Hospitals: Page 17
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Tracking Steward's decline
Steward executives cashed in prior to bankruptcy filing
Fourteen executives received over $1 million in total compensation the year before Steward entered Chapter 11 restructuring, bankruptcy documents show.
By Susanna Vogel • July 17, 2024 -
UHS names new senior VP of human resources
Maria Zangardi stepped into the role July 15.
By Susanna Vogel • July 17, 2024 -
Explore the Trendline➔
Yujin Kim/Healthcare Dive
TrendlinePayer/provider relationships
As M&A intensifies and companies embrace more holistic and value-based care models, partnerships have become more closely intertwined.
By Healthcare Dive staff -
Chicago children’s hospital faces class action suits after cyberattack
Multiple lawsuits were filed last week after Lurie Children’s Hospital reported a cyberattack earlier this year may have exposed data of more than 775,000 people.
By Emily Olsen • July 15, 2024 -
Private equity-backed providers represent less than 4% of US market: PitchBook
Despite the swell of political and media attention to private equity’s role in healthcare, PitchBook reports investment growth in providers has slowed.
By Emily Olsen • July 15, 2024 -
Tracking Steward's decline
Steward Health Care under federal investigation for fraud and corruption
The Department of Justice investigation follows a multi-year international probe into Steward's deal to improve three hospitals in Malta.
By Susanna Vogel • July 12, 2024 -
Sanford Health and Marshfield Clinic in talks to merge
The Midwestern health systems are not strangers to the bargaining table, having both pursued mergers in the past year. However, this time they hope to get a deal done.
By Susanna Vogel • July 11, 2024 -
Geisinger to spend $880M on medical center expansion
The project is the latest of several expansions for the Pennsylvania-based health system.
By Susanna Vogel • July 11, 2024 -
Healthcare groups say cyber rule should explicitly name insurers, vendors
Healthcare associations say insurers and vendors need to be more clearly included in the regulation, citing the impact of the Change Healthcare cyberattack.
By Emily Olsen • July 8, 2024 -
Hackensack Meridian Health files lawsuit in wake of Chevron decision
Experts predict a wave of litigation will follow the Chevron ruling, which raised the bar for healthcare agencies when implementing laws with unclear intent.
By Susanna Vogel • July 3, 2024 -
Retrieved from Cedar Sinai.
Cedars-Sinai taps new CEO
Peter Slavin formerly served as president of Massachusetts General Hospital.
By Susanna Vogel • July 3, 2024 -
Data breach at Geisinger may have exposed data from 1.2M patients
A former employee at vendor Nuance Communications accessed patient data two days after being terminated, according to the health system. The employee is facing federal charges.
By Emily Olsen • July 2, 2024 -
Prospect Medical Holdings reveals DOJ investigation
The federal investigation follows multiple state inquiries into Prospect’s business practices last year.
By Susanna Vogel • July 2, 2024 -
Tracking Steward's decline
Optum backs out of deal to buy Steward’s physician group
Steward has been gunning for the deal since March. Without Optum at the table, it’s unclear who will buy the struggling health system’s medical clinics.
By Susanna Vogel • June 28, 2024 -
Supreme Court allows emergency abortions in Idaho, sidestepping broader EMTALA questions
The Supreme Court declined to issue broad guidance on how to adjudicate conflicts between state abortion laws and a federal law requiring hospitals provide patients with emergency care.
By Susanna Vogel • June 26, 2024 -
UAB Health to acquire Ascension St. Vincent’s for $450M
The deal is set to close later this year, pending regulatory review.
By Susanna Vogel • June 26, 2024 -
Hospital mergers tied to increased layoffs, reduced tax revenues: report
A National Bureau of Economic Research report found layoffs followed hospital mergers, as employers struggled to absorb the costs of rising healthcare premiums.
By Susanna Vogel • June 26, 2024 -
Novant hires cyber exec from CommonSpirit
Sanjeev Sah will take on the chief information security officer role at the North Carolina-based health system after more than three years at CommonSpirit Health.
By Emily Olsen • June 25, 2024 -
For-profits performed worse on ‘most socially responsible’ hospital rankings
For-profit hospitals represented an outsized portion of low grades on an index from the Lown Institute measuring equity, care value and patient outcomes.
By Sydney Halleman • June 25, 2024 -
HHS finalizes info blocking penalties for providers
Providers pushed back against the disincentives, with the Medical Group Management Association calling them “unnecessarily punitive.”
By Emily Olsen • June 25, 2024 -
Kaiser-owned Risant to buy North Carolina system Cone Health
If the deal goes through, it will be Risant’s second acquisition after the nonprofit hospital venture was launched last year.
By Susanna Vogel • June 24, 2024 -
Federal judge sides with providers, nixes online tracker guidance
A federal court in Texas ruled regulators exceeded their authority in limiting providers’ use of online tracking technologies.
By Emily Olsen • June 24, 2024 -
Steward further extends asset sale timeline. More delays could follow.
Steward has again delayed the sale timeline for several of its assets, including its physician group Stewardship Health.
By Susanna Vogel • Updated July 16, 2024 -
Opinion
Price transparency enforcement is a shared responsibility
A principal strategist at Turquoise Health argues that regulatory enforcement is crucial for hospitals to post files compliant with price transparency goals.
By Carol Skenes • June 20, 2024 -
Novant calls off plan to purchase CHS hospitals following FTC challenge
Novant abandoned its merger plans after an appellate court granted federal regulators more time to challenge the deal.
By Susanna Vogel • June 20, 2024 -
Change Healthcare cyberattack
CMS to end Change Healthcare cyberattack financial relief program
The Medicare funding program, which launched in March to ease cash flow challenges for providers, will stop accepting applications July 12.
By Emily Olsen • June 18, 2024