Declining reimbursements are one of, if not the biggest pressure point facing orthopedics today, which could result in a decline in access to specialists if the situation does not change. There is currently a huge gap between the high patient…
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As health systems continue to grapple with financial pressures from rising labor and supply costs and reimbursement challenges, days cash on hand remains an important measure of financial stability. Here are the days cash on hand at 32 health systems…
Phoenix-based Southwest Orthopedic and Spine Hospital — doing business as Oasis Hospital — has agreed to pay $5.6 million to resolve allegations that it violated the False Claims Act by maintaining improper financial relationships with a referring physician group. The…
The American hospital landscape is in constant motion. Fueled by demographic shifts, consolidation pressures and a post-pandemic push to expand capacity, many of the nation’s largest health systems are growing at a remarkable pace by adding patient towers, absorbing regional…
Riverside Shore Memorial Hospital in Onancock, Va., has appointed Kristie Finney as its permanent president. Ms. Finney has served as the hospital’s interim president since November, according to a Feb. 25 hospital news release. She previously was senior director of…
Chicago-based Rush University System for Health has appointed Gina Rodriguez as senior vice president and chief development officer, effective April 6. Ms. Rodriguez will lead the system’s philanthropic strategy as Rush advances “Without Boundaries: The RUSH Campaign,” its comprehensive fundraising…
The FDA has placed a partial clinical hold on a cancer drug trial following four safety events, including one death, according to a Feb. 25 announcement from MacroGenics. The partial hold pauses enrollment for MacroGenics’ phase 2 study on lorigerlimab,…
The CEO and president of Vizient, Byron Jobe, said Feb. 25 that “systemness,” not scale, will define healthcare’s next era. After years of “scale, diversification and integration” to ward off industry headwinds, health system leaders are shifting to a new…
If hospitals do not blend their procurement decisions with overall performance strategy, they risk patient harm and losing CMS accreditation, according to a Feb. 24 article from Vizient, a healthcare performance improvement company. On Jan. 1, the Joint Commission implemented…
Aurora, Colo.-based UCHealth is rolling out Abridge’s AI scribe across the organization after a successful nine-month pilot. The health system trialed the solution with 250 providers in 2025, experiencing improvements in patient experience and clinician workflows, before expanding it to…