Category: ROOT

Medtech innovation company launches with $300M to invest

Healthcare innovation firm Patient Square Capital launched medtech incubator Elevage Medical Technologies with $300 million to invest.

The Joint Commission names 3 C-suite leaders

 The Joint Commission named three people to its executive leadership team May 1, each of whom will report to the organization’s president and CEO, Jonathan Perlin, MD, PhD. 

Kohl's donates $3M to Children's Wisconsin

Retail giant Kohl’s donated $3 million to the Milwaukee-based Children’s Wisconsin for the opening of three new walk-in behavioral health clinics, the Green Bay Press Gazette reported May 1.

Arizona hospital names new chief medical officer

John Hall, MD, has been named chief medical officer of Kingman (Ariz.) Regional Medical Center, according to a May 1 press release.

How Massachusetts General is improving stroke patients' outcomes

A newly developed unit at Massachusetts General Hospital in Boston was created out of a need to treat patients following a serious neurological event like a stroke even more quickly, according to a May 1 press release.

A 'legacy of innovation': OSF HealthCare marks 10 years of $50M simulation center

Executives at Peoria, Ill-based OSF HealthCare say their $50 million medical simulation and innovation center has brought a return on investment of much more than that — and helped advance healthcare in ways that haven’t been realized yet.

CHS reports $50M negative swing on income in Q1 2023

Franklin, Tenn.-based Community Health Systems reported a net loss of $20 million in the first quarter of 2023 on operating revenues of $3.1 billion.

Michigan Tech takes over closing school's nursing program

A teach-out plan brought on by a March announcement of the pending closure of Finlandia University —  a private institution in Hancock, Mich. — will soon send its nursing students eight minutes down the road to Michigan Technological University in…

HCA to sell senior notes

Nashville, Tenn.-based HCA Healthcare’s subsidiary, HCA , announced its intention to offer senior notes.

Shuttered Texas hospital owes $4.5M in unpaid resident pay, university alleges

The University of the Incarnate Word alleges that Dallas-based Steward Health Care Systems failed to pay $4.5 million in unpaid salaries to residents completing training at Texas Vista Medical Center, which closed May 1, according to the San Antonio Cu…