Ascension came out of the COVID-19 pandemic losing more than $3 billion a year. The St. Louis-based health system had 140 hospitals across 16 markets, geographically dispersed and primed for transformation. The leadership team realized they need to go beyond…
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Samantha Bingman has been named CFO of Dallas-based Baylor Scott & White’s College Station region, a spokesperson for the system confirmed with Becker’s. The region includes Baylor Scott & White Medical Center – College Station, a five-story, 142-bed hospital on…
Covington, La.-based AVALA has appointed Jomel Whittington as CEO, succeeding longtime CEO William “Bill” Hankins, who retired. Mr. Whittington previously served as president of the AVALA Physician Network, where he oversaw the expansion of services to include primary care, orthopedics,…
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.…
In this episode, Hayley Park, PharmD, Chief Pharmacy Officer at Blue Shield of California, discusses Pharmacy Care Reimagined, biosimilar adoption and strategies to lower prescription drug costs. She also explores pharmacy industry trends, California policy changes and the importance of…
Medline plans to raise prices for hospitals and other customers Jan. 1 after concluding that inflation will last through 2027, executives said on the company’s Nov. 4 earnings call, according to a Nov. 4 report from Crain’s Chicago Business. The…
AstraZeneca made a nonbinding offer of about $10 billion to acquire Rhythm Pharmaceuticals, a maker of rare obesity treatments, according to a Nov. 4 Wall Street Journal report. Neither company has confirmed the offer. AstraZeneca made a $124-per-share offer last…
Madrigal Pharmaceuticals’ former head of clinical development sued the company Oct. 9, alleging he was forced out after raising concerns about liver injury data and efficacy results for its MASH drug Rezdiffra, according to a complaint filed in the U.S.…
Dover, Del.-based Bayhealth has named David May, MD, senior vice president and chief physician executive, effective Nov. 2. In his new role, Dr. May will oversee medical education, quality and medical affairs, Bayhealth Medical Group and the chief medical information…
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…