King of Prussia, Pa.-based Universal Health Services projects net revenues to hit up to $15.7 billion in 2024, which would represent year-year-year growth of up to 10%, executives said during the company’s Feb. 28 earnings call.
Category: Static
Lawsuit alleges Texas system hiring physicians as professors to dodge malpractice claims
What began as a medical malpractice lawsuit against a Texas urologist has evolved into a broader accusation, The Texas Tribune reported Feb. 23.
Trinity Health affiliates sue anesthesia provider over noncompetes
Two affiliate hospitals of Livonia, Mich.-based Trinity Health filed lawsuits Feb. 26 against North American Partners in Anesthesia, alleging the group’s noncompete clauses stifle competition and violate antitrust laws.
Walgreens to pull VillageMD clinics from Illinois
Walgreens’ Village MD is planning to exit the Illinois market in April, a spokesperson confirmed to Becker’s on Feb. 28.
2-midnight rule offers 'incremental opportunity,' UHS CFO says
Steve Filton, CFO of King of Prussia, Pa.-based Universal Health Services, shares the cautious optimism on CMS’ two-midnight rule as other for-profit CFOs.
Care quality, safety 'worse than expected' during COVID-19 PHE: CMS
A new CMS report reveals disparities in care quality and patient safety within U.S. hospitals before and during the pandemic, finding “a large proportion of measures had worse than expected performance.”
Adventist to acquire 2 Tenet hospitals
Roseville, Calif.-based Adventist Health has signed definitive agreements to purchase two California hospitals from Dallas-based Tenet Healthcare.
Mayo to open Wisconsin hospital this fall
Rochester, Minn.-based Mayo Clinic is on track to open a $198 million hospital at its La Crosse, Wis., campus this fall, WEAU reported Feb. 28.
Johns Hopkins pathologist resigns after misconduct allegations
A prominent pathologist at Baltimore-based Johns Hopkins Hospital, who was placed on administrative leave beginning in May amid misconduct allegations, has resigned his post, the physician and hospital confirmed to The Washington Post.
Adventist heart hospital rebrands
Bakersfield (Calif.) Heart Hospital has been renamed by its new owner, Roseville, Calif.-based Adventist Health, Bakersfield.com reported Feb. 28.
