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.
Season 4 launches with a focus on health equity and a conversation with Dr. Alisahah Jackson, system vice president of population health innovation and policy at CommonSpirit Health.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Here is a selection of recent executive hires, promotions and layoffs occurring across the healthcare industry.
Here is a selection of recent executive hires, promotions and layoffs occurring across the healthcare industry.
Here is a selection of recent executive hires, exits, promotions and layoffs occurring across the healthcare industry.
During MedCity News’ INVEST conference, CommonSpirit Health CIO Daniel Barchi laid out two critical actions that hospitals can take to help ensure their new technology investments will be worth their time and money. The first is to prioritize scalability, and the second is to involve frontline clinical staff early on in the process.
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
CommonSpirit Health has co-developed a nurse residency program with Dignity Health Global Education. The program, which is designed to increase nurse retention, comes at a time when turnover rates for newly graduated nurses are at an all-time high. Through the program, the partners are aiming to increase newly graduated nurse retention by at least 20% at CommonSpirit.
The 41st annual J.P. Morgan Healthcare Conference concluded last week. After the pandemic prompted it to go virtual, it was back in person, smaller in size and more effective. Here are my takeaways.
In an interview with MedCity News after his presentation at the J.P. Morgan Healthcare Conference, Wright Lassiter III said while some providers will be considered commodities, his vision for CommonSpirit Health is not to be "at the bottom of the totem pole."
CommonSpirit Health is facing a proposed class-action lawsuit over a ransomware attack it suffered last fall that exposed 623,774 patients' personal data. However, hospitals' data breach lawsuits usually never make it court, a legal expert said.
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
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.
In 2022, the healthcare sector is on track to meet or exceed the more than 50.4 million patient records that were breached last year. As we look ahead to 2023, increasing cybersecurity budgets will be a necessity for healthcare organizations, despite their tight financial circumstances.
"An IT security issue” has been impacting several of CommonSpirit Health's facilities across the country. Some of its hospitals in Nebraska, Iowa and Washington have taken their EHRs offline due to the incident. Experts say the incident serves as an important reminder that providers need to go all in on cybersecurity, as healthcare organizations remain a prime target for hackers.
CommonSpirit Health CEO Lloyd Dean is retiring next summer, while Jefferson Health CEO Dr. Stephen Klasko will step down at the end of the year. The longtime leaders have led their respective systems through several highs and lows, including the turbulent first 18 months of the Covid-19 pandemic.
At a recent panel discussion, healthcare executives agreed that telehealth will remain an important part of care delivery post-pandemic, so now is the time for providers to figure out how best to incorporate these services alongside in-person care. Actionable data will prove to be a key resource for providers as they tweak their strategies.