Category: ROOT

Advocate Aurora posts $310M Q3 loss: 5 details

Milwaukee and Downers Grove, Ill.-based Advocate Aurora Health reported a multimillion-dollar net loss but stable credit financial outlook Nov. 15 as the system looks to merge with Charlotte, N.C.-based Atrium Health.

15 hospital CEOs exiting their roles

The following CEOs have announced plans to step down or retire since Sept. 13. 

Is Epic’s dominance good for healthcare?

Epic is the biggest name in health IT and, by all accounts, only getting bigger.

Mark Cuban’s next goals: Enter brand-name drugs market, accept insurance

As the team of 33 at Mark Cuban Cost Plus Drug Co. works to serve its 1.3 million customers, Mr. Cuban told Time his planned next steps for the company that looks to disrupt the $1.4 trillion pharmaceutical industry. 

Lake Charles Memorial Health System reports cyberattack

Lake Charles Memorial Health System is notifying patients that unauthorized activity on its computer systems has resulted in patient information being compromised, KPLC News reported Nov. 16.  

Ohio medical campus transitions to outpatient care, names new leadership

New leadership is in place as Cleveland-based St. Vincent Charity Medical Center transitions into an ambulatory health services provider and rebrands as St. Vincent Charity Community Health Campus. 

‘We are independent, but we are not isolated:’ CEO says Idaho hospital not for sale

Kootenai Health in Coeur d’Alene, Idaho, has squashed rumors that another entity is planning to buy the hospital, the Coeur d’Alene/Post Falls Press reported Nov. 16. 

Centura offers $30K bonus in attempt to bring in nurses

Centennial, Colo.-based Centura Health is offering $30,000 signing bonuses for night shift nurses in an attempt to attract more prospective workers, the Gazette reported Nov. 16.

Boston Children’s hospital receives another bomb threat

Boston Children’s Hospital received another bomb threat Nov. 16, which led to some of the building being evacuated, Mass Live reported.

Why healthcare mergers and acquisitions are a cybersecurity risk

As Chicago-based CommonSpirit Health, formed by the merger of Dignity Health and Catholic Health Initiatives in 2019, dealt with a weeks-long fallout from a ransomware attack, health system CIOs and chief information security officers say these large a…