Monday, April 3, 2023

Michigan Medicine acquires Sparrow Health in $800M dealMichigan Medicine acquires Sparrow Health in $800M dealMichigan Medicine acquires Sparrow Health in $800M deal

Michigan Medicine acquires Sparrow Health in $800M deal

The combined health system is now a $7 billion health system that operates more than 200 locations.



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Rural hospital mergers a double-edged sword: studyRural hospital mergers a double-edged sword: studyRural hospital mergers a double-edged sword: study

Rural hospital mergers a double-edged sword: study

Seventeen percent of unprofitable rural hospitals merged with another organization while 7% closed from 2010 to 2018.



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More state lawmakers push to end 'exorbitant' contract labor prices More state lawmakers push to end 'exorbitant' contract labor prices More state lawmakers push to end 'exorbitant' contract labor prices

More state lawmakers push to end 'exorbitant' contract labor prices

The American Hospital Association estimates the hourly rates staffing agencies charged hospitals grew 213% from January 2019 to January 2022.



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States crack down on facility fees charges to telehealth, clinic patientsStates crack down on facility fees charges to telehealth, clinic patientsStates crack down on facility fees charges to telehealth, clinic patients

States crack down on facility fees charges to telehealth, clinic patients

Hospital facility fees pay for staff and overhead expenses, but eight states agree such charges are questionable and are moving to clamp down on the charges.



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Amwell CEO on economic challenges, CVS Health partnershipAmwell CEO on economic challenges, CVS Health partnershipAmwell CEO on economic challenges, CVS Health partnership

Amwell CEO on economic challenges, CVS Health partnership

Amwell CEO Roy Schoenberg spoke about the company's path to profitability and how it is a "cog in the wheel" with its CVS Health partnership. 



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Community health workers can reduce costs, but face funding hurdlesCommunity health workers can reduce costs, but face funding hurdlesCommunity health workers can reduce costs, but face funding hurdles

Community health workers can reduce costs, but face funding hurdles

A growing number of states are using their Medicaid programs to more consistently pay for community health workers, who can help patients navigate services.



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Friday, March 31, 2023

Sutter Health names new COO Sutter Health names new COO Sutter Health names new COO

Sutter Health names new COO

Mark Sevco, who has served as president of University of Pittsburgh Medical Center hospitals in its health services division, will join Sutter June 5.



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Cano Health directors resign, call for removal of CEOCano Health directors resign, call for removal of CEOCano Health directors resign, call for removal of CEO

Cano Health directors resign, call for removal of CEO

A dispute over profitability has turned into "a corporate governance mess" for the embattled primary care provider Cano Health.



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Wellstar-Augusta deal moves forwardWellstar-Augusta deal moves forwardWellstar-Augusta deal moves forward

Wellstar-Augusta deal moves forward

Wellstar Health System, a nine-hospital system, would become the corporate parent of Augusta Health System, an academic medical center.



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Thursday, March 30, 2023

Healthcare industry reacts to preventive care rulingHealthcare industry reacts to preventive care rulingHealthcare industry reacts to preventive care ruling

Healthcare industry reacts to preventive care ruling

U.S. District Court Judge Reed O'Connor struck down the Affordable Care Act's preventive care coverage rule Thursday, prompting concerned responses from the healthcare industry.

 



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