Category: Static

Mass General Brigham posts $48M annual loss, CFO notes 'significant progress'

Boston-based Mass General Brigham posted a $48 million operating loss of (-0.3% margin) for the fiscal year ending Sept. 30, a significant improvement on the $432 million loss (-2.6% margin) reported last year. 

Mercy names AI-powered cancer treatment tool in honor of developer

St. Louis-based Mercy named its artificial intelligence cancer treatment algorithm after Jiajing Chen, a data scientist who helped develop the algorithm and died from cancer in January, St. Louis Business Journal reported Dec. 8.

CommonSpirit names COO

Terika Richardson was named senior executive vice president and COO of Chicago-based CommonSpirit Health.

FDA approves nation's 1st CRISPR gene therapy to treat sickle cell disease: Experts react

On Dec. 8, the FDA approved the nation’s first medicine based on CRISPR gene-editing technology to be used as a treatment for patients with sickle cell disease, a major scientific advancement that opens the door for future gene therapy approvals for in…

Orlando Health buys land for office near new hospital

Orlando (Fla.) Health has purchased property to build a medical office within walking distance of its forthcoming hospital in Lake Mary, Fla. 

Cleveland Clinic makes case for 'bare minimum Mondays'

Doing less at work can, indeed, yield better health outcomes, according to a Dec. 4 article from Cleveland Clinic. 

Oregon systems aim to revive suit over psychiatric care

Four health systems in Oregon are seeking to resurrect a lawsuit in which they contend the  state’s inadequate mental healthcare system is causing them to be overburdened with psychiatric patients whom they’re ill-equipped to care for, The Lund Re…

2 of the world's richest families are tied to healthcare

Midway through Bloomberg’s annual ranking of families with the largest fortunes are two that amassed their wealth through pharmaceutical companies.

Rural Illinois hospital nears $15M turnaround, CFO says

Rural hospitals have not had the easiest time over the last few years, but Austin Frazier Jr., CFO of Dixon, Ill.-based Katherine Shaw Bethea Hospital, said they’re working hard to turn things around following the effects of the pandemic.

Johns Hopkins Medicine names CEO

Theodore DeWeese, MD, is the new CEO of Baltimore-based Johns Hopkins Medicine and dean of the John Hopkins University School of Medicine.