14 health systems reporting operating losses in Q3
Financial headwinds, such as rising labor and supply costs, continued to challenge health systems during the third quarter.
Financial headwinds, such as rising labor and supply costs, continued to challenge health systems during the third quarter.
WVU Medicine Jackson General Hospital in Ripley, W.Va., has named Holly Hill-Reinert, MD, as its inaugural chief medical officer.
Rhee Perry, BSN, RN, has been appointed CEO of Southern Tennessee Regional Health System-Lawrenceburg, part of Brentwood, Tenn.-based Lifepoint Health, effective Jan. 6.
Rex Walk has been named CEO of Southeast Colorado Hospital District in Springfield.
COO moves at hospitals and health systems across the U.S. captured readers' interest in 2024, including retirements, appointments and resignations.
Revenue cycle management company Aspirion has acquired Boost Healthcare, a firm focused on helping providers identify and recover revenue.
CMS has launched a Nursing Home Staffing Campaign to address industry-wide workforce shortage concerns as organizations attempt to stop an impending minimum nursing home staffing rule in the courts.
Just one in five devices approved by the FDA for children actually included pediatric data in their algorithms, a recent Boston Children's study found.
In 2024, major retail healthcare players Walgreens, CVS Health, and Walmart have aggressively restructured through strategic divestments, layoffs, and the closure of underperforming assets, while pivoting toward virtual care, AI-driven efficiencies
New York City-based NewYork-Presbyterian reported an operating income of $123 million (4.5%) operating margin in the third quarter of 2024, up from an operating income of $81.8 million (3.3% margin) during the same quarter last year.