Intermountain Health financials are in the black, but down from 2022
The Salt Lake City-based operator posted $912 million in net income for the first nine months of 2023, down from the $2.2 billion reported last year.
Mount Sinai Health System names new CEO
The health system’s head of emergency medicine, Brendan Carr, will replace the long-standing CEO early next year.
Healthcare bankruptcies are rising. Here are five major filings so far in 2023.
Bankruptcies have spiked this year as federal COVID-19 funding lapsed and heightened interest rates, regulatory changes and labor shortages squeezed the sector.
Insurers’ financial outlook stable despite higher MA utilization: Moody’s
Publicly traded health insurers’ financial results held steady in the third quarter, boosted by strong investment income and membership growth, according to the credit ratings agency.
Completion rates for tests, referrals lower from telehealth visits, study finds
Failure to get tests or complete referrals is a leading cause of diagnostic errors, and it’s particularly important in primary care, researchers said.
PeaceHealth will pay up to $13.4M to settle charity care probe
The Washington-based nonprofit said their policies center care, “not maximizing collections.” The state’s attorney general said the hospital failed to notify patients about financial assistance options.
Fairview won’t renew current contract with University of Minnesota
The current partnership, which operates M Health Fairview, will end in 2026, but negotiations toward a new contract will continue, according to the nonprofit.
Where are all the nurses? Hospitals, advocates disagree on crisis
Hospitals and nursing unions clash on what’s driving sluggish application rates for open registered nurse positions at hospitals — a lack of qualified candidates or a lack of interest.
AstraZeneca creates digital health unit, with big-name partnerships already in place
Called Evinova, the unit will operate as a separate business within AstraZeneca, which sees digital health solutions as a market primed for growth.
FTC sues to block John Muir Health’s acquisition of Tenet hospital
Regulators allege the $142.5 million deal to buy the remaining stake in San Ramon Regional Medical Center would further reduce competition in and drive up prices.