Pittsburgh-based UPMC has made plans to raise minimum wage to $18 per hour, more than double the minimum wage in Pennsylvania. 

Mark Cuban Cost Plus Drugs Co. and pharmacy benefit manager RxPreferred Benefits partnered to bring Mr. Cuban's online pharmacy to employers and their members part of the PBM, the two companies said Jan. 11. 

Private equity firm Alpine Investors has invested in Medusind, a revenue cycle management company. 

Houston-based Memorial Hermann is one of the largest health systems in the country and recently has made some serious investments through its venture capital arm. 

A strike that ended Jan. 12 by about 7,000 nurses in New York City is indicative of issues that have long plagued hospitals across the U.S. — like staffing levels and employee safety, said Jennifer Mensik Kennedy, PhD, RN, the new president of the American Nurses Association.

Private equity healthcare deals were down in 2022 but still had their second-biggest year on record, a Jan. 10 report from Bain & Co. shows.

U.S. News and World Report on Jan. 10 released its best jobs ranking for 2023. Of the 190 jobs on the list, 56 were healthcare or healthcare support-related. 

Here are 11 hospital and health system COO moves that have been reported by Becker's since Dec. 1:

A record 42,887 organ transplants were performed in the U.S. last year, up 3.7 percent from 2021, according to preliminary data the United Network for Organ Sharing shared Jan. 10. 

Verily, the healthcare unit of parent company Alphabet, is cutting more than 200 jobs, or about 15 percent of its staff, The Wall Street Journal first reported Jan. 11.

After 40 years of service, a nurse at Pen Bay Medical Center, part of Portland-based MaineHealth, retired Jan. 6, the Courier-Gazette reported. 

The following hospital and health system CEO moves have been reported by Becker's since Jan. 4: 

Employees at Las Vegas-based Desert Springs Hospital Medical Center have been notified of layoffs coming to the facility, which will transition to a freestanding emergency department, The Las Vegas Review-Journal reported Jan. 10.

John Muir Health has entered into a definitive agreement with Tenet Healthcare to acquire sole ownership of San Ramon (Calif.) Regional Medical Center. 

Nashville, Tenn.-based Ardent Health Services partnered with SwitchPoint Ventures to launch an innovation studio focused on healthcare delivery and administration.

New Hyde Park, N.Y.-based Northwell Health has rolled out Northwell Health Pregnancy Chats, an artificial intelligence-powered chatbot designed to provide medical advice to pregnant patients.

While 2022 was one of the most difficult years financially for nonprofit healthcare systems, the outlook for 2023 does provide some cautious optimism, Fitch Ratings analysts said on a webinar Jan. 11.

Hospitals nationwide are facing capacity issues amid ongoing staffing shortages and an early and severe start to the respiratory virus season. Now, the rapid spread of XBB.1.5 — a highly transmissible omicron subvariant with a high capacity for immune escape — threatens to further magnify these challenges.

CMS on Jan. 11 unveiled key dates for the first year of the Medicare Drug Price Negotiation Program under the Inflation Reduction Act, a $739 billion package that aims to lower drug costs.

A new study from UC Davis Health has quantified the benefits of telehealth in terms of patients' cost savings and healthcare's carbon footprint.