Category: Static

14 health systems reporting operating losses in Q3

Financial headwinds, such as rising labor and supply costs, continued to challenge health systems during the third quarter. 

WVU Medicine hospital taps 1st chief medical officer

WVU Medicine Jackson General Hospital in Ripley, W.Va., has named Holly Hill-Reinert, MD, as its inaugural chief medical officer. 

Kentucky hospital COO exits for Tennessee CEO role

Rhee Perry, BSN, RN, has been appointed CEO of Southern Tennessee Regional Health System-Lawrenceburg, part of Brentwood, Tenn.-based Lifepoint Health, effective Jan. 6.

Colorado hospital taps CEO

Rex Walk has been named CEO of Southeast Colorado Hospital District in Springfield.

12 notable COO moves in 2024

COO moves at hospitals and health systems across the U.S. captured readers’ interest in 2024, including retirements, appointments and resignations.

Aspirion lands 7th acquisition in 6 years

Revenue cycle management company Aspirion has acquired Boost Healthcare, a firm focused on helping providers identify and recover revenue.

CMS launches campaign to support nursing home staffing rule

CMS has launched a Nursing Home Staffing Campaign to address industry-wide workforce shortage concerns as organizations attempt to stop an impending minimum nursing home staffing rule in the courts. 

Only 20% of AI devices for children used pediatric data to train: 3 notes

Just one in five devices approved by the FDA for children actually included pediatric data in their algorithms, a recent Boston Children’s study found.

What big retailers did in healthcare in 2024

In 2024, major retail healthcare players Walgreens, CVS Health, and Walmart have aggressively restructured through strategic divestments, layoffs, and the closure of underperforming assets, while pivoting toward virtual care, AI-driven efficiencies, an…

NewYork-Presbyterian posts 4.5% operating margin in Q3

New York City-based NewYork-Presbyterian reported an operating income of $123 million (4.5%) operating margin in the third quarter of 2024, up from an operating income of $81.8 million (3.3% margin) during the same quarter last year.