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Medical knowledge is expanding faster than any physician can absorb, and Dan Shields, CEO of digital medicine for New Orleans-based Ochsner Health, sees AI as the way to help them keep pace without taking clinical decisions out of their hands.…
Private equity firms own about 561 U.S. hospitals, according to the Private Equity Stakeholder Project’s latest hospital tracker, published Oct. 28. That is 11.9% of the nation’s 4,714 private, nongovernment hospitals and 33.6% of its 1,668 for-profit hospitals. The watchdog…
Charlotte, N.C.-based Advocate Health will invest $1.24 billion more in its employees in 2027, according to a Nov. 5 news release shared with Becker’s. Approximately $846 million of the investment will go toward additional compensation, including merit increases, pay structure…
How CEOs of competing hospitals build partnerships — and resolve trust issues
When seven rural hospitals decided to pursue federal rural health transformation funding together, the first step was getting rivals into the same room. “We left all our competition at the door, and in the room, we began to brainstorm: How…
Jefferson Health bought almost all of its software for decades. Its top technology executive now wants to reverse that model. “We grew up buying applications; we bought 99% of them,” Luis Taveras, PhD, executive vice president and chief digital and…
Care is leaving the hospital. Hospitals are getting busier anyway. Leaders from four West Coast health systems described both trends during a Nov. 3 panel at Becker’s CEO + CFO Roundtable. Vizient’s Sg2 projects outpatient volumes will grow 20% over…
When Medicare Advantage risk deals soured, St. Louis-based BJC Health took its value-based ambitions directly to employers. Over the last three years of renewals, its direct-to-employer population has averaged a 0.5% cost trend for pharmacy and medical combined. “Even with…
Renton, Wash.-based Providence is owed $1 billion by Medicare Advantage plans. About $600 million of it is from this year alone, according to President and CEO Erik Wexler, and he wants Congress to make payers pay faster. Mr. Wexler is…
After 35 years working in the same children’s health system — including 29 at the helm — Kimberly Chavalas Cripe “can’t wait” to meet her successor. Whenever that might be. Ms. Cripe arrived at Orange, Calif.-based Children’s Hospital of Orange…
The University of Texas at Austin shared plans Oct. 27 for UT Dell Medical Center, set to open in 2030, as it introduced UT Dell Medicine, its academic health system. UT Dell Medicine replaces the UT Health Austin name, which…
