Several Michigan health systems have risen from the worst of the pandemic with negative operating margins and millions in losses, the Detroit Free Press reported Nov. 14.
Category: ROOT
Private equity’s power in healthcare continues to grow, raising concerns: KHN report
Private equity groups have invested about $1 trillion into nearly 8,000 healthcare transactions in the past decade, and some experts are pushing for more scrutiny of its increasing influence on the industry amid concern it may be causing higher medical…
U of Iowa seeks pause on $12.8M jury award to contractors for children’s hospital
Iowa City-based University of Iowa is asking a judge to put a hold on its $12.8 million jury award to a Cedar Rapids construction company, Modern Piping, The Gazette reported Nov. 14.
Mass casualty procedures enacted at hospital where nurse called 911
Silverdale, Wash.-based St. Michael Medical Center — which has consistently made headlines since one of its nurses called 911 on the overcrowded emergency room — employed the help of fire crews again Nov. 11, the Kitsap Sun reported Nov. 12.
New York ASC market: 5 updates in the last 60 days
From breast cancer pavilion to an ASC expansion, here are five New York ASC updates Becker’s has reported on since Sept. 14.
Public health failures spurred RSV surge, nurses say
The notion that rising cases of respiratory syncytial virus are due to children’s lack of exposure amid masking and stay-at-home orders is “flawed conjecture that is not based on science,” National Nurses United said Nov. 14.
Michelle Blakely takes reins of 2 Advocate hospitals
Michelle Blakely, PhD, has assumed her new role as president of Advocate South Suburban Hospital in Hazel Crest, Ill., and Advocate Trinity Hospital in Chicago.
Loma Linda University Medical Center enjoys upgraded debt rating from Fitch
Fitch Ratings upgraded the debt outlook for Loma Linda (Calif.) University Medical Center as the hospital group’s new location shows solid operating performance in a high-growth area.
MGMA urges Congress to address Medicare payment cuts
The Medical Group Management Association wrote a letter urging members of Congress to address the upcoming physician Medicare payment cuts, according to a Nov. 14 email sent to Becker’s.
William Petasnick, former Froedtert CEO, dies at 76
William “Bill” Petasnick, former president and CEO of Milwaukee-based Froedtert Health, died Nov. 8 at age 76, according to his obituary.
