From Las Vegas to Oklahoma, mass layoffs are hitting hospitals and health systems nationwide. And with big-name companies like Microsoft announcing job cuts in bulk, firings are front-of-mind for many leaders.
South Weymouth, Mass.-based South Shore Health reported increased operating losses for fiscal 2022 as well as a large overall loss as the system continued to struggle with the consequences of the COVID-19 pandemic.
Massachusetts lawmakers are filing legislation this week that would mandate nurse-to-patient ratios — following in the footsteps of Washington and Oregon with a statewide push toward safe staffing.
Last year, 24 new CEOs were appointed to lead top 150 health systems (by revenue), marking a return to pre-pandemic turnover levels, according to a new report from The Health Management Academy.
The former CEO of the Cleveland Clinic, Toby Cosgrove, MD, and David Lubarsky, MD, the CEO of Sacramento, Calif.-based UC Davis Health, have joined virtual care company Memora Health as strategic advisers.