Madelia (Minn.) Health will close its only pharmacy May 28 due to rising costs. The location is the sole pharmacy in Lake Crystal, Minn., which has a population of 2,539, according to a May 12 Free Press report. The drugstore…
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Seventeen healthcare organizations are partnering with venture firm Abundant Venture Partners to support a new platform aimed at building companies that benefit healthcare providers. The Abundant Platform accelerates the commercialization of companies through the Abundant Venture Studio, according to a…
Rockville Centre, N.Y.-based Catholic Health confirmed May 15 that the system laid off approximately 1% of its employees amid today’s industry challenges. “To navigate the unprecedented challenges facing healthcare, we’ve implemented a plan to reduce expenses while continuing to invest…
Leslie Beining, MSN, RN, has been appointed chief nursing officer of OhioHealth Van Wert Hospital. Ms. Beining has more than two decades of leadership experience, most recently serving as the hospital’s senior advisor of operations. Previously, she served as manager…
Christopher Strear, MD, has joined Salt Lake City-based Intermountain Health as chief medical officer of St. Vincent Regional Hospital in Billings, Mont. Dr. Strear is an emergency medicine physician with more than two decades of experience in healthcare leadership. He…
Fresno, Calif.-based Community Health System and its affiliate Physician Network Advantage have agreed to pay $31.5 million to settle allegations they provided extravagant benefits to physicians in exchange for patient referrals to the system’s facilities. Five things to know: 1.…
New York City-based NYU Langone Health has received a $15 million gift from the Blavatnik Family Foundation to advance biomedical research. The donation will support research on gene regulation, antibiotic resistance and cellular mechanisms that influence cancer and aging. The…
Iowa City-based UI Health Care named Bevan Yueh, MD, inaugural chief physician executive. Dr. Yueh will step into his new role July 31. He will oversee clinical care across the system, including hospitals, physician groups and current and future sites…
Houston-based Texas Children’s Hospital and the University of Texas MD Anderson Cancer Center have received a $150 million gift from Kinder Foundation. Seven things to know: 1. The gift, one of the largest philanthropic donations made to an American pediatric…
A new study has found GLP-1s may reduce the risk of developing obesity-related cancers by 41% compared to bariatric surgery — a benefit researchers believe could be tied to the drugs’ ability to reduce inflammation. The findings, published May 11…