Nonprofit health system CommonSpirit health reported a $145 million operating loss in the quarter ending on March 31. The system faced decreased patient volumes and investment losses as a result of the pandemic.
CommonSpirit Health has partnered with a company called Contessa to introduce a new home care option, which offers patients virtual physician visits and remote monitoring, among other features.
The progress in artificial intelligence (AI) is reshaping patient care, across various dimensions, from facilitating faster discharge to curating treatment plans and suggesting lifestyle changes.
Dubbed CommonSpirit Health, the new nonprofit system operates 142 hospitals and more than 700 care sites in 21 states.
Civica Rx, announced earlier this year, formally established with $30 million in philanthropy money, a former Amgen exec as CEO and a focus on 14 drugs facing shortages.
In a phone interview, Jim Reichert, CHI's vice president of clinical analytics, discussed how the system measures quality, safety and patient experience metrics across its facilities.
Also on Monday, the Clinical & Translational Genome Research Institute opened at Florida Gulf Coast University's Emergent Technologies Institute in Fort Myers, Florida.
The future looks bright for the integrated specialty pharmacy model – for health systems, providers, and most importantly, for patients.