San Antonio-based Methodist Healthcare inked an agreement to buy Hill Country Memorial in Fredericksburg, Texas, the San Antonio Business Journal reported April 3.
Category: ROOT
How CVS is using mergers, acquisitions to enhance its healthcare offerings
CVS Health is expanding in the healthcare industry through mergers and acquisitions, giving the company access to more brick and mortar clinics and thousands of clinicians.
St. Luke's charged some unvaccinated employees more for insurance, lawsuit claims
Bethlehem, Pa.-based St. Luke’s University Health Network is facing a proposed class-action lawsuit that accuses the system of charging some unvaccinated employees more for health insurance, lehighvalleylive.com reported March 31.
Nonprofit hospitals that pay board members linked to less charity care
Nonprofit hospitals that pay their board members are associated with providing less charity care than hospitals that do not compensate their trustees, according to a study published April 3 in Health Affairs.
FDA stops cancer drug trial after two patient deaths
The FDA handed Gossamer Bio, a biotech company, a partial clinical hold after two patients died in its BTK inhibitor trial, EndPoints News reported April 3.
Sanford, Fairview delay merger again
Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health Services are again delaying their proposed merger, which would create a health system with more than 50 hospitals and 78,000 employees if approved, the Star Tribune reported A…
6 health systems with credit rating upgrades
Here are six health systems that had their credit rating upgraded by Fitch Ratings, Moody’s Investors Service or S&P Global Ratings in 2023:
West Virginia hospital patient data leaked by ransomware group: Report
A ransomware group leaked patient and employee data from a West Virginia hospital after the organization didn’t meet its demands for ransom, DataBreaches.net reported.
Mark Cuban's online pharmacy partners with Zócalo Health
Mark Cuban Cost Plus Drug Co. will collaborate with Zócalo Health, a healthcare company that focuses on Latino patients, according to a news release shared with Becker’s.
2 dead, 1 hospitalized after medical helicopter crash
Two people were killed and one was hospitalized after a medical helicopter crash April 2 in Chelsea, Ala., NBC affiliate WVTM reported.
