healthcare disruptor deals of 2023

Healthcare disruptors such as Amazon, CVS Health and VillageMD are spending billions to increase their presence in the healthcare space through mergers and acquisitions. 

Hospitals, health systems undergoing rebranding efforts

These hospitals and health systems that have announced name changes or other rebranding efforts since April 25:

Gastrointestinal Endoscopy names associate editor

Thiruvengadam Muniraj, MD, has been named associate editor of the Gastrointestinal Endoscopy, the official journal of the American Society of Gastrointestinal Endoscopy.

Sentara Healthcare changes name

Norfolk, Va.-based Sentara Healthcare officially changed its name to Sentara Health on May 4.

COVID-19 lowers to a whisper as some hospitals report zero cases

COVID-19 cases and hospitalizations are nearing a new low after various variants caused spikes and dips, data shows, and some hospitals say they have zero cases. 

The Joint Commission opens Health Care Equity Certification resource center

In advance of launching its Health Care Equity Certification on July 1, The Joint Commission rolled out an online resource center to assist healthcare systems in earning the certification.

Amwell reports $389M in losses for Q1

Telehealth company Amwell has reported $389.5 million in losses, with an impairment charge contributing to the majority of that total, according to the company’s first-quarter earnings posted May 3.

15 healthcare mergers and acquisitions making headlines in April

Here are 15 major hospital and healthcare merger and acquisition-related transactions from April:

R1 RCM revenues hit $545M in Q1

R1 RCM posted revenues of $545.6 million the first quarter of 2023, up $159.9 million — 41.5 percent — over the same period last year, according to its financial report released May 4. 

California hospital launches corrective plan after 'immediate jeopardy' warning

Four preventable pediatric patient deaths spurred a CMS investigation and corrective action plan at the pediatric intensive care unit at John Muir Health’s Walnut Creek (Calif.) Medical Center, the San Francisco Chronicle reported May 4.