Nonprofits’ 2024 outlook still ‘deteriorating,’ Fitch says
Next year will be another “make or break” year for the nonprofit sector, with success determined by hospitals’ labor agenda.
BrainChild Bio spins out of Seattle Children’s to develop cancer drugs
The company plans to develop CAR-T cell therapies to treat pediatric brain tumors.
A Cigna-Humana merger could face a long regulatory delay. But it might get approved.
As rumors swirl that the two major health insurers are inching toward a merger, experts say antitrust agencies have grounds to block a deal — but may not be successful.
Mass General Brigham cuts workers in its tech division
The cuts will impact fewer than 20 employees, the system confirmed on Monday.
Striking nurses reach tentative deal with RWJUH after months on picket line
More than 1,700 nurses in New Jersey have been on the picket line since August. On Friday, the union and hospital system announced a tentative deal.
HCA Healthcare buys 11 emergency centers in Texas
The acquisition comes after HCA announced it was investing billions to expand its emergency and high acuity service lines.
Lifepoint Health and Ascension Saint Thomas announce joint venture
The health systems will jointly operate four-hospital Highpoint Health in Tennessee, though Lifepoint will retain majority ownership.
Government expects to recover more than $3B from healthcare fraud, misspent funds in fiscal year 2023
The HHS’ Office of the Inspector General’s report tallied 707 criminal enforcement actions and 746 civil actions for fraud and misspent funds in programs like Medicare and Medicaid.
Cleveland Clinic posts slimmer operating losses in Q3
The Ohio-based health system struggled financially during its fiscal year 2022. However, rising patient demand has since cut the nonprofit’s operating losses.
Enhanced human potential: How customer service technology increases empathy
Elevance Health’s Geeta Wilson talks about improving operational efficiencies while enhancing member and associate satisfaction.