Category: ROOT

Prime Healthcare rating affirmed at 'B-' after recent downgrade

Ontario, Calif.-based Prime Healthcare has had its credit rating affirmed at “B-” amid expectations that its operating outlook will improve in 2023, S&P Global said.

Construction begins on 1st medical school in Charlotte, N.C.

Charlotte, N.C.-based Atrium Health has partnered with Wake Forest University to break ground on the first medical school in the city of Charlotte, according to a Jan. 17 report from NPR affiliate WFAE.

Geisinger taps new anesthesiology chair

Danville, Pa.-based Geisinger has appointed Matthew Desciak, MD, as its chair of anesthesiology systemwide.

When it comes to drugs and TV ads, there is reason for skepticism: study

About 73 percent of the drugs advertised on television have “low therapeutic value” as compared with existing, efficacious medications, according to a study published Jan. 13 in JAMA Open Network.

AI, chatbots, data monetization: Most disruptive health tech trends of '23

Health IT deals are expected to be in line with prepandemic levels in 2023, with an increase in activity for middle-market companies in the $200 million to $1 billion range, according to a report from professional services group KPMG.

Study: FastMRIs developed by NYU Langone Health, Meta can increase access, reduce wait times

Artificial intelligence can reconstruct rapid MRIs into higher-quality images than traditional scans, according to a Jan. 17 Radiology study that came out of a partnership between New York City-based NYU Langone Health and Facebook parent company Meta.

ASC market could still see growth despite ongoing staffing issues

Staffing shortages remain a top priority for ASC administrators, but some healthcare leaders believe the ASC market can still thrive under the pressure.

Michigan woman convicted in $65M pharmaceutical 'coupon' case

A federal jury convicted a 23-year-old Michigan woman for committing fraud in a yearslong pharmaceutical “coupon” case totaling $65 million, according to the Justice Department. 

Cleveland Clinic CEO says growth is an 'ethical imperative' amid anticipated $200M loss

Cleveland Clinic expects to report a $200 million operating loss for 2022, according to President and CEO Tom Mihaljevic, MD, but the health system still has an eye on growth for the future and expanding access to patient care.

9 health systems outsourcing RCM functions

Becker’s has reported on nine health systems that have opted to outsource finance jobs or other revenue cycle functions since July 14: