New weekly COVID-19 admissions are down for the fourth week straight, according to the latest data from the CDC. Meanwhile, flu and respiratory syncytial virus are starting to rise.
Mass General Brigham President and CEO Anne Klibanski, MD, shared a muted reaction to longtime affiliate Dana-Farber Cancer Institute’s decision to partner with another Boston health system for cancer care in a recent op-ed with the Boston Globe.
California Gov. Gavin Newsom has signed a bill that mandates a $25 hourly minimum wage requirement for workers in hospitals and other medical settings.
Shawn Guertin, CVS Health CFO and President of Health Services, is taking a leave of absence from his role for family reasons. The company said Oct. 16 it is appointing two leaders to take on his divided role.
Rite Aid is filing for Chapter 11 bankruptcy protection and has a new CEO to lead it through the turnaround, the U.S. drugstore chain announced Oct. 15.
Optum’s data and analytics arm has seen a 35% increase in revenue year over year following the company’s purchase of Change Healthcare for $13 billion.
Here is a summary of recent credit downgrades and outlook revisions for hospitals and health systems. The most recent ones are those reported on since the last summary Sept. 29.