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Merged Excela, Butler Health System is Struggling Financially, CEO Says
In a letter sent to employees and medical staff at the Greensburg- and Butler-based health systems — the executive cited ongoing financial pressures from the pandemic, staff shortages, inflation, cost increases, declines in reimbursement rates and the stock market as reasons for future cost-cutting measures.
February 28, 2023
Healthcare Investments are Slowing Down
Funding is starting to slow down in fear of economic turmoil, indicating that rapid innovation in healthcare may indeed take a pause.
February 28, 2023
Employers Becoming ‘Allergic’ to Per Member Per Month Contracting with Behavioral Health Companies
As employers become more sophisticated and their use of behavioral health point solutions more commonplace, the contracting game appears to have changed.
February 28, 2023
HHS Issues Advisory on Clop Data Breach Threat
The HHS brief highlights the threat to healthcare data, with 24 hospitals and multi-hospital healthcare systems being attacked.
February 27, 2023
Outpatient Healthcare Services and Facilities Set for Enormous Growth
Up to a third of hospital revenue is activity shifting to ambulatory surgery centers, office-based labs and other ambulatory sites.
February 27, 2023
Home Health, Hospice Among Top PE Healthcare Acquisition Targets
The report recommends greater government oversight over private equity mergers and acquisitions.
February 27, 2023
Exclusive: Can Robotic Surgery Put Hospitals Back in the Black?
Medical facilities that invest in robotic surgical equipment gain a competitive advantage over hospitals lacking the cutting-edge technology. Patients seeking robotic surgery would be highly attracted to facilities offering those services.
February 27, 2023
Survey: 60% of Patients Uncomfortable with AI in Healthcare Settings
About six in 10 U.S. adults said they would feel uncomfortable if their provider used artificial intelligence tools to diagnose them and recommend treatments in a care setting.
February 24, 2023
Worker Shortage Plagues PE Healthcare Deals
The worker shortage across the US healthcare system is restricting private equity dealmaking in the sector as some businesses struggle to grow and higher payrolls cut into margins.
February 24, 2023
Investment Losses of $200M Drag Down Wake Forest Baptist
The overall loss in 2022 compared with a gain of $364.4 million in 2021.
February 24, 2023