Category: Static

44 ACOs to know | 2024

Accountable care organizations, or ACOs, are physician- and health system-led groups that ascertain and apply savings in healthcare delivery. These organizations often work in partnership with Medicare programs, while also providing care for private in…

5 hospital closures in 1 month

While many hospitals are continuing to see margin improvements, other facilities continue to face financial setbacks related to cost and workforce challenges, among others, ultimately leading to service cuts and closures. 

John Hopkins medical center seeks $3M for behavioral health unit

The John Hopkins Howard County Medical Center Foundation launched a new campaign to raise $3 million to expand its behavioral health unit in Columbia, Md. 

What could make physicians stay: Survey

Physicians surveyed by McKinsey shared insights on the workforce shortage, including changes that could be made to encourage them to remain with their current healthcare organization.

Revenue cycle automation co. raises $29M

Revenue cycle automation platform Candid Health raised $29 million in Series B funding. 

Organ collection group under scrutiny for inappropriate organ-retrieval tactics

Kentucky Organ Donor Affiliates is under investigation after allegations that it tried to pressure its personnel to retrieve organs from a hospital patient who was awake and later left the facility alive, The Wall Street Journal reported Sept. 11.

UTHealth Houston, OpenAI partner

UTHealth Houston is entering into a partnership with OpenAI, the organization that developed ChatGPT.

Patients caught in crossfire as hospital-payer fights escalate

The rising cost of care, growing Medicare Advantage pain points, and frustrations over not receiving appropriate or timely payments from commercial insurers are key factors driving health systems to take a tougher stance in contract renewal negotiation…

Pharmacy owners donate $38M to UIC

University of Illinois Chicago’s pharmacy school was gifted a $36 million endowment gift from the estate of late Chicago pharmacy owners Herbert and Carol Retzky, the Chicago Tribune reported Sept. 13. 

Beth Israel Lahey Health delays hospital service closure

Cambridge, Mass.-based Beth Israel Lahey Health has postponed the closure of Exeter (N.H.) Hospital’s advanced life support paramedic intercept program after intervention from the New Hampshire attorney general’s office, ABC affiliate WMUR reported Sep…