Revenue cycle management company Aspirion has acquired Boost Healthcare, a firm focused on helping providers identify and recover revenue.

Hospital and health system CEOs must think strategically to prepare their organization for success over the long term.

CMS has launched a Nursing Home Staffing Campaign to address industry-wide workforce shortage concerns as organizations attempt to stop an impending minimum nursing home staffing rule in the courts. 

Just one in five devices approved by the FDA for children actually included pediatric data in their algorithms, a recent Boston Children's study found.

In 2024, major retail healthcare players Walgreens, CVS Health, and Walmart have aggressively restructured through strategic divestments, layoffs, and the closure of underperforming assets, while pivoting toward virtual care, AI-driven efficiencies, and partnerships to streamline operations and adapt to evolving market demands.

New York City-based NewYork-Presbyterian reported an operating income of $123 million (4.5%) operating margin in the third quarter of 2024, up from an operating income of $81.8 million (3.3% margin) during the same quarter last year. 

Hundreds of pharmacies are permanently closing their doors as consumer trends change and businesses succumb to financial pressures. 

Cambridge, Mass.-based Beth Israel Lahey Health reported a $138.8 million operating loss (-6.1% margin) for the three months ending Sept. 30, down from a $10.6 million operating gain (0.5% margin) during the same period last year.

Nashville, Tenn.-based Tenet Healthcare plans to launch Commure's ambient AI platform across its physician network.

Seventy-three percent of healthcare leaders said they are increasing investments in AI, according to a new report from digital health company Define Ventures.

The 50 most innovative artificial intelligence companies in 2024 include three focused on healthcare, Fortune reported.

Artificial intelligence can streamline operational efficiencies, elevate precision medicine and boost overall clinical care. But it has a dark side for hospitals as well.

OpenAI, which developed ChatGPT, is hard at work developing healthcare applications. Providence's CEO Rod Hochman, MD, and president and COO Erik Wexler, joined a group of health system executives on a visit to OpenAI's headquarters in San Francisco earlier this year.

New York City-based Mount Sinai has opened a new center dedicated to AI. 

As hospitals and health systems seek to integrate AI into healthcare operations, many are establishing dedicated AI centers to test and develop new AI tools.

Chesterfield, Mo.-based Mercy represented the healthcare industry recently on Capitol Hill in Washington, D.C., to educate federal lawmakers about artificial intelligence.

More than half of healthcare organizations are using artificial intelligence for at least one medical imaging task, up from 17% in 2018, according to a recent report from KLAS Research.

Some Republican lawmakers are opposing plans to regulate AI in healthcare, specifically a Department of Health and Human Services proposal to establish assurance labs that would evaluate AI tools, Politico reported Dec. 2.

Tacoma, Wash.-based MultiCare Health System is taking a step forward in improving its revenue cycle processes by piloting a new generative AI solution from Xsolis.

Artificial intelligence-powered ambient documentation does not make clinicians more efficient but may improve work-life balance, a new study found.