Recent layoffs at Lyft, Intel, Twitter, and a corporate hiring freeze at Amazon indicate a worsening economic outlook for big tech, the Wall Street Journal reported Nov. 4.
Category: ROOT
Walgreens CEO calls Summit Health deal ‘transformational’: 5 key moves behind it
VillageMD, the primary care disruptor controlled by Walgreens Boots Alliance, is set to acquire physician practice group Summit Health in a $8.9 billion transaction, which in turn will give Walgreens one of the biggest stakes in the combined company.&n…
Growth of cross-market hospital systems could have anticompetitive effects, study finds
Cross-market hospital systems have been on the rise, potentially decreasing competition between systems, researchers in a Nov. 7 Health Affairs study found.
St. Louis hospital owner accused of diverting $1.4M of hospital funds
The owner of a St. Louis-based hospital is accused in a lawsuit of diverting funds meant to improve the hospital, according to the St. Louis Business Journal.
Oak Street reports $130M net loss even as revenues rise significantly
Oak Street Health, which operates a network of over 160 primary care clinics for Medicare patients across 21 states, reported a net loss of $130.4 million for the third quarter ending Sept. 30. The net loss for the first nine months of the year was $37…
R1 RCM names new CEO, president
R1 RCM President Lee Rivas will take over the role of CEO on Jan. 1, when current CEO Joseph Flanagan steps down from the position.
One GI expands Ohio presence
Nashville, Tenn.-based One GI has expanded its Ohio presence through a partnership with Gastroenterology and Hepatology Specialists in Canton.
3 hospitals mulling rural emergency hospital conversions
CMS recently announced the final rule for the emergency rural hospital designation, which is set to go into effect Jan. 1, 2023.
3 organizations that received GI Genius modules in October
Three organizations Becker’s has reported on have installed Medtronic’s GI Genius AI endoscopy module in the last month.
Why more physicians are unionizing
While labor actions during the pandemic have more often involved nurses and other healthcare professionals, physicians are increasingly involved in union activities, including votes to unionize.
