Category: Static

Academic medical centers are scooping up hospitals

Academic health systems are coming to the rescue of community hospitals through creative alignments, partnerships and acquisitions to ensure access to care.

Lehigh Valley Health to end chiropractic services

Allentown, Pa.-based Lehigh Valley Health Network is cutting its chiropractic services and laying off 10 chiropractors effective April 12 due to restructuring.

10 most influential healthcare data analytics leaders

Ten healthcare leaders were named “Most Influential Data & Analytics Leaders in the USA’s Healthcare Sector for 2024” by Aim Research. 

Congress passes on another chance to halt Medicare physician pay cuts

Congress averted a government shutdown for now but opted not to halt the 3.37% Medicare pay cut hitting physician practices this year.

From hospital assets to creating healthy communities: How partnerships & investments can pave the road forward for health systems

Healthcare is in the middle of what seems like a never-ending roller coaster of change. With new disruptions and disruptors emerging daily, traditional health systems have two choices: lean in and adapt or fall behind as the challenges of change in hea…

Hopes high that private equity can help rural healthcare

About 66% of people said private equity can play a role in improving rural healthcare, according to a LinkedIn poll conducted by Becker’s. 

Northwestern operating profit jumps 47% in FY Q1

Chicago-based Northwestern Medicine posted an operating income of $110.1 million in the first quarter of fiscal 2024, which ended Nov. 30, a 47% increase from the $74.7 million reported during the same period last year. 

Intermountain physician group to close or sell

Nampa, Idaho-based Saltzer Health, a physician group that’s part of Salt Lake City-based Intermountain Health, is planning to shut down or sell by March 29 due to financial and economic challenges.

General Catalyst to retire $800M of Summa Health's debt

General Catalyst’s Health Assurance Transformation Corp. announced plans to acquire Akron, Ohio-based Summa Health Jan. 17 in a bid to broaden its healthcare portfolio. The transaction may improve the hospital’s financial position and debt situation.

Houston Methodist names hospital CEO

Michael Garcia, RN, COO of Houston Methodist Hospital, was selected as the new CEO of Houston Methodist Sugar Land (Texas) Hospital, according to an email to employees from Houston Methodist President and CEO Marc Boom, MD.