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UHS, Banner Health and 8 others partner with General Catalyst
Health

UHS, Banner Health and 8 others partner with General Catalyst

Posted on: November 16, 2022

[ad_1] These 10 join five other health systems that have previously announced partnerships with General Catalyst. Those five are Nashville-based HCA Healthcare, Philadelphia-based Jefferson Health, Salt Lake City-based […]

CommonSpirit reports $400M loss due to labor shortage, inflation
Health

CommonSpirit reports $400M loss due to labor shortage, inflation

Posted on: November 15, 2022

[ad_1] CommonSpirit Health is the latest nonprofit system hit with ongoing financial ramifications from inflation and labor shortages. The Chicago-based health system on Tuesday reported a net loss of […]

Amazon launches ‘virtual health storefront,’ Amazon Clinic
Health

Amazon launches ‘virtual health storefront,’ Amazon Clinic

Posted on: November 15, 2022

[ad_1] As Amazon waits for federal approval of its $3.9 billion One Medical acquisition, the tech giant is furthering its investment in healthcare with the launch of Amazon […]

Sanford Health, Fairview Health to merge in $14B deal
Health

Sanford Health, Fairview Health to merge in $14B deal

Posted on: November 15, 2022

[ad_1] Health system executives often pledge that mergers allow them to reduce costs related to purchasing and administrative expenses. But this transaction was spurred by “economies of innovation,” […]

Providence reports $1.1B operating loss in first three quarters
Health

Providence reports $1.1B operating loss in first three quarters

Posted on: November 15, 2022

[ad_1] Providence recorded a cumulative $1.1 billion operating loss during the first three quarters of this year as staffing shortages and weak market conditions buffeted its finances, the […]

RSV surge forces Michigan healthcare providers to seek bailout
Health

RSV surge forces Michigan healthcare providers to seek bailout

Posted on: November 15, 2022

[ad_1] Michigan’s healthcare industry is seeking a bailout as financial pressures grow and hospital beds continue to fill with children suffering from the respiratory syncytial virus, or RSV. […]

Blue Cross plans expand access to prescription digital health tools
Health

Blue Cross plans expand access to prescription digital health tools

Posted on: November 15, 2022

[ad_1] A growing number of Blue Cross Blue Shield insurers have agreed to pay for patients to use prescription digital therapeutics, paving the way for broader coverage among […]

Advocate Aurora-Atrium merger approved by Illinois board
Health

Advocate Aurora-Atrium merger approved by Illinois board

Posted on: November 14, 2022

[ad_1] The proposed merger between Advocate Aurora Health and Atrium Health cleared a key hurdle by getting the OK from a key state body Monday. The combined organization […]

William Petasnick, former Froedtert Health CEO, dead at 76
Health

William Petasnick, former Froedtert Health CEO, dead at 76

Posted on: November 14, 2022

[ad_1] William “Bill” Petasnick, former Froedtert Health president and CEO, died Nov. 8 at age 76. Petasnick led the Milwaukee-based health system from 1993 to 2012, during which […]

Mental health epidemic creates emergency department backlog
Health

Mental health epidemic creates emergency department backlog

Posted on: November 14, 2022

[ad_1] Medical associations, patient advocates, public health organizations and health systems are asking for federal and state help to address the escalating number of mental health patients seeking […]

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