Empowering Hospital Workforces Amid Mergers and Consolidations
By implementing workforce management technology to support the people who take care of the patients, health systems can ensure that merger and acquisition activity is a success.
By implementing workforce management technology to support the people who take care of the patients, health systems can ensure that merger and acquisition activity is a success.
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.
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.
Last week, New Mexico-based Presbyterian Healthcare Services and Midwest-based UnityPoint Health signed a letter of intent to merge. One consultant thinks these kinds of announcements will continue in the coming years, but a significant chunk of these intended mergers will end up being called off due to health systems realizing they’re not ready to make the sacrifices needed to reap the benefits of a megamerger.
Leaders should be proactive about investing in IT to avoid costly issues in the future. Examine existing technology for potential risks and redundancies, assess system performance, and establish forward-looking goals and benchmarks.
Dr. William Knaus, who created Health Heritage, has been executive director for clinical research informatics at NantHealth since September.
The Geisinger Health System empire is bringing its model of value-based care to the Atlantic City area.
Qualcomm Life, the health and life sciences subsidiary of communications giant Qualcomm, has purchased medical device and health IT integrator Capsule Technologie for an undisclosed sum.
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
Both GetWellNetwork and Skylight deliver educational content and communications tools to inpatients at the bedside, through televisions, computers and mobile devices.
CVS Health, already the nation's No. 2 pharmacy chain and largest operator of walk-in clinics, is getting larger after agreeing to buy Target Corp.'s pharmacies and clinics for $1.9 billion.
San Francisco-based telepharmacy company PipelineRX has acquired a similar company in Denver, Quality Pharmacy Management, as a means to expand its hospital pharmacy outsourcing tools that it says can help drive down costs. The acquisition, according to PipelineRX, bolsters the company’s existing presence in six western states, including California, Colorado, Utah, Oregon, Wyoming and Alaska. […]
Modernizing Medicine, a Florida-based developer of cloud-based electronic medical records, has acquired Aesyntix Health, a privately held revenue cycle management company based in California. The acquisition for Modernizing Medicine adds several new capabilities to the company, including revenue and inventory management and it includes Aesyntix Physician Netowrk, a medical group purchasing organization. Terms of the […]