Category: Static

How CHS, Tenet, HCA and UHS fared in Q3

All four of the nation’s most prominent for-profit health systems have now reported third-quarter financial results. Here is a summary of some key numbers for Franklin, Tenn.-based Community Health Systems, Nashville, Tenn.-based HCA Healthcare, Dallas…

Drugmaker, CEO agree to pay up to $50M in false claims suit

Nostrum Laboratories and its founder and CEO, Nirmal Mulye, PhD, agreed to pay between $3.8 million and $50 million to settle allegations of underpaying Medicaid rebates. 

Louisiana hospital cautions workers against 'disrespect' amid unionization push

University Medical Center in New Orleans is warning workers against bullying as registered nurses call on management to allow a union election.

Hospitals' unnecessary stent use costs Medicare $800M a year

More than 229,000 unnecessary coronary stents were performed at U.S. hospitals from 2019 to 2021 — a rate of one every seven minutes, according to a newly published report from the Lown Institute. 

A case for HR leaders on public boards

Corporate boards of public companies are lacking people experts, like chief human resources officers, who offer expertise on talent management, recruitment and retention.

NYU Langone receives $9.8M to spur pediatric innovation

NYU Langone trustees Trudy Elbaum Gottesman and Robert Gottesman gave $9.8 million to the department of pediatrics at NYU Langone Health to help spur innovation in pediatric research. 

New Jersey hospital innovation director appointed to FDA committee

Naveena Yanamala, PhD, director of the Center of Innovation at Robert Wood Johnson University Hospital, has been appointed to the FDA’s Center for Devices and Radiological Health Patient Engagement Advisory Committee.   

U of Nebraska Medical Center's infectious diseases chief to step down

Mark Rupp, MD, chief of infectious diseases at the University of Nebraska Medical Center in Omaha, will step down from his leadership role in 2024.  

122 healthcare unicorns

Despite a decline in healthcare venture funding, a report from CB Insights, found that there are still 122 healthcare unicorns, or companies with at least a $1 billion valuation.

California's yearslong fight for universal healthcare

California’s recent push for universal healthcare coverage has been a long time in the making.