Medicare Advantage now covers about 55% of eligible beneficiaries (about 35 million people) and costs the federal government a projected $76 billion more in 2026 than traditional fee-for-service Medicare would, according to a March report by the Medicare Payment Advisory…
Academic Medical Centers
While academic medical centers have long run on hospitals generating the margin, medical schools advancing education and research, and faculty practice plans delivering patient care, that three-part arrangement is under financial strain. Drawing on data from 61 AMCs, Vizient’s March…
Orange, Calif.-based UCI Health plans to lay off about 150 workers — about 1% of its workforce — as part of a “strategic restructuring” amid widespread financial pressures, including federal funding cuts and changes to insurance reimbursement. Affected roles include…
Mass General Brigham took its academic medical centers from the bottom quartile in the nation on mortality to the top five with two changes. “There’s been an increasing disconnect between the front line and hospital administration,” Rachel Sisodia, MD, chief…
“Uncertainty” is a healthcare buzzword that has fallen from the lips of many hospital and health system CFOs in recent years — not as a complaint, but as a caution of a condition that must be managed. “The uncertainty makes…
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Philadelphia-based Jefferson Health has been ordered to pay $108 million in a birth injury malpractice lawsuit, one of the largest jury awards in Pennsylvania in recent years, The Philadelphia Inquirer reported March 20. A Philadelphia jury found physicians at Einstein…
Mark Whalen has spent the better part of three years helping Philadelphia-based Jefferson Health get bigger. Now he’s focused on helping it get better. Mr. Whalen served as Jefferson’s chief integration officer through its combination with Lehigh Valley Health Network…
Saturday is a key part of the routine for Albany Medical Center Hospital’s president and CEO. Jason Mouzakes, MD, who was named to the role in early March, uses the day as one way to connect directly with staff across…
Todd Roberts, CFO of Cheshire Medical Center in Keene, N.H., a member of Lebanon, N.H.-based Dartmouth Health, has detailed the complexities surrounding a strategic partnership with the health system’s 340B program. Mr. Roberts, who joined the hospital in April 2025,…
UPMC Enterprises has invested in a series A funding round for RAAPID, an AI startup focused on risk adjustment and medical coding that is also backed by Microsoft venture fund M12. RAAPID’s AI platform links diagnoses to clinical evidence from…