Pittsburgh-based UPMC posted a $103 million operating loss (-1.4% margin) in the first quarter of 2024, down from an operating gain of $100 million (1.5% margin) posted over the same period last year, according to its May 22 financial report.
Category: Static
Union attempt to carve out NewYork-Presbyterian met with $25M bill: WSJ
A union faced a $25 million expense when it tried to drop NewYork-Presbyterian from its Aetna provider network, a price tag reportedly tied to past medical services, The Wall Street Journal reports.
Overlake inks deal to join MultiCare
Bellevue, Wash.-based Overlake Medical Center & Clinics has signed an affiliation agreement with Tacoma, Wash.-based MultiCare Health System, building upon the longstanding relationship between the two organizations.
Oncologists should 'revisit' end-of-life care goals: Yale, MD Anderson study
Administering more treatments to advanced, end-of-life cancer patients did not increase their length of survival, according to a joint study from researchers at Yale Cancer Center in New Haven, Conn., and the University of Texas MD Anderson Cancer Cent…
Tufts Medicine to lay off 174 employees, including leaders
Burlington, Mass.-based Tufts Medicine will lay off 174 employees due to industry challenges, the health system confirmed in a May 21 statement shared with Becker’s.
CommonSpirit names president for 5 Utah hospitals
Jeremy Bradshaw was appointed president of CommonSpirit Health’s Greater Salt Lake Market.
Efforts to broaden midwife care in Maryland stall
Maryland’s multiyear, legislative push to expand the role of licensed midwives in the state to include care for former cesarean section patients wanting at-home birth for their next child, has come to an end.
PeaceHealth taps 2 chief hospital executives
Vancouver, Wash.-based PeaceHealth has appointed two new chief hospital executives to its leadership ranks.
CDC tells states to monitor H5N1 flu through summer
The CDC is asking health officials in all 50 states to continue monitoring the prevalence of influenza as H5N1 bird flu infections among poultry and livestock increase and have begun to prompt concern over the possibility of human-to-human transmission…
10 recent hospital lawsuits, settlements
From the Connecticut Hospital Association filing a lawsuit against Prospect Medical Holdings to the Cleveland Clinic settling False Claims Act allegations, here are 10 lawsuits, settlements and legal developments Becker’s has reported since May 6:
