Ascension to Buy Tennessee Health System for Nearly $1B
Ascension is set to acquire Williamson Health, a county-owned health system in Tennessee, in a deal worth nearly $1 billion. Ascension’s offer beat out bids from HCA Healthcare and Optum.
Ascension is set to acquire Williamson Health, a county-owned health system in Tennessee, in a deal worth nearly $1 billion. Ascension’s offer beat out bids from HCA Healthcare and Optum.
Healthcare providers and vendors are learning the hard way that hackers are relentless and resourceful, constantly adjusting tactics and tools and using new technology, including AI, to launch more sophisticated attacks.
Ascension’s May cyberattack compromised 5.6 million patients’ personal and health information, including Social Security numbers, credit card numbers and addresses. However, there is no evidence that any data was stolen from Acension’s EHR or other clinical systems, the health system said.
Health systems across the country are launching enterprise-wide deployments of AI-powered clinical documentation tools. Hospital leaders agree that this technology reduces physician burnout, as well as allows physicians to have more meaningful and productive interactions with patients.
Ransomware group Black Basta has quickly gained prominence as one of the biggest threats to healthcare providers’ cybersecurity. The group, which is responsible for the Ascension cyberattack, has hit more than 500 organizations across the globe since it first appeared in April 2022.
As majorly disruptive cyberattacks continue to make headlines in the healthcare world, hospitals are prioritizing cybersecurity more than ever before. This piece explores reactions from five different health system executives about the recent attack on Ascension — as well as what they’re doing to prevent a similar fate at their own organization and how they want things to change going forward.
On Wednesday, Ascension noticed that a hacker had infiltrated its systems. As the health system works with Mandiant to investigate the incident, clinical services remain disrupted at Ascension facilities across several states.
Health systems have made dozens of M&A deals this year, as many are seeking out partnerships to grow and protect their long-term financial sustainability. Here is a rundown of five newsworthy deals announced in 2023.
Financial analysts have said that 2022 may have been the worst year for hospital finances in decades. This year looks like it will be yet another year of financial underperformance, with rural providers in especially dire circumstances.
A group of healthcare stakeholders — Amazon Care, Intermountain Healthcare and Ascension, to name a few — has created an alliance to advocate for home-based care services through policy changes.
After Google struck a controversial partnership with Ascension to build a searchable health record, the companies are now launching an expanded clinical pilot of the tool. Now, about 250 clinicians will be able to use it.
Medical voice assistant startup Suki closed a $20 million funding round. Flare Capital Partners led the round, and co-founder Bill Geary will join Suki’s board.
As of March 4, Tamarah Duperval-Brownlee holds the newly created role of senior vice president and chief community impact officer at Ascension.
Keeping health plan provider directories current is a major administrative and cost burden for the industry, with an estimated $2.1 billion spent annually across the healthcare system to acquire and maintain provider data.
The Gates Medical Research Institute will develop products for malaria, tuberculosis, enteric and diarrheal diseases.