Category: ROOT

Novant Health raises minimum wage to $17 per hour

Winston, Salem, N.C.-based Novant Health will raise its minimum wage from $15 per hour to $17 per hour, effective March 3. 

HCA posts $5.6B profit for 2022: 6 details

Nashville, Tenn.-based HCA Healthcare saw revenue of $15.5 billion in the fourth quarter of 2022, up from $15.1 billion over the same period in 2021, according to its financial report released Jan. 27. 

UPMC backs health data company in $30M investment round

UPMC Enterprises, the venture capital arm of Pittsburgh-based UPMC Health, backed health data company Smile Digital Health in a $30 million series B financing round.

Physician burnout and depression continue to climb: Medscape

A recent Medscape report found physician burnout has increased to 53 percent — up 6 percent since 2021 — and 23 percent of physicians reported experiencing depression.

7 executive exits in 8 days

Nearly one month into 2023, executive exits continue at hospitals and health systems.

Former UCLA Health leader joins Latino-focused telehealth startup started by Amazon vets

Sarah Lopez, MD, a former patient safety officer for Los Angeles-based UCLA Health, has joined Latino-focused telehealth startup Zócalo Health as its first chief medical officer.

Corewell hospital names nurse CEO

Debbie Guido-Allen, RN, has been named the new president of Corewell Health Dearborn (Mich.) Hospital, a Jan. 26 article in Press & Guide stated. She will move to the role from her current position as the interim president of Corewell Health William Be…

4 new procedures OK'd by CMS for reimbursement in 2023

CMS will reimburse ASCs for four new procedures in 2023, according to a Jan. 23 report from VMG Health. 

The ins and outs of Optum partnerships

In a matter of days, Optum inked two major deals with health systems. Mike Valli, president of Optum’s Northeast Region, says the organization is poised for more — that such quick succession is not mere coincidence. 

Xploro gets funding from 2 hospital VC arms, hires former Akron Children's innovation chief

Xploro, a pediatric-focused digital health startup founded in the U.K., has opened a U.S. headquarters after receiving funding from two health system venture capital arms and hiring the former chief innovation officer of Akron (Ohio) Children’s Hospita…