Today's Top 20 Healthcare News Articles
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Hospitals prepare for months-long supply disruptions after Helene, port strike
The healthcare industry has recently been facing significant supply chain challenges between the temporary Baxter North Cove plant closure and the East and Gulf Coast port strikes. The disruptions have raised concerns about the availability of critical intravenous solutions and other essential medical supplies. -
Trinity cuts contract labor by 25%, revenue grows to $23.9B: 6 things to know
Livonia, Mich.-based Trinity Health reported a $68.4 million operating income (0.3% margin) in the fiscal year ending June 30, compared to a $288 million operating loss (-1.3% margin) in the previous fiscal year, according to financial results published Oct. 4. -
Duke LifePoint names physician group COO
Theresa Fink has been named market vice president and COO of Conemaugh Physician Group after serving in the role on an interim basis since May.
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Wyoming hospital trustee steps down
Mark Hoskinson, MD, resigned as trustee of the board that oversees Gillette, Wyo.-based Campbell County Health to focus on a clinic he owns. -
Hospital expense growth slows: 36 statistics
Expenses were relatively flat for nonprofit hospitals in August compared to July, according to Kaufman Hall's National Hospital Flash Report. -
Connecticut hospital physicians report pay disruptions: 5 things to know
Some physicians at Manchester (Conn.) Memorial Hospital said they are seeing payment disruptions with respect to Prospect Medical Holdings, which owns the facility, Connecticut Public Radio reported Oct. 2. -
Biden administration awards $367M to replenish PPE
The Biden administration awarded more than $367 million in contracts to bolster the Strategic National Stockpile with personal protective equipment, specifically isolation gowns, as part of an effort to prepare for future public health emergencies.
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'This is not the step we wanted to take': UVM halts construction of $129M facility
Burlington-based University of Vermont Medical Center, part of Burlington-based The University of Vermont Health Network, has temporarily paused construction on a $129 million outpatient surgical center. -
Novant Health wraps up 20-property transaction: 5 things to know
Charlotte, N.C.-based Novant Health has completed the sale lease transaction of 20 facilities in Charlotte, Wilmington, N.C., and Winston-Salem, N.C., to Remedy Medical Properties and Kayne Anderson Real Estate. -
40 recent hospital, health system executive moves
The following hospital and health system executive moves have been shared with or reported by Becker's this year: -
For-profit M&A: 26 hospital deals involving HCA, Tenet, CHS and UHS
Four of the largest for-profit health systems in the country have entered into multiple transactions this year as part of strategic plans to strengthen their hospital portfolios, offload certain facilities or explore ways to expand their reach.
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Arizona hospital names CEO
Ben Ridder has been hired as CEO of Northwest Medical Center in Tucson, Ariz., according to an Oct. 3 LinkedIn post from Northwest Healthcare. -
Christus hospital taps new CMO
Suman Sinha, MD, has been named chief medical officer of Christus Health Shreveport-Bossier Health System in Louisiana. -
Payer relationships need to change, CommonSpirit CFO says
One of Chicago-based CommonSpirit's top priorities for fiscal year 2025 is to change its relationship with payers, CFO Dan Morissette said on the company's Oct. 4 investor call. -
'AI is like tuition': CommonSpirit CIO's approach to AI hype
Artificial intelligence has been a buzzword in healthcare for years, but it's true impact is only beginning to be felt in day-to-day operations. -
How role-playing led to Minnesota system's Epic decision
For any hospital CEO, making significant decisions is a key part of the job, and the approach taken to evaluate options and reach conclusions can offer valuable insights. -
Alabama hospital names president
Cherie Sibley, BSN, RN, was selected as president of Lakeland Community Hospital in Haleyville, Ala. -
Nurses reach deal with Hawaii hospital, ending lockout
Honolulu-based Hawaii Pacific Health's Kapi'olani Medical Center for Women and Children has reached a three-year contract agreement with nurses represented by the Hawaii Nurses Association. The nurses will return to work Oct. 6, putting an end to a lockout imposed by the medical center on Sept. 13. -
Missouri hospital president to resign
Nate Blackford, president of Mosaic Medical Center-Maryville (Mo.), will step down from his role Oct. 30. -
'You've got to own your market': Hospitals' key to financial viability
Hospitals are facing significant financial challenges driven by market dynamics, rising costs and the struggle to recruit and retain talent. As health systems navigate these pressures, leaders are emphasizing the importance of market dominance, cost control and innovation as essential strategies for long-term viability.
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