Category: Static

5 health systems' approach to COVID-19 vaccine rules

Months after the federal government formally withdrew the COVID-19 vaccine mandate for employees of CMS-certified healthcare facilities, hospitals and health systems have varied approaches to their own rules. 

The mindset shift of hospital finance execs heading into 2024

Health systems face continued weak margins, high expenses and low reimbursements for the next year, which means CFOs, COOs and revenue cycle leaders are thinking differently about their strategy for financial stability.

Escalating Hamas-Israel conflict raises concerns for US healthcare

The ongoing war between Israel and Hamas could affect U.S. healthcare organizations that use cybersecurity, IT or medical products from an Israeli provider, BankInfoSecurity reported Oct. 12. 

New York governor presses hospitals to restore psychiatric beds: 'We're done with excuses'

New York Gov. Kathy Hochul plans to create more mental healthcare capacity as part of the state’s $1 billion investment in mental healthcare. Her plan not only involves creating new access, but restoring it in hospitals.

UPMC expands in Italy, Ireland

Pittsburgh-based UPMC is working with Italian foundation Ri.MED to open a biomedical research center in Sicily that will employ about 600 people, including 60 investigators, the Pittsburgh Business Times reported Oct. 12. 

Ransomware attack cost UVM Health $65M

A 2020 ransomware attack at the Burlington-based University of Vermont Health Network compromised 1,300 servers and cost the health system $65 million, local news outlet WCAX reported Oct. 12.

Health system executive roles are evolving: 68 leaders share 2024 changes

Becker’s asked C-suite executives from hospitals and health systems across the U.S. to share their organization’s areas of growth for the next few years. 

Uncompensated care puts essential hospitals deep in the red

Essential hospitals, which comprise more than 300 of the largest safety net providers and about 5 percent of acute-care hospitals in the U.S., provided over 25 percent of all charity care in 2021, according to an Oct. 12 report from America’s Essential…

$55.5M awarded to man who suffered brain damage at Chicago hospital

A Cook County, Ill., jury awarded $55.5 million to Shamond Butler, 20, a man who suffered brain injuries during his birth at the University of Illinois Hospital in Chicago, the Chicago Sun-Times reported Oct. 12.

Top system execs recalibrate focus for 2024

The role of top hospital and health system executives is evolving with the push toward defining a great culture as health systems consolidate, reimagining care delivery and boosting the workforce for a more financially sustainable future.