Category: Static

Mercy hospital properties valued at 7 times its selling price

Despite signing a letter of intent to be acquired by the University of Iowa for $20 million, a recent review of Iowa City-based Mercy Hospital assessed its value at $137.3 million, The Gazette reported Aug. 21.

5 Ozempic updates

Type 2 diabetes drug Ozempic and weight loss medication Wegovy cost hundreds of dollars more in the U.S. than similar nations, and Novo Nordisk is profiting so much that Denmark’s economy is shifting. 

HCA names CNO for 2 Texas hospitals

HCA Healthcare has named Patty Howard, MSN, RN, chief nursing officer of two hospitals in Texas, effective Aug. 21.

Michigan system regional president exits; interim named

Ben Schwartz, MD, is leaving his role as president of Corewell Health’s East region, and Darryl Elmouchi, MD, COO of Corewell Health, will assume the role on an interim basis.

Adventist Health downgraded to 'A2'

Roseville, Calif.-based Adventist Health had its credit rating downgraded by S&P Global from “A1,” according to an Aug. 21 filing.

The most underrated roles in healthcare

Clinicians rely on the support of hundreds of other positions to make patient care possible, but many of those positions go unrecognized for their efforts.

ProMedica seeks to extend covenant suspension amid $453M debt and delayed sale

Toledo, Ohio-based ProMedica, which called off plans to build a new Michigan hospital after it reported a $39.8 million second-quarter operating loss, is now seeking further extensions to existing covenant suspensions.

COVID-19 associated with new-onset high blood pressure

A new study found people infected with COVID-19 are more likely to develop persistent high blood pressure despite no history of the disease.

Maryland reports 1st locally acquired malaria case in 40 years

The Maryland Department of Health confirmed its first locally acquired malaria case in more than 40 years. 

Kentucky health system falls victim to massive MOVEit breach

Louisville, Ky.-based UofL Health confirmed that it has been affected by the data breach on popular file transfer tool MOVEit, which has affected millions of people across a variety of industries.