There is no quick fix to the financial difficulties facing nonprofit hospitals and health systems, but some providers will start to break even at some point in 2023 amid revenue growth and easing expenses, Fitch Ratings said in a March 2 report.
Category: ROOT
3 healthcare AI projects Google is working on
Greg Corrado, senior research director at Google, said the company sees healthcare as one of the greatest industries where artificial intelligence could provide real value, Politico reported March 2.
Jackson Health System creates marketing fellowship program
Miami-based Jackson Health System has created its first fellowship program for healthcare marketing and communications jobs.
Financially distressed health systems offer new market growth opportunities
Financially troubled health systems will likely be at the forefront of M&A activity this year as macroeconomic conditions, payer pressures, the wind-down of the OOVID-19 public health emergency and investment losses put many hospitals and health system…
Union seeks to reopen contract talks for 78,000 healthcare workers
Citing worker burnout and other challenges, a union seeks to reopen its master contract with 90 hospitals and nursing homes in the New York City area early, Politico reported March 2.
Hospitals should prepare for a financially 'challenging' 2023, Northwell CFO says
Michele Cusack, CFO of New Hyde Park, N.Y.-based Northwell Health, recently spoke with Becker’s and offered her insights on the downward financial trends facing U.S. hospitals outlined in Kaufman Hall’s “National Flash Hospital Report.”
Nobody's happy with physician pay
It’s easy to see why physicians are unhappy with their pay.
Making cancer a chronic disease, not a 'death sentence': Miami Cancer Institute CEO Dr. Michael Zinner on the future of cancer care
Michael Zinner, MD, CEO and executive medical director of Miami Cancer Institute and Baptist Health Cancer Care in Miami, spoke with Becker’s about managing burnout, things he wishes he learned sooner and the outlook for cancer care.
Nemours Children's gets $78M donation for sickle cell, cancer care
Nemours Children’s Health, a system operating in Delaware, New Jersey, Pennsylvania and Florida, has received a $78 million donation from the Lisa Dean Moseley Foundation of Wilmington, Del., to fund research programs and advance clinical care for canc…
15,000 HCA workers begin contract bargaining
A total of 15,000 nurses and other healthcare workers at HCA Healthcare-owned hospitals in Florida and Nevada have started bargaining to negotiate new contracts, their union announced March 2.
