Category: Static

FDA sets deadline to end sales of Ozempic, Wegovy copycats

Compounding pharmacies and telehealth companies selling lower-cost versions of Novo Nordisk’s Ozempic and Wegovy will soon have to halt production after the FDA set deadlines to phase out compounded semaglutide.

Orlando Health to lay off 900+ amid hospital closure, including execs

Orlando (Fla.) Health is eliminating 940 jobs amid the health system’s planned closure of Rockledge Hospital and four hospital-based outpatient departments on April 22.

Universal Health Services hospital accused of boosting profits with involuntary commitment practices

Washington D.C.-based Psychiatric Institute of Washington, a Universal Health Services hospital, is being accused of systematically committing patients without medical necessity to maximize insurance payments, The Washington Post reported Feb. 24.

HSHS outsourcing RCM

Springfield, Ill.-based Hospital Sisters Health System has selected Ensemble Health Partners for an end-to-end revenue cycle partnership. 

Some jobs, program funding restored: 4 White House updates

At least one federal healthcare program’s funding and some jobs have been reinstated following recent cuts at HHS, including the CDC, FDA and National Institutes of Health, according to reports from Reuters and The Hill.

Oracle Health moves to strengthen interoperability

Oracle Health has applied to become a Qualified Health Information Network (QHIN) under the Trusted Exchange Framework and Common Agreement (TEFCA), a U.S. government-endorsed initiative aimed at streamlining nationwide health data exchange.

Nuvance narrows operating margin to -3.4% ahead of planned Northwell merger

Danbury, Conn.-based Nuvance Health reported a $98.1 million operating loss (-3.4% margin) in fiscal year 2024, which ended Sept. 30, improving on a $164.2 million loss (-6.2% margin) in the year prior.

Illinois health system to switch to Epic

Quincy, Ill.-based Blessing Health System has embarked on an 18-month initiative to overhaul its EHR system, with plans to implement Epic.

How Tenet, CHS and HCA shrunk — or grew — in 2024

Tenet and Community Health Systems trimmed their hospital portfolios in 2024, while HCA’s grew larger:

Intermountain's 'no regrets' strategy to rise above uncertainties

Health system C-suites have started to plan ahead, looking at the five and 10 year horizons for strategic planning while staying nimble amid abrupt policy and technology changes. It can be a hard, but essential, balance to strike.