Category: ROOT

Fitch: No rating fallout for CommonSpirit amid cyberattack

About one week after Chicago-based CommonSpirit confirmed it was hit by a ransomware attack, Fitch Ratings said it finds the overall credit impact “minimal at this time,” according to an Oct. 18 update. 

ThedaCare plans OB-ED, hospitalist program

ThedaCare, based in Neenah, Wis., is planning an obstetrical emergency department and hospitalist program to boost women’s services in northeast and central Wisconsin.

Biopharmaceutical company touts nasal spray’s ‘topline’ phase 3 results

A nasal spray candidate for treating abnormal heart rhythm found “topline efficacy and safety” results in a phase 3 clinical trial, a Montreal-based biopharmaceutical company said Oct. 17.

Pfizer invests $35M in biotech company

Pfizer has made a $35 million investment — through its Pfizer “Breakthrough Growth Initiative” — in autoimmune disease treatment biotechnology company Anokion.

Chicago hospital resumes ambulance services after 11 years

Provident Hospital on Chicago’s South Side is set to begin accepting ambulance patients again on Oct. 19 after pausing the service back in 2011, the Chicago Sun-Times reports. 

Lifepoint Health rebrands

Brentwood, Tenn.-based Lifepoint Health has launched a new heart-shaped logo and renamed its behavioral health and rehabilitation sectors to Lifepoint Rehabilitation and Lifepoint Behavioral Health. The health system is also going with a lowercase “p” …

Mayo Clinic tops off 11-story research tower in $5.6B innovation hub

Mayo Clinic topped off a $120-million, 11-story research tower in downtown Rochester, Minn., that aims to make scientific breakthroughs for diseases such as cancer.

Viewpoint: Investments beyond travel staff needed to fix nursing shortage

Travel nursing is not a sustainable solution to the nursing shortage, Bloomberg editors argue in an Oct. 18 editorial. They propose the U.S. instead invest in education programs for foreign and domestic talent. 

Indiana health system names human resources, supply chain directors

Gary, Ind.-based Methodist Hospitals has appointed new directors of human resources and supply chain. 

Texas hospital names CEO

Encompass Health Rehabilitation Hospital of Abilene (Texas) has named Boyd Davis III its CEO.