Health system CIOs and CFOs are accountable for driving forward the CEO’s vision and powering strategic priorities. The most effective duos have learned to speak each others’ language and respect their partner’s expertise.
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Private equity and healthcare: Renewed questions amid mounting scrutiny
For the past decade, private equity firms have invested more than $1 trillion into U.S. healthcare. This meteoric rise in corporate investing in healthcare over the past 10 years may now be hitting its first real speed bump.
Hospitals prepare for months-long supply disruptions after Helene, port strike
The healthcare industry has recently been facing significant supply chain challenges between the temporary Baxter North Cove plant closure and the East and Gulf Coast port strikes. The disruptions have raised concerns about the availability of critical…
Trinity cuts contract labor by 25%, revenue grows to $23.9B: 6 things to know
Livonia, Mich.-based Trinity Health reported a $68.4 million operating income (0.3% margin) in the fiscal year ending June 30, compared to a $288 million operating loss (-1.3% margin) in the previous fiscal year, according to financial results publishe…
Duke LifePoint names physician group COO
Theresa Fink has been named market vice president and COO of Conemaugh Physician Group after serving in the role on an interim basis since May.
Wyoming hospital trustee steps down
Mark Hoskinson, MD, resigned as trustee of the board that oversees Gillette, Wyo.-based Campbell County Health to focus on a clinic he owns.
Hospital expense growth slows: 36 statistics
Expenses were relatively flat for nonprofit hospitals in August compared to July, according to Kaufman Hall’s National Hospital Flash Report.
Connecticut hospital physicians report pay disruptions: 5 things to know
Some physicians at Manchester (Conn.) Memorial Hospital said they are seeing payment disruptions with respect to Prospect Medical Holdings, which owns the facility, Connecticut Public Radio reported Oct. 2.
Biden administration awards $367M to replenish PPE
The Biden administration awarded more than $367 million in contracts to bolster the Strategic National Stockpile with personal protective equipment, specifically isolation gowns, as part of an effort to prepare for future public health emergencies.&nbs…
'This is not the step we wanted to take': UVM halts construction of $129M facility
Burlington-based University of Vermont Medical Center, part of Burlington-based The University of Vermont Health Network, has temporarily paused construction on a $129 million outpatient surgical center.
