Philadelphia-based University of Pennsylvania Health System recorded an operating income of $102.3 million (3.3% operating margin) in the first quarter of fiscal 2026, up from an operating income of $49.3 million (1.7% margin) during the same period last year, according…
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Medtronic has recalled certain DLP Left Heart Vent Catheters due to a defect that could cause serious injury or death. The recall applies to model numbers 12110, 12113 and 12115 with UDI-DIs 20643169880676, 20643169881338 and 20643169880935, according to a Dec.…
Axsome Therapeutics received FDA acceptance and priority review designation for its supplemental new drug application for AXS-05, a treatment for agitation associated with Alzheimer’s disease. The FDA set a Prescription Drug User Fee Act action date of April 30, 2026.…
HHS has frozen all federal child care payments to Minnesota, citing fraud allegations tied to a viral video and demanding a full audit of centers receiving funds. Deputy HHS Secretary Jim O’Neill announced the freeze Dec. 30 in a post…
A hacker sought to reroute payment funds at Yonkers, N.Y.-based St. John’s Riverside Hospital before the facility detected the incident. In September, the unauthorized party accessed a small number of employee email accounts to send phishing emails for the theft…
Florida lawmakers introduced a bill Dec. 17 that would create a pathway to permanent licensure for physicians practicing under temporary certificates in areas of critical need. Temporary certificates allow physicians licensed in other U.S. jurisdictions to practice at approved facilities…
Springfield, Ill.-based Hospital Sisters Health System has named CFOs for three of its markets. Amy Crouch has been appointed CFO of HSHS Wisconsin, which comprises Green Bay-based HSHS St. Vincent Hospital, Green Bay-based HSHS St. Mary’s Hospital Medical Center, Sheboygan-based…
Vanda Pharmaceuticals has received FDA approval for Nereus (tradipitant), an oral NK-1 receptor antagonist developed to prevent motion-induced vomiting. The approval makes Nereus the first new pharmacologic treatment for motion sickness in more than four decades. Its efficacy is supported…
Judy Faulkner, founder and CEO of Verona, Wis.-based Epic, has been named to Forbes‘ 2025 list of the “World’s 100 Most Powerful Women” for the second consecutive year. The 22nd annual list highlights women across countries and industries. Selection is…
A federal court has accepted the guilty pleas of two men accused of committing healthcare ransomware attacks while working as cybersecurity professionals. Ryan Clifford Goldberg and Kevin Tyler Martin pleaded guilty in U.S. District Court for the Southern District of…