Category: Static

Scripps Health sees 998% operating margin increase in Q1

San Diego-based Scripps Health reported a $73.1 million operating income (5.6% margin) on revenues of $1.3 billion for the first quarter of 2024, ended Dec. 31, 2023, compared to a $5.7 million operating income (0.51%) on revenues of $1.1 billion over …

Former ED director sues Vermont hospital over alleged retaliation

Copley Hospital in Morristown, Vt., is facing a wrongful termination lawsuit filed by its former emergency department director, who is alleging the hospital retaliated against him after he raised safety concerns related to the switch to a new records s…

FDA panel recommends 2 new CAR-T therapies

After the FDA questioned the safety of two CAR-T therapies, members of the agency’s Oncologic Drugs Advisory Committee voted unanimously to recommend Carvykti, made by Janssen Biotech, and voted 8-3 in favor for Abecma, from Bristol-Myers Squibb K…

Middle management's shaky future

Middle managers are increasingly on the chopping block, Bloomberg reported March 15. 

Joint Commission names inaugural 'president's fellow'

The Joint Commission has established a new “President’s Fellowship for Healthcare Quality and Safety,” and has given Carla Pugh, MD, PhD, the inaugural title. 

The Change Healthcare cyberattack: A timeline

The most significant and consequential cyberattack in American history began Feb. 21 against UnitedHealth Group’s Change Healthcare, crippling financial operations for hospitals, insurers, pharmacies and medical groups nationwide.

Henry Ford Health plans to save $30M with centralized pharmacy

Detroit-based Henry Ford Health said its centralized pharmacy services center, which opened in September, is designed to save the system $30 million over five years. 

Penn Medicine hospital's immediate jeopardy lasted 5 hours

In November, CMS placed a Penn Medicine hospital in immediate jeopardy for five hours after a possible preventable death. The corrections were published in late February. 

Montefiore climbs out of the red

New York City-based Montefiore Health System reported an operating gain of $93.9 million in 2023, up from an operating loss of $98.5 million in 2022, according to its financial report released March 15. 

Why researchers from GSK, Duke halted RSV vaccine trial

The risk of preterm birth was 37% higher for mothers involved in a phase 3 respiratory syncytial virus maternal vaccine trial than the control group in a clinical trial led by pharmaceutical giant GSK and researchers from Durham, N.C.-based Duke Univer…