Category: ROOT

Colorado hospital CEO resigns after 1 year

Jeanine Gentry, CEO of Southwest Memorial Hospital in Cortez, Colo., resigned Feb. 1 after about one year in the role, The Journal reported.

Healthcare's top 4 financial threats

More than 100 healthcare CFOs laid out healthcare’s top financial threats in the “2023 BDO Healthcare CFO Outlook Survey.”

Meet the CEOs of 5 ASC chains 

 Here are the CEOs of five major ASC chains:

Indiana hospitals lost $72M in 2022

In 2022, Indiana hospitals lost $72 million as inflation and rising labor costs put pressure on the state’s healthcare institutions, Indiana Public Radio reported Feb. 3.

Partnership 'most likely' source of stabilization for cash-strapped California hospital, interim CEO says

Hollister, Calif.-based Hazel Hawkins Memorial Hospital is seeking a buyer or partnership to stabilize its finances, the Silicon Valley Business Journal reported Feb. 2. 

Spending up $18B on healthcare's ordinary administrative work

The U.S. healthcare system spent $60 billion on nine common administrative tasks in 2022, an increase of roughly $18 billion over the previous year.

Eye drops linked to bacterial infections recalled: 6 things to know

The manufacturer of EzriCare Artificial Tears, which has been linked to a drug-resistant bacteria outbreak, is recalling the over-the-counter eye drops, The New York Times reported Feb. 2.

Trinity accuses orthopedic group of anti-competitive behavior in lawsuit

Livonia, Mich.-based Trinity Health is suing Grand Rapids-based Orthopaedic Associates of Michigan, accusing the practice of holding a monopoly in Kent County. 

California medical group to pay $26M settlement after underreporting income

Clinica Sierra Vista agreed to pay nearly $26 million to settle allegations it underreported income, according to a press release from the office of Rob Bonta, attorney general of California.

Washington clinic names new chief medical officer

Jessica McHugh, MD, has been tapped to become the new chief medical officer of MultiCare Rockwood Clinic in Spokane, Wash., effective immediately. She had been serving in this role on an interim basis since August.