Friday, March 3, 2023

Corewell Health operations finish 2022 profitable after Beaumont-Spectrum mergerCorewell Health operations finish 2022 profitable after Beaumont-Spectrum mergerCorewell Health operations finish 2022 profitable after Beaumont-Spectrum merger

Corewell Health operations finish 2022 profitable after Beaumont-Spectrum merger

The Michigan-based health system recorded nearly $157.8 million in net operating income on $13.8 billion in total operating revenues across all business units.



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Health systems in 2022: 'The worst operating income' year ever?Health systems in 2022: 'The worst operating income' year ever?Health systems in 2022: 'The worst operating income' year ever?

Health systems in 2022: 'The worst operating income' year ever?

The year 2022 might have been the ‘worst operating income’ year ever for health systems, one Fitch analyst said.



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MetroHealth CFO leaves systemMetroHealth CFO leaves systemMetroHealth CFO leaves system

MetroHealth CFO leaves system

This is the latest exit from MetroHealth's leadership since the system's board of trustees fired former president and CEO Dr. Akram Boutros.



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Walgreens won't sell abortion pill by mail in 20 statesWalgreens won't sell abortion pill by mail in 20 statesWalgreens won't sell abortion pill by mail in 20 states

Walgreens won't sell abortion pill by mail in 20 states

The Food and Drug Administration for more than 20 years limited dispensing of mifepristone to a subset of specialty offices and clinics because of safety concerns. But it eased restrictions since the start of the COVID-19 pandemic by eliminating the in-person requirement for the pill.



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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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