Welcome to the first of five episodes in our podcast series “Digital Deals in Life Sciences – What Makes Them Different?” Transactions involving digital assets are becoming an increasing focus for pharmaceutical companies. In this series, life sciences industry M&A veteran and Sterling Technology board advisor John Easton will discuss how these differ from traditional ..read more

The health system made progress on controlling expenses by cutting contract labor costs and insourcing physicians, but costs still dragged on earnings.Dive Brief:Community Health Systems posted mixed first-quarter earnings results on Wednesday as operating revenue improved but costs remained high. Overall, the health system reported a $41 million net loss.Operating revenues grew marginally year over ..read more

Two new reports document the healthcare industry’s continuing failure to fairly and equitably serve poor and underserved patient populations. We talked about ways to solve the problems on the new episode of the 4sight Health Roundup podcast.David W. Johnson is CEO of 4sight Health.Julie Vaughan Murchinson is Partner of Transformation Capital and former CEO of ..read more

Walgreens announced that it is expanding its specialty pharmacy offerings. Experts think that this move could yield several strategic benefits, given the higher profit margins associated with specialty medications compared to traditional drugs. They also think Walgreens’ move could lead to greater competition, consolidation and innovation within the broader pharmacy industry.Walgreens announced this week that ..read more

University of Washington professor David Baker has made a name for himself by borrowing computer science concepts like machine learning and artificial intelligence to solve problems in biology. A few years ago, his lab surprised scientists by constructing an AI-powered protein-folding prediction system rivaling Google’s DeepMind AlphaFold. Now Baker is pushing forward in a different ..read more

A hands-on approach may be better for physicians to manage claims.A recent voluntary, national survey by Premier shed new light on denied claims. The survey, conducted from October to December 2023, revealed that nearly 15% of all claims across Medicare Advantage, Medicaid, Commercial, and Managed Medicaid are denied. Of those denied claims, 45% to 60 ..read more

A number of healthcare organizations have recently closed medical departments or ended services at facilities to shore up finances, focus on more in-demand services or address staffing shortages.Here are 10 department closures or services that are ending or have been announced, advanced or finalized that Becker's has reported since April 1:1. Centerville, Ohio-based Miami Valley ..read more

Honolulu-based Queen's Health System plans to complete its acquisition of an 88-bed psychiatric hospital from Sacramento, Calif.-based Sutter Health later this year. Queen's has signed a letter of intent to acquire Kahi Mohala psychiatric hospital, which is in Ewa Beach, Hawaii, from Sutter Health. Signing of the letter activates a due diligence process that is ..read more

UnitedHealth updates situation on ransomware hack that has disrupted medical and pharmacy processes across the nation.The Change Healthcare cyberattack likely involved personal information of a “substantial proportion of people in America,” according to new information released by UnitedHealth Group. But the company said they haven’t seen evidence of doctors’ charts or full medical histories among ..read more

Kittitas Valley Healthcare in rural Washington state last year implemented an innovative new model for retaining essential obstetric and other women’s health services in its community. LEARN MORE ..read more