The board of the nation's largest Catholic health system has unanimously endorsed Ascension's new "advanced strategic direction," Ascension CEO Anthony Tersigni told his employees in a video obtained by Modern Healthcare.
A total of 62 companies raised $218 million last year, according to figures from the BioEnterprise Midwest Healthcare Growth Capital Report.
Outside of small contracts, R1 RCM hasn't announced major revenue-cycle clients it didn't already have ties with since its 2011 partnership with Intermountain Healthcare. Investors will closely watch Friday's financial release for signs the company, formerly Accretive Health, is on the rebound.
HCA Healthcare plans to add North Carolina to the list of 20 states it currently operates in, having signed a letter of intent to acquire Mission Health, a six-hospital system based in Asheville.
Dr. Mitchell Katz, who took over as CEO at NYC Health and Hospitals in January, plans to address the public health system's fiscal woes by spending his money where it counts the most: staffing.
The test doesn't detect concussions and the approval won't immediately change how patients with suspected concussions are treated. But it allows Banyan Biomarkers to commercialize its test, giving the company an early lead in the race to find a way to diagnose concussions.
Union nurses at a Detroit Medical Center hospital charge that Tenet Healthcare Corp. has violated the terms of its 2013 purchase of DMC. They say charity care has dropped 98% since 2013 at four DMC hospitals.