Category: Static

Biotech company lays off 15% of staff

Invitae, a biotech company focusing on genetic testing, laid off 15% of its staff as the company initiated a cost-cutting plan. 

Pressure to attend gatherings leading to overuse of cold medicines

With the days of social distancing mostly behind us, increasing pressure and anticipation to get back to gatherings, show up in person for work and more are leading Americans to overuse cold and allergy medicines to mask symptoms from regular colds to …

Joint Commission appoints 2 new executives

The Joint Commission is expanding its executive team with the addition of a chief brand and communications officer and a commercial officer. 

California hospital ex-owners sued for alleged mismanagement

Watsonville (Calif.) Community Hospital’s liquidation trustee Jeremy Rosenthal has reportedly filed a lawsuit against three executives of Halsen Healthcare, the company that formerly owned the hospital, accusing them of draining its funds for personal …

Hospitals fill more jobs as labor pressures cool: Fitch

Hospitals are seeing more relief on the job front as wider labor conditions become less volatile, according to a Dec. 20 report from Fitch Ratings. 

'Tripledemic' risk spurs renewed capacity crisis concerns

Reports of hospitals operating over capacity are creeping up — a situation that could become more widespread over the next few weeks if COVID-19, flu and respiratory syncytial virus levels continue to rise, the CDC recently warned. 

FBI disrupts healthcare ransomware group

The Justice Department has taken down Blackcat ransomware group, the hackers behind the cyberattack on Allentown, Pa.-based Lehigh Valley Health Network. 

University of Rochester Medical Center names CEO

David Linehan, MD, was named CEO of the University of Rochester (N.Y.) Medical Center, dean of the School of Medicine and Dentistry, and senior vice president for health sciences, effective Feb. 1.

University Hospitals' 'Medicare Breakeven' initiative cuts expenses by $250M

Cleveland-based University Hospitals launched its “Medicare Breakeven” project in August 2022 to reduce expenses, grow revenues and develop a model that allowed the health system to bend its cost curve. 

Vanderbilt, Deaconess open transplant, heart failure clinic

Nashville, Tenn.-based Vanderbilt Transplant Center partnered with Evansville, Ind.-based Deaconess Health System to open a new transplant clinic in Newburgh, Ind.