Florida lawmakers are proposing a package of healthcare laws for the state’s 2024 legislative session, including measures to redirect patients from hospital emergency departments.
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MedPAC drafts 2025 payment proposal
MedPAC drafted its 2025 payment update recommendations Dec. 8, according to the American Hospital Association.
UVA Health extends CEO's contract to 2030
The University of Virginia board of visitors on Dec. 8 voted to extend the contract of K. Craig Kent, MD, as executive vice president for health affairs and CEO for UVA Health through Jan. 31, 2030.
Norton Healthcare confirms ransomware attack
Louisville, Ky.-based Norton Healthcare confirmed that the May ‘cyber incident’ that led the health system to shut down its network briefly was a ransomware attack.
Emory names inaugural physician division president
Penny Castellano, MD, was named president of the Emory Healthcare Physician Division, a newly created position, as well as interim director of Emory Clinic.
Healthcare organizations to spend $12B in 2024 on local advertising, report says
Healthcare organizations are projected to spend more than $12 billion in 2024 on local advertising, with hospitals to be among the top spenders, according to a Dec. 8 survey from SalesFuel and BIA Advisory Services.
UNC Health Nash proposes $140M hospital upgrade
Rocky Mount, N.C.-based UNC Health Nash has proposed a nearly $140 million inpatient bed tower project to make upgrades to the hospital.
Hospitals face 'seismic shift' as margin compression continues
The balance between commercial and government payers has shifted as inflationary pressures mount and neither side wants to increase payments significantly.
Mass General Brigham posts $48M annual loss, CFO notes 'significant progress'
Boston-based Mass General Brigham posted a $48 million operating loss of (-0.3% margin) for the fiscal year ending Sept. 30, a significant improvement on the $432 million loss (-2.6% margin) reported last year.
Mercy names AI-powered cancer treatment tool in honor of developer
St. Louis-based Mercy named its artificial intelligence cancer treatment algorithm after Jiajing Chen, a data scientist who helped develop the algorithm and died from cancer in January, St. Louis Business Journal reported Dec. 8.
