Category: ROOT

Providence reports $1.7B operating loss in 2022

Renton, Wash.-based Providence, a 51-hospital system, has reported a $1.7 billion operating loss for fiscal 2022 amid labor and inflationary pressures as well as delayed reimbursements. Investment losses also further dragged the system’s performance do…

With Signify and Oak Street, CVS has 'premier' assets to support value-based care, CEO says

With its deals totaling more than $18 billion for Oak Street Health and Signify Health, CVS is positioning itself to serve Medicare Advantage patients and the coming shift to value-based care, CEO Karen Lynch said in a March 8 Fortune podcast.

With Signify and Oak Street, CVS has 'premier' assets to support value-based care, CEO says

With its deals totaling more than $18 billion for Oak Street Health and Signify Health, CVS is positioning itself to serve Medicare Advantage patients and the coming shift to value-based care, CEO Karen Lynch said in a March 8 Fortune podcast.

Former CEO sues Missouri hospital for slander

Randall Tobler, MD, the former CEO of Memphis, Mo.-based Scotland County Hospital, sued the hospital over slander and defamation allegations, according to a March 9 report from KTVO News.

Texas hospital price transparency rule poses strict penalties for violators

Under a new rule in Texas, large hospitals risk accumulating nearly $500,000 in fines after 31 days of price transparency violations, The Texan reported March 6. 

Press Ganey, ANCC partner on 2 nursing awards

Press Ganey is partnering with the American Nurses Credentialing Center to sponsor two new nursing awards that recognize nursing teams that champion patient experience.

Why a shuttered California hospital is 'just the tip of the iceberg' 

There’s been plenty of headlines on the financial pressures leading to Madera (Calif.) Community Hospital’s closure and the domino effect it’s had on the surrounding region in the state’s Central Valley. But the story of what’s unfolding in Madera Coun…

Giannis Antetokounmpo launches new telehealth treatment campaign

The Charles Antetokounmpo Family Foundation, a foundation created by Milwaukee Bucks star Giannis Antetokounmpo and his family, is partnering with telehealth company Antidote Health to provide free mental health telehealth services to Milwaukee residen…

Travel nurses more willing to explore permanent employment, small survey finds

As travel nurses seek flexibility and work-life balance, they are more open to permanent employment in 2023 than in previous years, according to a report from Vivian Health, a national healthcare hiring marketplace.    

Tenet Health Central Coast names chief strategy officer

Shannon Downing was promoted to chief strategy officer for Tenet Health Central Coast, part of Dallas-based Tenet Healthcare.