Category: Static

During hospital cyberattack, a note came out of every printer

A note started coming out of every printer during a cyberattack at Oceanside, Calif.-based Tri-City Medical Center, as employees raced to shut them off, the San Diego Union-Tribune reported Nov. 15.

2 former NBA players convicted in healthcare fraud scheme

Two former NBA players were convicted for their roles in a scheme to defraud the league’s healthcare plan out of $5 million, Bloomberg reported Nov. 15. 

Wisconsin system cuts executive pay by 15%

Marshfield (Wis.) Clinic Health System is implementing significant cuts to employee pay and benefits, including at the executive level, to advance its financial turnaround strategy without affecting patient care, access or safety, ABC affiliate WQOQ re…

The long road to 'physician associate'

The American Association of Physician Associates is still in the early stages of a sweeping effort to rebrand the PA profession — and sunset the title “physician assistant” — but hopes to make important strides in 2024, AAPA CEO Lisa Gables told B…

CommonSpirit sees salaries and benefits climb to 57% of revenue

Chicago-based CommonSpirit, which reported an operating loss Nov. 15 of $441 million for the first quarter of fiscal 2024, saw its salaries, wages and benefits increase 3.9% over the same period last year.

Baxter Health cut 155 positions through attrition, CEO says

Ron Peterson, CEO of Mountain Home, Ark.-based Baxter Health, stamped out rumors of large-scale layoffs during a Nov. 15 interview with local radio station KTLO. The health system has been able to deal with financial challenges in another way, he said:…

Clinical AI tools require the right 'diet'

The widely embraced web application ChatGPT operates using two language models, and its widespread adoption prompts consideration not of whether it will impact our lives but rather how, Nigam Shah, MD, PhD, chief data scientist at Stanford Health Care,…

Universal Health Services' payer mix

Patients with commercial insurance or those enrolled in privately-managed Medicare and Medicaid plans were responsible for 58% of King of Prussia, Pa.-based Universal Health Services’ patient service revenues in the first three quarters of 2023, accord…

Mercyhealth upgraded to 'A2' as margins strengthen

Rockford, Ill.-based Mercyhealth has been upgraded to “A2” amid consistently strong margins and liquidity, Moody’s said Nov. 8.

Louisiana system CEO, chief medical officer resigns

Steen Trawick, MD, will step down from his role as CEO and chief medical officer of Christus Shreveport-Bossier Health System on Dec. 1, the health system confirmed to Becker’s.