Healthcare CFOs’ tenures last an average of 4.7 years, according to a recent report from Crist Kolder Associates. Mike Buongiorno served as the CFO of Radnor, Pa.-based Main Line Health for more than five times that average.
Category: Static
Costco membership rate hikes 'a question of when, not if' amid healthcare bet
As Costco looks to break into healthcare through a new partnership with virtual care company Sesame, Costco CFO Richard Galanti said in a Sept. 26 earnings call that raising the cost of its membership is a ‘question of when, not if.’
Man arrested with gun at Vanderbilt's children's hospital
A man in possession of a loaded handgun was arrested Sept. 27 at Monroe Carell Jr. Children’s Hospital at Vanderbilt, NBC affiliate WSMV reported.
St. Joseph's Health names new CEO
Dustin Riccio, MD, has been selected to be the new president and CEO of Paterson, N.J.-based St. Joseph’s Health.
Trinity rolls out hybrid nursing teams to 1K+ hospital beds
Some health systems employ virtual nurses for administrative work and watching patients who are at a high risk of falling. Trinity Health is diving into virtual care with three-person hybrid nursing teams, according to Gay Landstrom, PhD, RN.
Sutter Health absorbs Central Coast clinic group
Sacramento, Calif.-based Sutter Health is expanding its California Central Coast presence with the integration of Sansum Clinic, a 36-facility outpatient network based in the Santa Barbara area.
Mayo Clinic, Microsoft roll out generative AI project
Rochester, Minn.-based Mayo Clinic is deploying generative artificial intelligence technology from Microsoft to automate tasks for clinicians.
How 23 health systems' labor costs are trending
The hospital workforce is critical to the care process and is most often the largest expense on a hospital or health system’s balance sheet. Even before the pandemic, labor expenses — which include costs associated with recruitment and retention, emplo…
Woman pleads guilty to bomb hoax at Boston hospital
A Massachusetts woman pleaded guilty to calling in a hoax bomb threat against Boston Children’s Hospital.
The power of visibility for nursing leaders
Creating a top-ranking nurse culture comes down to a few things, but the No. 1 recommendation is leader visibility and availability, nursing leaders told Becker’s.
