Category: ROOT

MercyOne Clinton names Melissa Wood Chief operating officer, nurse executive

Melissa Wood, DNP, began her role as chief operating officer and chief nursing officer at MercyOne Clinton (Iowa) Medical Center on Jan. 30. 

Dr. Andrew Jordan to join Sanford Health clinic ophthalmology team

Andrew Jordan, MD, has joined the ophthalmology team at Sanford Health Park Rapids (Minn.) Clinic, Park Rapids Enterprise reported Feb. 1. 

Physician-owned hospital reaches 50,000th surgery

Addison, Texas-based Methodist Hospital for Surgery, a hospital formed as a joint venture between local surgeons, Dallas-based Methodist Health System and ValueHealth, has performed its 50,000th surgery since its opening in December 2010. 

Mount Nittany Medical Center downgraded on capital spending concerns

State College, Pa.-based Mount Nittany Medical Center saw its credit rating downgraded to “A+” amid concern about its capital expenditure plans, Fitch Ratings said Jan. 31.

Mayo Clinic acquires stake in digital health company Xsensio

Rochester, Minn.-based Mayo Clinic has entered into a know-how and stock purchase agreement with digital health company Xsensio to develop wearables for critical care.

Nearly 1K drug prices rose in January

So far in 2023, pharmaceutical companies have raised prices on 988 brand-name drugs for an average 5 percent wholesale acquisition cost increase, according to 46brooklyn Research, a nonprofit that tracks drug pricing data. 

New Jersey hospital 1st to receive Joint Commission perinatal care certification

Hackensack (N.J.) University Medical Center is the first in the nation to earn The Joint Commission’s Advanced Certification in Perinatal Care, which recognizes exceptional outcomes for mothers and infants. 

Ohio physician pleads guilty to writing illegal prescriptions, healthcare fraud

Jeffrey Sutton, DO, has pleaded guilty to 31 counts of illegally prescribing controlled substances, one count of illegally distributing controlled substances and 20 counts of healthcare fraud. 

City of Hope to rebrand its Cancer Treatment Centers of America locations, restructure leadership to support integration

City of Hope today announced that its subsidiary, Cancer Treatment Centers of America, will soon undergo a large-scale rebrand. This comes as a part of the next phase in the health system’s integration with CTCA, which it acquired just under one year a…

CaroMont Health reports positive income for 2nd straight year

Gastonia, N.C.-based CaroMont Health, which holds an “AA-” credit rating, reported net income of $10.3 million for the six months ended Dec. 31, 2022. That figure compared with net income of $40.4 million in the same period in 2021.