Vanderbilt University Medical Center is reducing its budget by $250 million amid uncertainty surrounding federal funding levels. “In response to recent [federal] administrative orders impacting financial resources for medical research, it is necessary for VUMC to strategically reduce research operating…
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Dallas-based Tenet Healthcare’s rating was upgraded to “BB-” from “B+” by Fitch. The upgrade reflects an improving competitive position, with its ambulatory care segment “durably delivering robust EBITDA growth” and recent divestitures funding significant debt reduction and enhancing liquidity, Fitch…
Average weekly travel nurse pay in the U.S. in March was $2,282.20, down 0.12% from February and down 2.89% from March 2024, according to data shared with Becker’s from Vivian, a healthcare career marketplace. Here is the average weekly travel…
Hospital financial performance held steady in February, although hospitals saw a drop in patient demand and utilization, according to Strata. The firm collected data from 1,600 hospitals to measure financial and operational performance. Here are five observations from the report…
New York City-based The Icahn School of Medicine at Mount Sinai has established a new research center focused on using AI to accelerate drug development. The AI Small Molecule Drug Discovery Center will integrate AI with traditional drug discovery methods…
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A federal judge in Texas has ruled that the FDA does not have the authority to regulate laboratory developed tests as medical devices, striking down the agency’s recently finalized rule. The decision, issued in the U.S. District Court for the…
Retail clinic and urgent care center visits declined 12% nationwide from 2022 to 2023, a March 31 white paper from Fair Health found. The report also found that ambulatory surgery center utilization decreased by 7%, and telehealth use declined by…
After a sluggish few years, hospital and health system dealmaking is gearing up for a resurgence in 2025 — driven by labor headwinds, tightening margins and the urgent need to modernize, according to BRG’s “2025 US Healthcare & Life Sciences…
Healthcare workers at Santa Clara County (Calif.) hospitals and public health labs held a three-day strike March 24-27 as they seek a new labor contract, union and county spokespeople confirmed to Becker’s. The strike involved nearly 200 members of Engineers…
The White House issued an executive order March 19 aimed at strengthening cybersecurity and protecting critical infrastructure from cyberattacks. The order calls on states and communities to take the lead in safeguarding infrastructure and addressing risks such as cyberattacks, natural…