Geisinger

Hospitals, Startups, Health Tech, Payers Providers,
healthcare moves

Healthcare Moves: A Monthly Summary of Hires, Exits and Layoffs

March has seen a slew of executive hires, exits and layoffs across the healthcare industry. For example, providers like Providence and Geisinger have appointed new C-suite leaders, and companies like Blue Shield of California and Evernorth have undergone CEO exits. There were also layoffs at organizations including HHS, Blue Cross of Idaho and the University of Pennsylvania Health System.

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Health Tech

Hospital M&A Activity Caught Up to Pre-Pandemic Levels in Q2

M&A activity among hospitals and health systems increased in Q2 of 2023 — there were 20 deals in Q2 compared to 15 deals in Q1, according to a new report. This surge brought Q2’s M&A activity levels in line with those observed before the pandemic. Q2’s 20 deal marks the highest number of announced transactions for hospitals and health systems since Q1 of 2020.

Health Tech

4 Reasons Hospitals’ Tech Investments Can Go Awry

Avia CEO Linda Finkel has had many conversations with health systems executives about why their technology initiatives haven’t gone as planned in the past. Based on these experiences, she has noticed four main reasons hospitals don’t see the results for which they were hoping — including not exercising enough scrutiny during the vendor selection process and failure to think about capability at scale.

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Health Tech

Geisinger CEO: Price variability won’t be solved unless payers & providers get on the same page

Price transparency data has revealed there is a high degree of price variance for healthcare procedures depending on patients' insurance carriers and the location in which services are delivered. Jaewon Ryu, Geisinger’s president and CEO, said that the only way this variability can be addressed is by getting decision makers on the payment side much more aligned with the care delivery side of things.