Category: Static

OSF improves margin by 4.6% in fiscal Q1

Peoria, Ill.-based OSF HealthCare transformed a $43.2 million operating loss (-4.5% margin) in the fiscal first quarter ending Dec. 31, 2022, into a $0.9 million operating gain (0.1% margin) in the same quarter in 2023. The turnaround is a 4.6% improve…

The state where all hospitals are on track to earn new Joint Commission certification

All hospitals in Massachusetts are meeting a health equity accreditation standard that The Joint Commission introduced last year, making it the first state to be recognized for the accomplishment. 

Michael Dowling on a turning point for healthcare CEOs

Northwell Health CEO Michael Dowling remembers the skepticism he encountered when elevating gun violence as a public health issue a few years ago. Now the fight is onto bigger conversations and pursuits. 

20 hospitals that won the most NIH money in 2023 — and how much they got

In 2023, six of the 20 most-awarded hospitals by the National Institutes of Health were located in  Boston — and the No. 1 hospital won more than $272 million more than the second in line. 

HCA Florida opens $15.5M freestanding ED

Kissimmee-based HCA Florida Osceola Hospital, part of Nashville, Tenn.-based HCA Healthcare, has opened HCA Florida Osceola East Emergency, its $15.5 million freestanding emergency room, in St. Cloud (Fla.).

Anesthesiology group must cut ties with 5 hospitals: Colorado AG

Colorado Attorney General Phil Weiser has announced an agreement with U.S. Anesthesia Partners that resolves the private equity-backed company’s alleged anticompetitive business practices that drove up prices for consumers receiving surgical anesthesia…

'Sun King CEOs' and the 5-day workweek

Some organizations are exploring the benefits of a shortened workweek, while others — often high-profile companies — are taking a hard lean the other way. 

HCA unveils executive performance incentive pay for 2024

Nashville, Tenn.-based HCA Healthcare revealed its plans for the 2024 Executive Officer Performance Excellence Program in a Feb. 26 Form 8-K filed with the SEC.

Hospital CEO turnover down year over year

Hospitals and health systems reported 11 CEO changes last month, marking a 52% decrease from the same month in 2023. 

UnitedHealth says most pharmacies have 'effective workarounds' amid Change cyberattack

UnitedHealth Group estimates 90% of the 70,000-plus pharmacies in the U.S. using Change Healthcare’s platform have modified electronic claims processing to mitigate effects of the cybersecurity incident that hit the company last week.