Kaiser Permanente, Novant Health to cut IT jobs

The nonprofit systems are the latest to cut IT jobs this year as they navigate thin operating margins fueled by inflation and prolonged staffing shortages.

By Susanna Vogel • Dec. 12, 2023

CommonSpirit names new COO

Industry veteran Terika Richardson steps into the post, effective Monday.

By Susanna Vogel • Dec. 11, 2023

Explore the Trendline➔

Payer/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

Norton Healthcare ransomware attack exposes 2.5M people

Ransomware attacks are soaring in the healthcare sector, impacting more than 88 million people in the first 10 months of 2023, according to the HHS.

By Matt Kapko • Dec. 11, 2023

Boosted by federal funds, Mass General Brigham posts profit in FY 2023

The Boston-based operator posted a $432 million operating loss last year.

By Susanna Vogel • Dec. 11, 2023

White House wants to set minimum cyber standards for hospitals, healthcare

The sector has faced a wave of ransomware linked to the critical CitrixBleed vulnerability, which has led to major attacks from LockBit and other threat groups.

By David Jones • Dec. 11, 2023

Gearing up for healthcare’s next normal

2023 was the year healthcare began to show the first major signs that the pandemic was firmly in the rearview mirror. 

Dec. 11, 2023

Senators probe private equity’s role in hospital operations

The inquiry comes as the White House this week said it would investigate private equity investment in healthcare as federal scrutiny of firms ramps up.

By Susanna Vogel • Dec. 8, 2023

Hospital lobbies push back on site-neutral provision in House bill

The American Hospital Association and the Federation of American Hospitals sent letters to Congress this week opposing a bill that would equalize payments for drugs administered in outpatient clinics.

By Rebecca Pifer • Dec. 8, 2023

Michigan doubles fines for violence against healthcare workers

The Great Lakes state will issue harsher penalties next year in an attempt to deter workplace assault and harassment.

By Susanna Vogel • Dec. 7, 2023

Corporate healthcare ownership reduces care quality, physician survey finds

As the rate of corporate-owned healthcare practices rise, providers say a lack of autonomy leads to diminished patient care. 

By Susanna Vogel • Dec. 6, 2023

Chicago-area NorthShore – Edward-Elmhurst rebrands to Endeavor Health

The name change comes nearly two years after the merger between the health systems closed.

By Emily Olsen • Dec. 6, 2023

Steward Health Care to close Massachusetts hospital amid financial troubles

The for-profit operator said low reimbursement rates and financial challenges will cause it to shutter the 182-bed facility.

By Susanna Vogel • Dec. 6, 2023

US hospitals forecast 9% capex growth to support elective procedure backlog: survey

The Baird survey of 38 health system CFOs forecasts that hospital capital spending growth in 2024 will slow from a 13% jump this year.

By Nick Paul Taylor • Dec. 6, 2023

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.

By Susanna Vogel • Dec. 5, 2023

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.

By Gwendolyn Wu • Dec. 5, 2023

Mass General Brigham cuts workers in its tech division

The cuts, which came less than a month after workers were offered voluntary separation agreements, will impact fewer than 20 employees.

By Susanna Vogel • Dec. 4, 2023

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.

By Susanna Vogel • Dec. 4, 2023

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. 

By Susanna Vogel • Dec. 4, 2023

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.

By Sydney Halleman • Dec. 4, 2023

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.

By Susanna Vogel • Dec. 4, 2023

CHS sells three Florida hospitals for $294M

The divestiture will allow the for-profit hospital chain to focus on markets that can produce higher growth and returns, according to Community Health Systems’ leadership.

By Emily Olsen • Dec. 1, 2023

Providence, struggling to rebound, posts more losses in Q3

The Washington-based nonprofit battled rising expenses despite having targeted recovery plans in place.

By Susanna Vogel • Nov. 30, 2023

Highmark Health’s insurance business boosts earnings

The insurance arm pushed the healthcare parent company to positive results during the first nine months of 2023 after its provider arm, Allegheny Health, reported an operating loss.

By Susanna Vogel • Nov. 29, 2023

Hospitals continue post-COVID recovery: Kaufman Hall

Margins and volumes are still stabilizing above pandemic levels, according to a new report from the consultancy.

By Emily Olsen • Nov. 29, 2023

Cleveland Clinic, Canon to establish medical imaging research center

Joint research projects will focus on pre-clinical imaging, human imaging and image analysis in cardiology, neurology and musculoskeletal medicine.

By Susanna Vogel • Nov. 28, 2023