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.
If the merger is approved, the combined health system will operate 33 hospitals and 385 clinics across six states. The merger also represents the joining together of a faith-based organization, SCL Health, and a secular entity, Intermountain.
With the commoditization of telehealth, startups will need to provide value-added services to compete in the crowded market. To that end, Beam Health is focusing on solving private practice pain points in addition to providing telehealth services, including those around patient collections.
Medicare sequestration is making headlines this week, as legislation to pause the 2% payment cuts moves through Congress. Here is a recap of what the sequester cuts are, why hospitals want it gone and how lawmakers are working to make that happen.
UnitedHealth’s 2020 revenue jumped by $15 billion from the year before. As the payer gears up for 2021, leaders except to see demand for telehealth and online pharmacies continue, driving their focus on these services.
The financial futures of U.S. hospitals remain shaky, as Covid-19 cases and hospitalizations surge with alarming speed nationwide. Though vaccines are being distributed, the coming months will be challenging for hospitals, a new report from Kaufman Hall shows.