Category: ROOT

3-hospital system in Mississippi up for sale

Potential buyers can now submit offers for Singing River Health System, a three-hospital system with locations in Ocean Springs, Pascagoula and Gulfport, Miss., local news outlet WLOX reported Nov. 14. 

Tufts Medicine makes 6 leadership changes

Burlington, Mass.-based Tufts Medicine has made several leadership changes to its executive team and the executive teams at its hospitals, according to information shared with Becker’s on Nov. 14.

Illinois OKs Atrium, Advocate Aurora merger

The Illinois Health Facilities and Services Review Board unanimously approved a plan to change ownership for 10 Advocate Aurora facilities in the state covered by the system’s plan to merge with Charlotte, N.C.-based Atrium Health, the Chicago Tribune …

General Catalyst partners with MetroHealth, Banner Health, 7 others on digital innovation

General Catalyst is partnering with nine more hospitals and health systems as the venture capital firm aims to drive healthcare’s digital transformation.

New Renown CEO to staff: Short stints not his style

Brian Ehrling, MD, the new president and CEO of Reno, Nev.-based Renown Health, said he is excited to keep business local — both the health system’s and his own. 

State of union on virus season: Where COVID-19, flu & RSV stand

It’s still unclear how a COVID-19 surge may play out this winter, but already, many U.S. hospitals are under capacity strain from an influx of patients sick with the flu and respiratory syncytial virus. 

Amid strike plans, Kaiser offers 21.25% in wage increases

As more than 21,000 of its nurses in Northern California plan to strike for two days, Oakland, Calif.-based Kaiser Permanente said it has put an offer on the table, which includes 21.25 percent in wage increases over four years.

Michigan health systems face budgets full of red ink

Several Michigan health systems have risen from the worst of the pandemic with negative operating margins and millions in losses, the Detroit Free Press reported Nov. 14. 

Private equity’s power in healthcare continues to grow, raising concerns: KHN report

Private equity groups have invested about $1 trillion into nearly 8,000 healthcare transactions in the past decade, and some experts are pushing for more scrutiny of its increasing influence on the industry amid concern it may be causing higher medical…

U of Iowa seeks pause on $12.8M jury award to contractors for children’s hospital

Iowa City-based University of Iowa is asking a judge to put a hold on its $12.8 million jury award to a Cedar Rapids construction company, Modern Piping, The Gazette reported Nov. 14.