Category: Static

Florida medical group lays off 47 after filing for bankruptcy

Bradenton, Fla.-based MCR Health, a nonprofit medical group, has filed several WARN notices to lay off a total of 47 employees after it sought Chapter 11 protection Nov. 11.

NYU Langone improves annual operating margin to 3%

New York City-based NYU Langone reported an operating income of $431.4 million (3% margin) for the fiscal year ending Aug. 31, compared with a $358.8 million gain (2.9% margin) in fiscal 2023, according to financial documents published Nov. 18. 

NYU Langone improves annual operating margin to 3%

New York City-based NYU Langone reported an operating income of $431.4 million (3% margin) for the fiscal year ending Aug. 31, compared with a $358.8 million gain (2.9% margin) in fiscal 2023, according to financial documents published Nov. 18. 

Drugmakers' 340B rebate fight, explained

Johnson & Johnson and Eli Lilly both sued the federal government this month over the future of their respective 340B drug rebate plans.

Drugmakers' 340B rebate fight, explained

Johnson & Johnson and Eli Lilly both sued the federal government this month over the future of their respective 340B drug rebate plans.

Hackensack CFO outlines $5B plan for innovation and growth

Although Bob Glenning, president of the financial and digital technology services division and CFO of Edison, N.J.-based Hackensack Meridian Health, plans to retire in just under a month, his passion to ensure long-term success for the health system ha…

Ochsner Children's taps new CEO

Jefferson, La.-based Ochsner Children’s, part of New Orleans-based Ochsner Health, has tapped Dana Bledsoe as CEO, effective Nov. 15. 

New FDA rules for TV drug ads to take effect: 4 things to know

The FDA has implemented new rules for TV and radio drug ads, effective Nov. 20, aimed at making the advertisements more clear and direct in explaining medication risks and side effects, The Sun reported Nov. 15. 

Adolescent, young adult global cancer burden to increase 12% by 2050: 6 notes

The global cancer burden of adolescents and young adults is projected to increase by approximately 12% by 2050, according to a Nov. 15 study published in The Lancet Oncology. 

34 statistics on hospital profitability

Hospitals had a stable financial performance in September, with inpatient revenue and average length of stay increasing, according to Kaufman Hall’s National Hospital Flash Report.