Category: Static

Scripps posts $36.6M annual loss as labor costs grow 11%

San Diego-based Scripps Health reported a $36.6 million operating loss (-0.9% margin) for the fiscal year ended Sept. 30, down from an operating gain of $49.3 million (1.2% margin) in the prior fiscal year, according to financial documents published De…

Moody's hits Walgreens with downgrade amid healthcare bet

Credit ratings agency Moody’s cut Walgreens Boots Alliance’s credit rating to junk as the pharmacy store chain looks to expand its retail care offerings, Bloomberg reported Dec. 11.

Workers set to strike at 4 Prime hospitals

Members of the Service Employees International Union-United Healthcare Workers West are set to launch a five-day strike Dec. 20 affecting four Prime Healthcare facilities in Southern California.

Health systems seeking IT leaders

Health systems in Maryland and Virginia are seeking IT leaders.

PeaceHealth to shutter clinic

PeaceHealth will close its Lacamas Clinic in Camas, Wash., on Dec. 15.

Corewell Health selects children's hospital president

Grand Rapids, Mich.-based Corewell Health has named Robert Fitzgerald, MD, president of its Helen DeVos Children’s Hospital. 

Furloughed prisoner may have escaped UPMC hospital with employee's car

 A furloughed prisoner escaped custody Dec. 9 while receiving medical treatment at Erie, Pa.-based UPMC Hamot, according to local reports. Now, police are investigating whether he stole a hospital employee’s car to skip town. 

Biotech CEO pleads guilty to fraud scheme

Keith Berman, former CEO and director of Decision Diagnostics Corp., pleaded guilty to securities fraud, wire fraud and obstruction of an official proceeding.

Record number of physicians now board certified

2023 saw a record number of physicians and medical specialists who were certified by the American Board of Medical Specialties — 988,737, according to a Dec. 11 news release.

Healthcare's labor comeback in 14 numbers

Specifics of the 2024 U.S. labor market remain to be seen. However, there have been some 2023 trends to note moving into next year, including higher labor force participation, wage gains and a strong healthcare industry.