Category: ROOT

Marshfield's Cerner install led to revenue cycle issues, ratings downgrade

Marshfield (Wis.) Clinic Health System’s IT standardization efforts over the last few years disrupted operations and were a contributing factor in Fitch’s decision to issue a ratings downgrade from an “A-” to “BBB+” rating.

'Patients are going to die': Hospital access meltdown in Central California leaves officials in search of solutions

It has been nearly three weeks since Madera (Calif.) Community Hospital began to shut down services, and residents and nearby hospitals are feeling the effects. Local, state and federal officials have proposed a number of potential moves to keep the ci…

Tenet CFO to retire

Daniel Cancelmi, executive vice president and CFO of Dallas-based Tenet Healthcare, will retire at the end of 2023, according to a Jan. 19 news release. 

USPI CEO, president to retire 

Brett Brodnax, president and CEO of United Surgical Partners International, will retire at the end of 2023. 

Hybrid immunity offers one year of protection against COVID-19 recurrence: Study

Hybrid immunity, the combination of COVID-19 recovery and immunization, provides up to 12 months of protection against severe reinfection or hospitalization, according to a study published in The Lancet on Jan. 18. 

Band-Aid solutions won't bring nurses back to the bedside, Duke Health's Dr. Richard Shannon says

Hospitals have leaned on wage increases and contract workers as short-term solutions to the nation’s nursing shortage, but these actions fail to address many of the issues that are spurring nurses to leave the bedside for roles with better hours and le…

New York City public-sector nurses rally after strike at private hospitals

Members of the New York State Nurses Association, who work at public healthcare facilities in New York City, rallied Jan. 18 for a new contract.

Tenet expects to beat midpoint of latest 2022 outlook

Dallas-based Tenet Healthcare said Jan. 19 it expects to beat the midpoint of its 2022 adjusted EBITDA outlook range included in its third quarter 2022 earnings report.

6-building medical office portfolio in Kansas, Missouri acquired

A six-building medical office portfolio with properties throughout Kansas and Missouri was acquired by healthcare real estate company Montecito Medical.

CEOs, CFOs don't see recession as a barrier to growth

Hospital and health system executives aim to strengthen resilience and readiness in preparation for an economic downturn, but most CEOs and CFOs do not see a recession as a barrier to growth, according to Mercer’s “2023 Executive Outlook” survey.