Category: ROOT

State approves Mass General Brigham’s plan to cut spending by $128M

The Massachusetts Health Policy Commission voted to approve the performance improvement plan submitted by Mass General Brigham, in which the provider plans to cut spending by $127.8 million, according to a Sept. 27 news release from the commission.

Gastro Health, GI Alliance and more: 8 industry updates

Here are eight updates on gastroenterology companies Becker’s reported on during the third quarter of 2022:

Vision Integrated Partners adds 9 Oklahoma eye clinics, ASCs

Vision Integrated Partners has established partnerships with Britton Vision Associates and Southwest Eye Clinic and Surgery, both based in Oklahoma City. 

Visus Therapeutics acquires all patents, assets from visual disability researcher ViewPoint

Biopharmaceutical company Visus Therapeutics has acquired all patents and assets from eyecare developer ViewPoint Therapeutics.  

California hospital 1st to earn new Joint Commission accreditation

Torrance (Calif.) Memorial Medical Center is the first to receive the Leading Laboratories designation from The Joint Commission and the American Society for Clinical Pathology. 

J&J names spinoff consumer health business

Johnson & Johnson’s consumer health business, which will break away from its pharmaceutical and medical device arm, will be named Kenvue, the company said Sept. 28. 

Philadelphia staffing company to pay $9.3M in back wages, damages over allegations of denied overtime pay

A Philadelphia-based healthcare staffing company will pay $9.3 million in back wages and liquidated damages for 1,756 employees to resolve allegations it misclassified workers and willfully denied their overtime pay, the Labor Department announced Sept…

7 health system CIO exits from the past year

Here are seven healthcare CIOs who have left their jobs since October.

CMS missed $2.8M in savings due to price substitution error, OIG audit finds

Medicare lost out on $2.8 million in savings in 2020 by incorrectly implementing price reductions on Medicare Part B drugs, an HHS Office of Inspector General audit found. 

HCA hospitals make 16 leadership changes

HCA Healthcare, a 182-hospital system based in Nashville, Tenn., has made leadership changes at several of its hospitals in recent months.