Category: Static

ProMedica taps chief accounting officer from Corewell Health

Toledo, Ohio-based ProMedica has appointed Donna Zuk chief accounting officer, effective Nov. 3. 

New physicians are spending less than two years at their first job: 6 notes

Physicians who completed residency or fellowship in the last six years spend less than two years on average at their first job, according to a report by Jackson Physician Search and Medical Group Management Association.

Wellness market hits $5.6 trillion as 'gray areas' with healthcare grow

Global wellness drew $5.6 trillion in revenue in 2022 and is poised to generate $8.5 trillion by 2027, according to a new report from industry group Global Wellness Institute, as overlaps with healthcare expand. 

UPMC unveils $62M pediatric heart center

Pittsburgh-based UPMC unveiled plans for a $62 million heart care center for pediatric patients, the Pittsburgh Post-Gazette reported Nov. 7.

A potential snag in the value-based care shift

The U.S. healthcare system’s transition to value-based care might be slowed by current financial conditions, according to an October 2023 report published in NEJM Catalyst. 

OHA appoints Dr. Sejal Hathi as new director

The Oregon Health Authority has a new leader after Gov. Tina Kotek appointed Sejal Hathi, MD, to the post, according to multiple reports.

Hospital landlord group faces increasing pressure from lawyers, investors

Lawyers representing investors who may have lost significant money over the way a $375 million deal was presented by Medical Properties Trust are encouraging such investors to submit their losses, according to a Nov. 8 InvestorsObserver report.

Senate committee advances bill that would delay DSH cuts, rein in PBM tactics

The Senate Finance Committee on Nov. 8 voted to advance a healthcare package that would eliminate two years of Medicaid disproportionate share hospital cuts and rein in what Chairman Sen. Ron Wyden of Oregon called “shadowy tactics by pharmacy benefit …

Why CVS was 'sold immediately' on Oak Street Health

CVS Health CEO Karen Lynch said she was “sold immediately” on Oak Street Health, as the primary care provider’s use of technology, data and its value-based care model impressed her, Crain’s Chicago Business reported Nov. 7.

Walmart: Friend or foe to hospitals?

When Walmart founder Sam Walton declared the retailer’s healthcare ambitions in 1991, he had harsh words for hospitals.