Today's Top 20 Healthcare News Articles
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Digital health venture capital deals stagnate
Digital health deal values plummeted in 2023, even as the number of deals increased, according to Pitchbook. -
Oracle Health in the last 30 days
Oracle Health, which ranks No. 2 in U.S. hospital EHR market share, had a busy March. Here are seven headlines from the company formerly known as Cerner. -
34 recent CEO exits
Ousters, retirements and a slew of C-suite switch-ups — Becker's has reported the following hospital and health system CEO departures in 2024.
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Retirement runway lengthens for some CEOs
Amid an uptick in abrupt CEO exits, some hospital leaders are drawing out their departures. -
$5 Ozempic? New study sparks calls for Novo Nordisk to cut prices
While the list price for a monthly supply of Ozempic in the U.S. nears $1,000, new research indicates it could be manufactured for less than $5 per month, sparking calls from lawmakers for Novo Nordisk to lower the price of its blockbuster diabetes and weight loss drug. -
Walgreens sees $5.8B loss from VillageMD
Walgreens is marching on in its downsizing and bearing the costs tied to it, as its results for the second fiscal quarter of 2024 show. -
HonorHealth exits the red with $32.8M operating gain
Scottsdale, Ariz.-based HonorHealth reported a $32.8 million operating gain (1.1% margin) in 2023, up from a loss of $4.3 million (-0.2% margin) in 2022, according to financial documents published March 27.
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CMS floats 2.8% pay bump for inpatient rehab facilities
CMS has released its proposed rule for inpatient rehabilitation facilities, which would see an estimated 2.8% increase in payments in 2025. -
R1 RCM reports data breach
R1 RCM has notified patients potentially affected by a cybersecurity incident that involved personal identifiable information and personal health information. -
CISA proposes rule for hospitals to disclose ransom payments
Hospitals and health systems may soon need to report a cybersecurity incident to the federal government within 72 hours and ransom payments within 24 hours. -
Alabama's 1st African American female hospital CEO dies
Sandral Hullett, MD, former CEO of Cooper Green Mercy Hospital in Birmingham, Ala., has died, according to The Birmingham Times.
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Healthcare billing fraud: 8 recent cases
From a former Georgia insurance commissioner pleading guilty to his role in a $2.5 million scheme to a durable medical equipment company owner sentenced to prison for "one of the largest Medicare fraud schemes in history," here are eight healthcare billing fraud cases Becker's has reported since March 14: -
The skills hospital CEOs are refining — and how they're doing it
Researchers have argued that there is no perfect CEO personality, and leaders of hospitals and health systems possess an array of qualities and strengths, ranging from softer skills such as honesty and openness to financial and technical knowledge. However, there are certain skills some are particularly focused on right now in today's challenging healthcare environment. -
Yale New Haven Health gets green light from Connecticut to buy 3 Prospect hospitals
The Office of Health Strategy in Connecticut has approved a certificate-of-need application from Yale New Haven (Conn.) Health that puts it one step closer to purchasing three Connecticut hospitals from Los Angeles-based Prospect Medical Holdings. -
The meds that could increase heart damage in young adults
Young adults prescribed stimulant medications for attention-deficit/hyperactivity disorder are 57% more likely to develop cardiomyopathy after eight years compared to those not on stimulants, a new study found. -
Kaiser-target Geisinger posts $366.6M net income in 2023
Danville, Pa.-based Geisinger Health posted a net income of $366.6 million in 2023, after posting a net loss of $834 million in 2022, according to its financial report for the year ended Dec. 31. -
Why a Texas system hasn't hired a travel nurse in 30 years
Beth Schmidt remembers the last time Fort Worth, Texas-based Cook Children's Health Care System hired a travel nurse, and it was not recently. -
HHS unveils 5-year health IT strategic plan
HHS released its Federal Health IT Strategic Plan March 27, addressing the agency's plans to modernize national public health data infrastructure and promote interoperability with EHRs. -
AI expertise gets more expensive as hospitals bulk up
Health systems are evaluating the best strategy for integrating artificial intelligence into the broader organization, which sometimes means bringing on additional AI expertise. -
A popular healthcare myth debunked
Many in the healthcare industry assume rural hospitals are inherently worse off financially than urban hospitals. It's easy to see why.
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