Most CEOs in the U.S. are expecting a recession — but they aren’t bracing too tightly, a survey reported by The Wall Street Journal suggests.
Category: ROOT
Expenses drag down returns for Baptist Memorial
Memphis, Tenn.-based Baptist Memorial Health Care, one of the larger healthcare systems in the U.S., reported an audited net loss of $275.4 million for fiscal 2022 as it struggled with higher expenses and losses on its investment portfolio. The loss co…
Health system to pay patients $4K each for data breach
Gallup, N.M.-based Rehoboth McKinley Christian Health Care Services has agreed to pay victims of a 2021 data breach up to $4,000 each, according to a recent federal court filing.
2022 below annual average of novel drug approvals: 5 report notes
The FDA approved 37 novel drugs in 2022 — the third lowest number since 2013 — according to a Jan. 10 agency report.
Not all doom and gloom? Stanford reports revenue outpacing expenses
It’s been a familiar story in recent months of healthcare systems seeing their expenses far outpace their revenues.
Optum in the headlines: 4 recent moves
Optum has recently made headlines as it inked two hospital partnerships in a matter of days, gaining more than 1,400 employees.
Healthcare sector sees largest increase in cyberattacks in 2022
Global cyberattacks increased by 38 percent in 2022 compared to 2021, with the healthcare sector seeing the largest increase in attacks, according to a new report from Check Point Research.
Microsoft, Paige to apply AI to digital pathology images
Microsoft has partnered with Paige to apply artificial intelligence to digital pathology images to develop and deliver new clinical applications and computational biomarkers with the aim of transforming cancer diagnosis and patient care.
11 recent chief medical, nursing officer moves
Eleven recent chief medical and nursing officer moves Becker’s has covered since Jan. 5:
West Health, Sharp Memorial Hospital to create model of excellence for elderly care
West Health and Sharp Memorial Hospital, both based in San Diego, are partnering to create a model of excellence for older adults across the entire healthcare continuum.
