Category: ROOT

Ascension to shift investment focus to outpatient facilities to meet ongoing trend

St. Louis-based Ascension will focus some of its future investment in outpatient services, reflecting a nationwide trend in a shift from inpatient care.

7 healthcare layoffs for ASC leaders to know

From a major orthopedic player’s layoff to healthcare layoffs at Amazon, here are seven major healthcare layoffs in the last year for ASC leaders to know. 

Tenet Health Central Coast taps new hospital chief nursing officer

Tenet Health Central Coast, a division of Dallas-based Tenet Healthcare, has appointed Aaron Thorne, BSN, RN, as the new chief nursing officer for its Sierra Vista Regional Medical Center in San Luis Obispo, Calif.

3 nurse CEOs on combating assumptions, getting ahead of skill gaps

CEOs of hospitals and health systems with a background in bedside nursing appear to be few and far between, making the advice from nurses at the helm of hospitals even more valuable to aspiring nurse CEOs. 

CommonSpirit vs. Ascension vs. Trinity: How the 3 largest nonprofit systems' finances compare

The three largest nonprofit health systems, CommonSpirit Health (140 hospitals), Ascension (139 hospitals) and Trinity Health (88 hospitals), reported operating losses and margins in the red for the six months ending Dec. 31, but experienced slight imp…

Nurse practitioners working independently in EDs increase costs, hospitalizations: Study

Nurse practitioners delivering emergency care without physician supervision at the Veterans Health Administration increase patient stay time by 11 percent and raise preventable hospitalizations by 20 percent, according to a March 10 report from the Ame…

Ochsner Lafayette General's $16M VC fund: 5 things to know

Ochsner Lafayette (La.) General has a venture capital arm that supports emerging companies focused on data and deep learning, patient experience, value-based care and automating back-office functions.

Labor board files complaint against UPMC after nurse's termination

On March 3, the Region 6 office of the National Labor Relations Board filed a complaint against Pittsburgh-based UPMC and one of its subsidiaries, UPMC Altoona (Pa.), over allegations related to the termination of an agency nurse.

Precision Lenses to pay $43M for alleged anti-kickback law violations

The Cameron-Ehlen Group, an ophthalmological distributor doing business as Precision Lenses, has been ordered by a Minnesota jury to pay $43 million for allegedly violating anti-kickback laws, according to a March 9 report from JD Supra.

Silicon Valley Bank, which backed digital health companies, collapses

Silicon Valley Bank, which partnered with nearly half of the venture-backed tech and healthcare companies, collapsed March 10, CNN reported.