Congratulations to AdventHealth on the progression of their new cancer center! AdventHealth’s new 71,000 sqft, $76M cancer center is halfway through construction
#cancer#healthcarenews
https://t.co/idKGsmXpYN
The federal government has ordered states to pause disenrollment of Medicaid beneficiaries during the Medicaid eligibility redetermination process due to potential problems with the auto-renewal process. Some interesting data on Medicaid disenrollment:
https://t.co/qbzWzqhhT9
October is Breast Cancer Awareness Month. Take the opportunity to learn the signs of breast cancer, schedule a screening, or make a donation here: https://t.co/Rxa486MTc5
#breastcancerawareness
Lehigh Valley Health Network and Children’s Hospital of Philadelphia announced an affiliation agreement last Thursday. This affiliation aims to increase access to pediatric care, and advance education and research capabilities of both organizations
https://t.co/nPnzvLxk5K
The Bipartisan Primary Care and Health Workforce Act of 2023 is expected to target anti-competitive practices between providers and insurers, primarily by limiting all-or-nothing provisions used by large health systems
https://t.co/wIV8zcfRNU
Dana-Farber Cancer Institute and Beth Israel Deaconess Medical Center are partnering to create an inpatient cancer hospital in Boston. The new hospital will be the region's first freestanding hospital designed exclusively for adult cancer patients.
https://t.co/jakB7n4o39
To help fund the development of an AI-assisted ultrasound technology, GE HealthCare Technologies has received a $44M grant from the Bill & Melinda Gates Foundation. Read more here:
https://t.co/zFsWHffEXC
Children's hospitals excelled in 2022, outperforming adult care in margin, cash flow, and more. Moody's report highlights their success yet notes lingering challenges, especially reliance on Medicaid reimbursements:
https://t.co/kOE884upUs
As we continue to watch M&A activity across the industry, it is important to understand the evolution of the regulatory environment. Here’s an interesting article outlining federal and state government strategy differences:
https://t.co/NCoWjn3WeN
Brigham and Women’s Hospital researchers evaluated ChatGPT's cancer treatment recommendations against NCCN guidelines. In ~1/3 of cases, ChatGPT offered misaligned advice, highlighting AI's need for improvement in consistency for medical advising
https://t.co/XcihXzaXey
Vanderbilt Health is forming a new Ambulatory Surgery division, which aims to create opportunities for goal-setting, optimizing utilization, and increasing patient and provider satisfaction
https://t.co/0kpFDKI6ku
September is Blood Cancer Awareness Month. Take a moment to learn more about leukemia, lymphoma, and myeloma here:
https://t.co/r7T8fIGTEw
#bloodcancerawareness
California announced a new lending program that will allow 17 of its distressed community hospitals to access nearly $300M between 2023 and 2031. With the funding, the Madera Community Hospital is expected to reopen after closing last December
https://t.co/cxsXr420id
Congratulations to Astera Health and CentraCare for pursuing a partnership to expand cancer services in central MN and develop a new cancer center in Wadena adjacent to Astera Health's new hospital
https://t.co/fnqjN68987
University of Texas at Austin and MD Anderson Cancer Center will partner to create a new $2.5 billion hospital servicing Central Texas. The new cancer center will include 150 inpatient beds, a bone marrow transplant program, and multiteam surgery.
https://t.co/Nif1ZubtcE
Midwest hospitals have seen an uptick in M&A activity across the market. These deals aim to consolidate costs while achieving greater leverage with payers but have seen pushback from policymakers concerned about increased service pricing
https://t.co/JTZozTN1nN
The HHS is working with health systems to expand the nursing pipeline. About $100 million will be invested in various programs to increase staffing through training, scholarships, loan repayment and well-being programs.
https://t.co/AvzMD2aHyj
The University of Iowa signed a letter of intent with Mercy Iowa City for the university to acquire all of Mercy's facilities and assets for $20 million.
#mergersandacquisitions#healthcarenews
https://t.co/xLFKvrfEDx
Billings Clinic announced last week that it is pursuing Level 1 Trauma Center designation. The clinic will be the only ACS-verified level 1 trauma center in Montana, Wyoming, Idaho, and South Dakota.
#healthcarenews
https://t.co/MFQoaXaxFZ
Essentia Health and Marshfield Clinic Health System agreed to form a new integrated entity to serve communities across Minnesota, Wisconsin, North Dakota and Michigan. They will formally come together by the end of 2023, pending regulatory approval.
https://t.co/YynhvdwoBv