Category: Static

Labcorp completes acquisition of Providence, Baystate outreach lab businesses

In two separate deals, Labcorp completed acquisitions of outreach laboratory businesses from Renton, Wash.-based Providence and Springfield, Mass.-based Baystate Health.

Jackson Health lays off hospital CEO, staff amid financial woes

Jackson Health System has reduced compensation programs for senior leaders; laid off fewer than 25 people, including one hospital CEO; and frozen many vacant positions, especially in support and nonclinical areas, a spokesperson for the Miami-based org…

McLeod Health breaks ground on $56M South Carolina hospital

Florence, S.C.-based McLeod Health broke ground on a $56 million hospital at its McLeod Health Carolina Forest Campus on April 22 in Myrtle Beach, S.C.

Skipping Ozempic before surgery may not be needed

Since summer 2023, physicians have recommended patients taking GLP-1s, such as Ozempic or Mounjaro, to skip a dose before an elective surgery. Researchers from Stanford Medicine say this might be unnecessary and create adverse effects. 

Arkansas system's payer strategy sparked big financial turnaround

The last few years have been challenging for hospitals and health systems across the U.S., especially smaller regional systems and independent hospitals. But now many C-suite leaders are setting their sights on growth again.

Big health system, payer CEO salaries ranked

Most of the top-earning executives at some of the nation’s largest for-profit healthcare organizations saw their overall compensation increase in 2023, according to proxy statements recently filed with the Securities and Exchange Commission.

Female physicians have lower patient mortality, readmission rates: Study

Patients treated by female physicians have lower mortality and readmission rates, a recent study found.

New York health system names network VP of revenue cycle

Valhalla, N.Y.-based Westchester Medical Center Health Network has named Vanessa Mackay network vice president of revenue cycle, according to an April 22 post on her LinkedIn page. 

California hospital to lay off 191 workers as it faces loss of Medicare contract

Stanislaus Surgical Hospital in Modesto, Calif., which is facing a decision from CMS to end its Medicare contract, is laying off 191 employees, according to regulatory documents filed with the state April 15.

25 states at most risk of rural hospital closures

Rural hospital closures picked up in 2023 and nearly 700 rural hospitals face continued risk of closing due to serious financial challenges, with some states facing critical conditions in the short term.