Category: ROOT

Mount Sinai's new way of keeping low-acuity patients out of the ED

New York City-based Mount Sinai Health System has started a program offering telehealth services to patients with less severe conditions who call 911, making it the first system in the state to do so. 

'What they've done is extremely evil': Hospital closures spark questions about private equity in healthcare

Private equity has piled into healthcare in recent years, but one company’s recent moves have some questioning whether it belongs in the industry.

Hartford HealthCare to launch healthcare startups with new venture capital partnership

Hartford (Conn.) HealthCare has partnered with venture capital firm Connecticut Innovations to help launch healthcare startups. 

Moody's downgrades Westchester County Health Care and Charity Health System credit rating

Moody’s Investors Service downgraded the ratings of Valhalla, N.Y.-based Westchester County Health Care Corp. and Charity Health System from “Baa2” to “Baa3.” 

New digital health CPT codes launching in 2023

As medicine continues its digital shift, new billing codes are being added next year for specialties like remote therapeutic monitoring and digital ophthalmology.

Flu, COVID-19 activity up after Thanksgiving: 5 notes

Flu hospitalizations sat at a 10-year high the week of Thanksgiving and COVID-19 cases have risen since the holiday, though respiratory syncytial virus appears to have peaked in some parts of the U.S., CDC Director Rochelle Walensky, MD, said Dec. 5.&n…

Lifespan reports Q4 $46M loss, sustaining 2022 decline

Providence, R.I.-based Lifespan reported multimillion dollar losses both for the fourth quarter and full year amid a familiar litany of labor and supply shortages as well as investment losses.

Ascension posts $118.6M loss in Q3

St. Louis-based Ascension reported higher expenses in the three months ended Sept. 30 and ended the quarter with a loss, according to recently released financial documents. 

15 health systems outsourcing RCM functions

Becker’s has reported on 15 health systems that have opted to outsource finance jobs or other revenue cycle functions since Jan. 1:

DMC Children's Hospital of Michigan CEO to exit

Kathy Donovan, MSN, RN, CEO of Children’s Hospital of Michigan and Detroit Medical Center Group COO, is leaving the organization, according to a hospital statement shared with Becker’s.