Category: Static

WVU Medicine reports 3% operating margin even as expenses soar

Morgantown-based West Virginia University Health System, the state’s largest employer, has reported first-half operating income of $89.2 million on revenues of $2.9 billion.

Hospitals carve new pathways for nursing employment

As hospitals and health systems vie for nurses, they are becoming more creative with how they recruit, retain and develop workers. 

'Rapid and stupendous progress': HHS' new plan to fight cyberattacks

HHS rolled out a new project Aug. 17 to protect hospitals from the growing cybersecurity threat.

Lawsuit alleges Olive AI missed jobs pledge

Olive AI is being sued by a state economic development arm over allegations the healthcare tech company missed hiring goals it was supposed to meet in exchange for incentives, Columbus (Ohio) Business First reported.

More than 33% of health system execs plan to automate 2 or more RCM functions in 2024

More than one-third of health system executives are planning to automate two or more revenue cycle management or financial functions in 2024, according to a survey by the Healthcare Financial Management Association and Eliciting Insights.

California grants Laguna Honda Hospital recertification

San Francisco-based Laguna Honda Hospital’s application for Medicaid recertification was approved Aug. 16.

Digital transformation: A healthcare buzzword that is hard to pull off

Even though 53 percent of hospital IT and clinical leaders see digital transformation as one of the most important goals for 2023 and 2024, the concept is still a work in progress for the industry. 

Legacy, OHSU to merge into 10-hospital system

Portland-based Legacy Health and Oregon Health & Science University have signed a nonbinding letter of intent to combine and create a 10-hospital system with more than 32,000 employees and over 100 locations. 

Weight loss drug might prevent strokes, heart attacks: UC Irvine study

Experts say Novo Nordisk’s Wegovy, a weight loss drug, may also prevent cardiovascular incidents like heart attacks and strokes, CNBC reported Aug. 16.

Disruptors like Amazon, CVS driving up provider salaries

Healthcare disruptors such as Amazon and CVS are driving up demand — and salaries — for physicians and advanced practitioners, according to executive search firm AMN Healthcare.