No private equity investor intends to own a physician practice platform indefinitely. The private equity model depends on eventually returning capital to investors, traditionally through a sale to another sponsor, an initial public offering (IPO), or a strategic acquirer. Today,…
When Somerville, Mass.-based Mass General Brigham first began experimenting with AI in its marketing department, the work looked like many other health systems’ early pilots: market research, analytics and creative testing. Mark Bohen, chief marketing and communications officer of Mass…
Madison, Wis.-based UW Health is reviewing more than 100 AI features arriving through an upgrade to one of its core technology platforms, illustrating the growing governance demands health systems face as AI capabilities become embedded in enterprise software. Frank Liao,…
Salt Lake City-based Intermountain Health is now majority owner of Idaho Falls Community Hospital and Mountain View Hospital, both in Idaho Falls, Idaho, after acquiring Surgery Partners’ ownership stake in the facilities. “This investment reflects our long-term commitment to supporting…
Health systems and hospitals with successful skilled nursing facility bed leasing programs have many of the same best practices: value alignment, transparency around patient selection, recurring check-ins and more. Most hospitals and health systems left the SNF business long ago,…
Cambridge, Mass.-based Beth Israel Lahey Health has signed a multiyear partnership with the Boston Bruins that names the health system the team’s official healthcare partner. The partnership will include health and wellness initiatives, community events and youth hockey programming involving…
HHS Secretary Robert F. Kennedy Jr. appointed eight new members to the U.S. Preventive Services Task Force, bringing the influential preventive care panel to 16 members. Mr. Kennedy made the appointments Sept. 17 through the Agency for Healthcare Research and…
Chesterfield, Mo.-based Mercy and the Alice L. Walton Foundation broke ground Sept. 17 on a more than 120-acre healthcare campus in Bentonville, Ark. Five things to know: 1. Construction has begun on the AWSOM Whole Health Campus’ first building, the…
Carrie Scott has been named CFO of Bothwell Regional Health Center in Sedalia, Mo., according to a Sept. 16 news release. Ms. Scott has 20 years of healthcare financial experience. Prior to her new role, Ms. Scott served as Bothwell’s…
Clearwater, Fla.-based BayCare named Brendan Malik, MD, its vice president of physician enterprise development and chief medical officer. In the newly established physician enterprise development role, Dr. Malik will provide leadership and strategic alignment for physician development and integration, service…
