Hershey, Pa.-based Penn State Health said it had 90.3 days of cash on hand as it reported an overall loss of $110.4 million for the six months ended Dec. 31.
Category: ROOT
25 hospitals and health systems on TikTok
While many hospitals and health systems have accounts on Twitter, Facebook and LinkedIn, they’ve been slower to move to TikTok, the video-centric social media platform that is now the second-most popular app for Americans under 35 years old.
US drugmaker closes shop: 'Now we wait for worsened shortages'
A Gurnee, Ill.-based drugmaker is shuttering all U.S. operations, the company told its hundreds of employees during a Feb. 22 Zoom meeting.
Yale digestive center sees 1,000 patients in 1st 3 weeks
The new Yale New Haven Hospital’s Digestive Health Center in North Haven, Conn., has already attended to more than 1,000 patients in the three weeks since it opened, according to a Feb. 23 report from the Yale Daily News.
12 recent RCM mergers and acquisitions
Here are 12 revenue cycle management mergers and acquisitions reported by or shared with Becker’s since Aug. 23, 2022:
What experts are saying about the potential for a 2nd flu wave
Flu activity continues to dwindle nationwide, and although its patterns are hard to predict, experts say there has not been evidence to suggest influenza B will drive a second wave.
J&J MedTech launches new sinus procedure tool at Mount Sinai
Acclarent, part of J&J MedTech, announced that patients have begun receiving treatment with its TruDi Shaver Blade, an electromagnetic blade used for sinus procedures, at New York City-based Mount Sinai Hospital.
Cloud computing adoption among healthcare organizations: 6 trends to know
Seven out of 10 healthcare IT professionals say their organizations have moved to the cloud, with another 20 percent saying that they hope to move to the cloud within the next two years, according to a Feb. 22 study from software company DuploCloud.&nb…
Philips execs waive their bonuses after 'disappointing' '22
Philips’ management will not receive any bonuses for 2022 as the company’s market value dipped by 70 percent after a global recall of respiratory devices.
FDA expands recall of eye products tied to bacterial infections
The FDA expanded its recall for eye drops potentially contaminated with a highly drug-resistant bacteria that has hospitalized 16 and blinded six patients, CBS News reported Feb. 22.
