Today's Top 20 Healthcare News Articles
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Scripps CEO concerned further losses will risk borrowing ability
San Diego-based Scripps Health's clinic and coastal medical groups will stop participating in Medicare Advantage plans, effective Jan. 1, a move that will affect about 32,000 seniors enrolled in plans from UnitedHealthcare, Anthem Blue Cross, Blue Shield of California and Centene's Health Net, among others, according to the Encinitas Advocate. -
RWJBarnabas Health names 2 executive leaders
West Orange, N.J.-based RWJBarnabas Health has appointed two new executive leaders to its management team. -
3 tips for pharmacists looking to join hospital C-suites
Compared to COOs and CFOs, the pathway from pharmacy leader to a hospital C-suite is less established. Here's how three hospital C-suite executives with pharmacy backgrounds rose through the ranks.
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4 sentenced in nurse degree sham; more await sentencing
Four individuals in South Florida have been sentenced to prison for their role in a coordinated scheme to sell more than 7,600 fraudulent diplomas and transcripts to aspiring nurses, which enabled them to sit for the National Council Licensure Examination without completing the necessary coursework. -
Husband-wife duo sentenced for healthcare fraud scheme
An Ohio woman, who falsely represented herself as a physician, and her physician husband were sentenced for a healthcare scheme which led some patients to believe they had cognitive diseases. -
AHA: HHS should withdraw health-data tracking rule
The American Hospital Association is asking Congress to urge HHS to "immediately" rescind a rule restricting the use of third-party tracking technologies by hospitals and health systems. -
Biogen shutters digital health unit
Biotech company Biogen is shutting down its 150-person digital health unit that was focused on gathering health data from mobile devices, The Boston Globe reported Sept. 28.
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Yale has 'mounting concerns' about acquiring Prospect Medical hospitals
Yale (Conn.) New Haven Health signed a deal in November to acquire three hospitals owned by Prospect Medical. The slow regulatory approval process and a recent cyberattack that disrupted the hospitals' IT systems have Yale concerned about the viability of the transaction, according to the CT Mirror. -
Low leverage, strong operating position keep UHS ahead of peers
King of Prussia, Pa.-based Universal Health Services, one of the largest for-profit health systems in the country, is able to maintain a higher credit rating over many of its peers because of low leverage and a strong operating position, Fitch said Sept. 28. -
A 25-year CFO's secret to longevity
Healthcare CFOs' tenures last an average of 4.7 years, according to a recent report from Crist Kolder Associates. Mike Buongiorno served as the CFO of Radnor, Pa.-based Main Line Health for more than five times that average. -
Costco membership rate hikes 'a question of when, not if' amid healthcare bet
As Costco looks to break into healthcare through a new partnership with virtual care company Sesame, Costco CFO Richard Galanti said in a Sept. 26 earnings call that raising the cost of its membership is a 'question of when, not if.'
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Man with gun arrested at Vanderbilt's children's hospital
A man in possession of a loaded handgun was arrested Sept. 27 at Monroe Carell Jr. Children’s Hospital at Vanderbilt, NBC affiliate WSMV reported. -
St. Joseph's Health names new CEO
Dustin Riccio, MD, has been selected to be the new president and CEO of Paterson, N.J.-based St. Joseph's Health. -
Trinity rolls out hybrid nursing teams to 1K+ hospital beds
Some health systems employ virtual nurses for administrative work and watching patients who are at a high risk of falling. Trinity Health is diving into virtual care with three-person hybrid nursing teams, according to Gay Landstrom, PhD, RN. -
Sutter Health absorbs Central Coast clinic group
Sacramento, Calif.-based Sutter Health is expanding its California Central Coast presence with the integration of Sansum Clinic, a 36-facility outpatient network based in the Santa Barbara area. -
Mayo Clinic, Microsoft roll out generative AI project
Rochester, Minn.-based Mayo Clinic is deploying generative artificial intelligence technology from Microsoft to automate tasks for clinicians. -
How 23 health systems' labor costs are trending
The hospital workforce is critical to the care process and is most often the largest expense on a hospital or health system's balance sheet. Even before the pandemic, labor expenses — which include costs associated with recruitment and retention, employee benefits and incentives — accounted for more than 50 percent of hospitals' total expenses, according to the American Hospital Association. -
Woman pleads guilty to bomb hoax at Boston hospital
A Massachusetts woman pleaded guilty to calling in a hoax bomb threat against Boston Children's Hospital. -
The power of visibility for nursing leaders
Creating a top-ranking nurse culture comes down to a few things, but the No. 1 recommendation is leader visibility and availability, nursing leaders told Becker's. -
TriStar hospital names CFO
TriStar NorthCrest Medical Center in Springfield, Tenn., has appointed Haley Biggers CFO.
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