Thursday, March 2, 2023

North Carolina poised to expand MedicaidNorth Carolina poised to expand MedicaidNorth Carolina poised to expand Medicaid

North Carolina poised to expand Medicaid

North Carolina's hospitals would pay the state's share of the cost to expand Medicaid coverage to an estimated 600,000 residents.



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FTC fines BetterHelp $7.8M, alleges it shared consumer’s health info with advertisersFTC fines BetterHelp $7.8M, alleges it shared consumer’s health info with advertisersFTC fines BetterHelp $7.8M, alleges it shared consumer’s health info with advertisers

FTC fines BetterHelp $7.8M, alleges it shared consumer’s health info with advertisers

The Federal Trade Commission alleges BetterHelp uploaded more than 7 million email addresses to Facebook between 2017 and 2018.



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Presbyterian Healthcare Services, UnityPoint Health announce mergerPresbyterian Healthcare Services, UnityPoint Health announce mergerPresbyterian Healthcare Services, UnityPoint Health announce merger

Presbyterian Healthcare Services, UnityPoint Health announce merger

The combined organization would have more than 40 hospitals, 40,000 employees and roughly $11 billion in annual revenue.



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Wednesday, March 1, 2023

Cleveland Clinic's losses exceed $1 billion in 2022Cleveland Clinic's losses exceed $1 billion in 2022Cleveland Clinic's losses exceed $1 billion in 2022

Cleveland Clinic's losses exceed $1 billion in 2022

Cleveland Clinic reported a $1.25 billion net loss in 2022, compared with a $2.21 billion gain the prior year. 



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Trinity Health's MercyOne and Genesis Health System complete mergerTrinity Health's MercyOne and Genesis Health System complete mergerTrinity Health's MercyOne and Genesis Health System complete merger

Trinity Health's MercyOne and Genesis Health System complete merger

MercyOne and Genesis Health System initiated the merger in September.



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State officials search for nurses with fraudulent credentialsState officials search for nurses with fraudulent credentialsState officials search for nurses with fraudulent credentials

State officials search for nurses with fraudulent credentials

New York regulators told 903 nurses to either surrender their licenses or prove they were educated. Officials in Delaware and Texas have also taken action.



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Community Health Systems to exit North Carolina Community Health Systems to exit North Carolina Community Health Systems to exit North Carolina

Community Health Systems to exit North Carolina

Community Health Systems will sell Lake Norman Regional Medical Center and Davis Regional Medical Center in North Carolina to Novant Health in a deal expected to close this year.



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AdventHealth lost $839M in 2022 after gains in 2021AdventHealth lost $839M in 2022 after gains in 2021AdventHealth lost $839M in 2022 after gains in 2021

AdventHealth lost $839M in 2022 after gains in 2021

AdventHealth's operating expenses grew 11% in 2022, squeezing the health system's finances.



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Bright Health must raise $300M to stay afloat, execs sayBright Health must raise $300M to stay afloat, execs sayBright Health must raise $300M to stay afloat, execs say

Bright Health must raise $300M to stay afloat, execs say

The insurtech Bright Health has just weeks to raise about $300 million after overdrawing a credit line, CEO Mike Mikan told investors.



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Tuesday, February 28, 2023

Defense attorney grills key witness in Outcome Health caseDefense attorney grills key witness in Outcome Health caseDefense attorney grills key witness in Outcome Health case

Defense attorney grills key witness in Outcome Health case

Rishi Shah's defense attorney took his shots at star witness Ashik Desai, who testified as part of a plea deal with prosecutors.



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