A ransomware attack against Burlington,Vt.-based UVM Health Network in 2020 cost the system millions and disrupted patient care at the height of the COVID-19 pandemic. Vyacheslav Penchukov, a Ukrainian national, pleaded guilty to leading the attack.
Category: Static
Virginia health system taps CFO, CNO
Warrenton, Va.-based Fauquier Health has appointed Janelle Padgett as CFO and Toni Maxwell, ADN, as chief nursing officer, according to a Feb. 16 news release.
Low reimbursement rates led to layoffs, Arkansas Heart Hospital CEO says
Bruce Murphy, MD, CEO of Little Rock-based Arkansas Heart Hospital, said low reimbursement rates have led to fewer than 50 employees being laid off since the beginning of the year, Arkansas Business reported Feb. 19.
5 states with most, fewest physician groups
California has the highest number of physician groups while North Dakota has the fewest, a Definitive Healthcare report found.
'We can not afford the status quo': What systems aren't talking about enough
Leaders across healthcare are working to improve their system in a variety of ways, but some parts of care and delivery are being overlooked, leaders told Becker’s.
Why CFOs are cutting costs even as profits rise
Cost cutting is a top priority for many companies in 2024, even those who are seeing rising profits, The Wall Street Journal reported Feb. 15.
10 hospitals seeking CFOs
Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.
New Jersey system gets historic 'A+' credit rating
Camden, N.J.-based Cooper University Health Care has earned an “A+” credit rating from Fitch Ratings after receiving two credit upgrades from S&P Global and Moody’s since 2022.
10 hardest-working cities in America
The hardest-working Americans live in Washington, D.C., according to an analysis by WalletHub, a personal finance website.
UCI Health, Lifepoint Health break ground on California rehabilitation hospital
Orange, Calif.-based UCI Health and Lifepoint Rehabilitation — a Brentwood, Tenn.-based Lifepoint Health business unit — have broken ground on a new inpatient rehabilitation hospital in Irvine, Calif., as part of a joint venture partnership.
