Category: Static

New $200M Mercy Ohio hospital to boost healthcare investment in region

The keys are almost in hand for the first new hospital in a decade to be built in the region just north of Cincinnati, according to an Oct. 25 Cincinnati Business Courier report.

Prime hospital ends maternal care

Centinela Hospital Medical Center in Inglewood, Calif., part of Ontario, Calif.-based Prime Healthcare, is ending maternal-child health services Oct. 25.

Accenture acquires healthcare marketing firm

Accenture, an IT services and consulting firm, agreed to acquire ConcentricLife, a healthcare marketing firm specializing in life sciences. 

31% of ventilator patients at Maryland facilities were colonized with pathogens

Nearly one-third of patients in Maryland hospitals were colonized with Acinetobacter baumannii and Candida auris, two pathogens that are becoming growing infection-threats in hospital settings.

UHS reports $167M net income in Q3

King of Prussia, Pa.-based Universal Health Services, one of the largest for-profit health systems in the country, has reported third-quarter net income of $167 million on revenue of $3.6 billion.

Former Trinity account manager sentenced after embezzling $2M

Cindy Norgen, 61, a former account manager at Livonia, Mich.-based Trinity Health, was given a minimum sentence of four years and two months in prison for embezzling more than $2 million from the health system, MLive reported Oct. 25.

Medline opens 1.2M-square-foot distribution site

Medline opened another distribution center in late October as part of its $2 billion investment in healthcare supply resilience. 

10 indicted in $20M black-market HIV medication fraud scheme

Ten people have been indicted in an alleged scheme that defrauded Medicaid, Medicare and private insurance companies out of at least $20 million by trafficking black-market HIV medication. 

The fastest-growing healthcare companies, per Fortune

It’s a time of tepid growth for healthcare companies, with the sector’s representation shrinking on the Fortune 100 Fastest-Growing Companies list for 2023.

NewYork-Presbyterian hospital taps chief of medicine

NewYork-Presbyterian Lower Manhattan Hospital has selected Maya Hogg, MD, to serve as chief of medicine.