Diana Health, which partners with hospitals to operate a network of maternity practices, closed a $34 million Series B funding round. The startup currently operates three women's health practices in Tennessee. With its new funding, the company plans to open new practices in Tennessee, Florida and one other yet-to-be-announced state.
The nation’s two largest for-profit hospital chains — HCA and Tenet — increased their EBITDA as salary and benefit obligations became less burdensome in Q1. Unsurprisingly, the story for nonprofit hospitals is a bit different. For this class of health systems, the stress associated with labor costs is subsiding, but operating margins are having a difficult time bouncing back, according to a new Moody's report.
As hospitals face consolidation and CIOs are asked to increase staff productivity, tech companies that can support automation with solutions that are easy to onboard are getting heightened interest.
HCA plans to sell PatientKeeper, which makes physician workflow software, to health IT startup Commure. The hospital chain will get a minority stake in the combined company.
A report by Kaufman Hall showed that while hospitals’ operating margins improved in July, they were down 96% since the start of the year. Including funding allocated through the CARES Act. Without CARES Act funding, hospital margins were still down 28%.
After four Riverside Community Hospital employees contracted Covid-19, they and their families sued HCA for failing to provide adequate protections. The plaintiffs said they were not given adequate access to PPE, not warned when they might have been exposed to Covid-19, and were encouraged to come back to work, even when they still had Covid-19 symptoms.
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
HCA nurses protested last week, saying the hospital chain is threatening layoffs and wage freezes. HCA said it is asking nurses to forego planned wage increases and it has no plans for layoffs.
Facing a financial crunch from the Covid-19 pandemic, HCA Healthcare executives shared their plans for reopening as restrictions on elective procedures are lifted
HCA Healthcare is working to launch a national portal that could be used by hospitals to share information about the pandemic and track needs for equipment and ICU beds. The portal is build designed by cloud technology services company SADA, and will run using Google Cloud services.
Academics and consumer advocates say hospital consolidation yields mixed results. While mergers may provide much-needed capital and financial stability, competition is stifled, often leading to higher prices.
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.
Nashville, Tennessee-based HCA has released its most recent financial results. During Tuesday's earnings call, executives highlighted the non-financial sides of the company and answered analysts' questions.
An HCA spokesman said the issue primarily impacted its Florida facilities. HCA manages about 50 hospitals and 37 surgical centers in the state, according to its website.
According to an industry insider, a "fatal corruption" began at 4am Saturday morning and the EMR network was still down as of Monday morning.
ORANGE PARK, Fla. – When Orange Park Medical Center won preliminary state approval in November 2011 to open the first new trauma center in northeast Florida in almost 30 years, executives said the decision would save lives. But that’s not how its competitor 18 miles away saw the move by Orange Park Medical and its […]
Research!America offers to help you better understand your candidates' positions on issues in health and research. And Amgen Inc. Chief Executive Kevin Sharer says there's no magic bullet for diabetes.
