Category: ROOT

Optum Health's revenue up 31.6% to $71.1B in 2022

Optum Health reported big financial gains last year and drove a 17 percent increase in Optum’s overall revenue.

Physician specialty preferences are shifting: 5 that grew, fell most

Sports medicine as a specialty grew significantly from 2016 to 2021, while pulmonary disease fell most, according to the Association of American Medical College’s “2022 Physician Specialty Data Report.”

GE HealthCare eyes first acquisition since spinoff

The newly spun-off GE HealthCare entered into an agreement to acquire IMACTIS, a developer of CT interventional guidance technology.

Most expensive EHR installs

Implementing a new EHR can generate big time costs for hospitals and health systems, with some spending hundreds of millions to even more than a billion dollars on rollouts.

CDC names Dr. Nirav Shah principal deputy director  

Nirav Shah, MD, is leaving his position as the director of the Maine Center for Disease Control and Prevention to take on a new role as the principal deputy director of the U.S. CDC. 

Healthcare bankruptcies accelerate in 2022, but hospitals an exception for now

Large bankruptcy filings in the healthcare sector increased 84 percent in 2022 over the previous year, but the hospital sector managed to escape relatively unharmed, according to a Jan. 12 report from restructuring firm Gibbins Advisors.

Ascension suspends elective surgeries at Milwaukee hospital

Ascension Columbia St. Mary’s Hospital in Milwaukee is postponing nonurgent surgeries for 30 days, according to a staff memo obtained by the Milwaukee Journal Sentinel.

Jefferson Health reorganizing, executive job cuts coming

Philadelphia-based Jefferson Health plans to go from five divisions to three in an effort to flatten management and become more efficient, The Philadelphia Inquirer reported Jan. 12.

HCA names CEO of Nashville hospital after leader exits for urgent care chain

Mark Miller was named CEO of HCA Healthcare’s TriStar Skyline Medical Center in Nashville, Tenn., according to a Jan. 9 hospital Facebook post.

$3M loan gives Hazel Hawkins more time to fix fiscal emergency

Hollister, Calif.-based Hazel Hawkins Memorial Hospital has received a $3 million loan from the California Health Facilities Financing Authority that will extend the estimated time it will run out of funds to mid-March, CBS affiliate KION reported Jan….