Healthcare-focused investment firm OrbiMed has raised over $4.3 billion in its three latest funds, The Wall Street Journal reported Oct. 24.

Kootenai Health, based in Coeur d'Alene, Idaho, said it is experiencing an issue with its EHR system platform.

From partnering with hospitals in Saudi Arabia to California, Oracle Cerner has had a busy 2023.

After reporting $16 billion in third-quarter revenue, Nashville, Tenn.-based HCA Healthcare said that the July data breach and the health system's ability to use its EHR could affect future earnings. 

Although hospitals and health systems continue to face financial headwinds, the challenges and problems spawn new opportunities on where they can innovate, David Sylvan, Cleveland-based University Hospitals' new chief strategy and innovation officer, told Becker's.   

Tacoma, Wash.-based MultiCare Health System collaborated with Microsoft to organize the multitudes of health data from sources including fitness trackers and phones.

Health systems stand to improve revenue cycle efficiencies, optimize labor, lower administrative costs and improve patient outcomes when leveraging artificial intelligence correctly. However, not every AI partnership and initiative will be successful, or beneficial, for healthcare providers long term.

A network issue at Tacoma, Wash.-based MultiCare Health System affected its EHR in its Puget Sound and Inland Northwest Region.

AQuity Solutions was named the top virtual scribe by Black Book Research in an October report.

Baptist Memorial Health Care, based in Memphis, Tenn., activated its Epic Cloud instance on Amazon Web Services.