Medical supplies cost hospitals $146.9 billion in 2023 — an uptick from about $140 billion expenses a year prior, the American Hospital Association said in a May update of its Costs of Caring report.
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A nurse retention factor few are talking about, per Johns Hopkins
New research from Johns Hopkins suggests that relationship dynamics between nurses and leadership, peers and patients may be an underappreciated factor in retention.
2 Community Health Systems Oklahoma hospitals tap assistant CFO
AllianceHealth Durant (Okla.) and AllianceHealth Madill (Okla.), both part of Franklin, Tenn.-based Community Health Systems, have tapped Ernest Borjas as their new assistant CFO.
Top 5 AI concerns for nurses
Nurses have been expressing concern about healthcare artificial intelligence lately, with some even marching in protest against the technology. But what are their main qualms with AI?
A thoughtful exit from the C-suite
Stepping away from the C-suite takes many forms, and hospital and health system executives leave for a variety of reasons, including to retire or to take on new challenges. However, each individual must consider that transition from a business, emotion…
What health systems need to 'win in every market'
Healthcare is becoming a consumer-based industry as patients have more freedom to choose when and where they receive care. Hospitals are adjusting their operating models as a result.
New York hospital grows ancillary service revenue to $500M
Kathy Parrinello, executive vice president and COO of University of Rochester (N.Y.) Medical Center, Strong Memorial Hospital, saw an opportunity to grow revenue by rethinking ancillary service line strategy, particularly in outpatient pharmacy.
US offers $10M for hospital hacker after indictment
The U.S. government has charged the alleged mastermind of a hacking group that extorted hospitals.
Child dies in gene therapy trial; Pfizer pauses study
A boy has died in Pfizer’s phase 2 study of its gene therapy candidate for Duchenne muscular dystrophy, a rare genetic disorder that primarily affects boys, according to a patient advocacy group.
CommonSpirit taps market CFO
Chicago-based CommonSpirit has named Jeff Daneff CFO of its California Central Coast market, according to a May 7 post on his LinkedIn page.
