Category: ROOT

5 health systems seeking revenue cycle vice presidents

Five health systems recently posted job listings seeking revenue cycle vice presidents. 

CEO of St. Peter's Health Partners to retire Dec. 31

James Reed, MD, president and CEO of Albany, N.Y.-based St. Peter’s Health Partners and Syracuse, N.Y.-based St. Joseph’s Health, will retire December 31.

Surgeons invest $4M for ownership stake in New York ASC

Surgeons have invested $4 million for 50 percent ownership in an Amherst, N.Y.-based ASC, Buffalo Business First reported Dec. 21.

Paxlovid worth 80% less, healthcare market research group says

As drugmakers prepare for the government to stop paying for their COVID-19 treatments, the value of Pfizer’s popular COVID-19 drug Paxlovid has decreased by more than 80 percent, according to the Institute for Clinical and Economic Review. 

Healthcare companies face wall of maturing debt amid cash shortage

Not only do healthcare companies, including hospital groups, face sustained challenges related to labor shortages and inflation into 2023, they are up against a wall of maturing debt looming large in 2024 and 2025, analysts at Moody’s said.

2 Cleveland Clinic hospitals to merge urgent care centers

Cleveland Clinic Mercy Hospital and Cleveland Clinic Union Hospital in Dover, Ohio, plan to merge their urgent care centers in Tuscarawas County in the spring, according to the Times Reporter.

Joint Commission freezes accreditation fees

The Joint Commission will not raise accreditation fees for hospitals in 2023, the accrediting body told Becker’s Dec. 21. 

Physician who allegedly participated in Jan. 6 Capitol riot no longer works at Boston hospital

A physician and former employee of Boston-based Brigham and Women’s Faulkner Hospital, who was charged in connection with the Jan. 6, 2021, attack on the U.S. Capitol, no longer works at the organization, the hospital confirmed to Becker’s.

Citing Medicaid misery, 25 governors push for PHE's end in April

In a letter sent to President Joe Biden this week, 25 governors ask for the end of the COVID-19 public health emergency in April. 

7 recent hospital rebrands

Seven hospitals and health systems have announced name changes or other rebranding efforts since Nov. 20: