Category: Static

Optum shutting down telehealth business

UnitedHealth Group’s Optum Virtual Care is shutting down, Endpoints News reported April 24.

Franciscan Health taps new CFO for 2 Indiana hospitals

Justin Kats was named CFO of Fransciscan Health Crown Point (Ind.) and Franciscan Health Michigan City (Ind.), both part of Mishawaka, Ind.-based Franciscan Health, effective April 8. 

Heart failure trends reverse, are rising again: Study

The decadelong reduction in heart failure deaths has “been entirely undone” in recent years, according to a research letter published April 24 in JAMA Network. 

Health system mergers increase prices by 5.2%: Study

There have been 1,164 mergers among health systems between 2000 and 2020, and a recent study found those transactions increased prices by 5.2%.

UHS Q1 net income up 61% to $261.8M

King of Prussia, Pa.-based Universal Health Services saw a net income of $261.8 million in the first quarter of 2024, a 60.5% increase from a $163.1 million net income over the same time period in 2023, according to its most recent financial report.

AdventHealth taps 3 leaders

AdventHealth has made several C-suite hires in Central Florida, including a new hospital COO and a new campus CFO. 

7 health systems naming revenue cycle vice presidents

Here are seven health systems that have made revenue cycle vice president hires in 2024: 

Texas hospital gifted millions to complete heart center

Corpus Christi, Texas-based Driscoll Children’s Hospital received a multimillion-dollar gift to support its heart center.

WVU Medicine hospital CEO to retire

Steve Altmiller will be retiring as president and CEO of WVU Medicine Camden Clark Medical Center in Parkersburg, W.Va.

Highest-paying industries for RNs

Government is the highest-paying industry for registered nurses, where they earn an average of almost $30,000 higher than the lowest-paying industry, according to Bureau of Labor Statistics data.