Category: Static

IU Health operating income drops 66% to $15.4M in Q1

Indianapolis-based Indiana University Health reported $15.4 million operating income (0.7% margin) in the first three months of 2024, a 66% decrease compared to the $45.1 million (2.2% margin) for the same period in 2023, according to its most recent f…

The next 5 years of AI in healthcare

Hospitals have begun incorporating artificial intelligence into their operational and clinical workflows to identify areas where the technology boosts clinicians and improves efficiency. But there are risks and executive teams need a strong plan to sus…

HCA posts $1.8B income in Q1, CEO points to 'strong fundamentals'

Nashville, Tenn.-based HCA Healthcare posted $1.8 billion in net income for the first three months of 2024, up from $1.5 billion during the same time period in 2023, according to its most recent financial report.

Northwell cooking competition spices up patient menus

New Hyde Park, N.Y.-based Northwell Health is hosting its 12th annual cooking competition among its hospitals, where hospital chefs will present fine dining dishes to be assessed by a panel of judges.

Nemours Children's Health hospital taps chief medical officer

Nemours Children’s Health, Jacksonville (Fla.) named Andrew Stec, MD, vice president and chief medical officer.

Top-paying settings for 17 physician specialties

Offices of physicians and outpatient care centers are the top-paying settings for 10 of 17 physician specialties, according to Bureau of Labor Statistics data.

For-profit health systems' selling spree continues

The Franklin, Tenn.-based Community Health Systems announced April 18 it entered into a definitive agreement to sell 351-bed Tennova Healthcare-Cleveland (Tenn.) to Hamilton Health Care System in Dalton, Ga., for $160 million in cash. 

Do nonprofit hospitals sidestep FTC's noncompete ban?

The Federal Trade Commission voted to implement a sweeping noncompete ban that would have seismic effects on the healthcare industry and the U.S. economy more broadly. But questions remain around which nonprofit hospitals and other providers may be aff…

Queens Health System to buy psychiatric hospital from Sutter

Honolulu-based Queen’s Health System plans to complete its acquisition of an 88-bed psychiatric hospital from Sacramento, Calif.-based Sutter Health later this year. 

Kaiser notifies patients of breach, 3rd-party data sharing

Oakland, Calif.-based Kaiser Permanente is notifying current and former patients that it shared information with third-party advertisers, TechCrunch reported April 25.