More than a dozen hospital mergers, acquisitions, joint ventures, affiliations and partnerships were unwound or called off throughout the past 13 months.
Category: ROOT
11 things to know about Doximity's Q3 financial results
Doximity reported 18 percent higher revenues, 78 percent higher operating cash flow, and 85 percent higher free cash flow, year-over-year, in its fiscal third quarter results published Feb. 9.
Kaiser posts $4.5B net loss in 2022 amid staff shortages, economic headwinds
Oakland, Calif.-based Kaiser Permanente reported a net loss of $4.5 billion in 2022, down from a net income of $8.1 billion in 2021, according to its financial results released Feb. 10. Its operating margin dipped from 0.7 percent in 2021 to -1.3 perce…
Colorado health system looking ahead after 2022 that saw 49% drop in operating margin
Vail (Colo.) Health is looking to return to normalcy and focus on its expansion projects in 2023 after 2022, in which the system saw a 49 percent drop in operating margin, SummitDaily reported Feb. 10.
AI in mental health treatment has potential but faces challenges: WHO
A World Health Organization report identified artificial intelligence as a tool that can support mental healthcare through planning and automation. However, it also highlighted a number of challenges with technology in mental healthcare.
Mass General Brigham reports operating loss, but overall income up in latest quarter
Somerville, Mass.-based Mass General Brigham reported a $1 million operating loss for its latest quarter as it continued to struggle with labor expenses.
3 major medical groups: Don't forget about COVID-19 vaccines
As the COVID-19 pandemic transitions out of its crisis era, the American Nurses Association, American Hospital Association and American Medical Association are reminding people of the importance of vaccines in a new public service announcement.
AMA creates gun violence task force
The American Medical Association has established a gun violence task force to prevent violence and improve safety.
Shot-down Chinese balloon may affect US medical supply chain
After the U.S. shot down a “high-altitude object” hovering above Alaska’s waters on Feb. 10 and a confirmed Chinese spy balloon the week prior, it’s unclear what these actions mean for the U.S.-China medical supply chain.
Former General Mills CEO: Rushing Sanford, Fairview merger is a 'fools errand'
Ken Powell — the former CEO of processed-food giant General Mills and chair of the University of Minnesota’s board of regents — has called upon Sanford Health and Fairview Health Services to slow down their proposed merger, the Star Tribune reported.&n…
