Gov. Maura Healey on Friday named the state's top hospital lobbyist to a position at the regulatory agency that oversees virtually all major health care decisions — including those directly affecting his clients — in Massachusetts. Healey appointed six people to the Health Policy Commission's board of directors, including Massachusetts Health and Hospital Association President Steve Walsh, punctuating a flood of hand-wringing from business leaders, health care advocates and other segments of the industry worried about a potential conflict of interest.
Luigi Mangione, Sean 'Diddy' Combs and Sam Bankman-Fried have found a new (fictional) life on the stage. The new fringe production Luigi: The Musical, has been selling out shows in San Francisco, as it satirizes the real-life circumstances of Mangione, who is accused of killing the UnitedHealthcare CEO, being housed in the same Brooklyn jail as Diddy and Bankman-Fried, who were charged with sex trafficking and crypto fraud, respectively. While it keeps extending its current run, the show's creators are also aiming for the Edinburgh Fringe Festival this August and exploring possible future productions in New York and Los Angeles.
Community Health Systems, Inc. says CEO Tim Hingtgen will retire at the end of September and consult with the Franklin, TN-based provider. CHS CFO/President Kevin Hammons will serve as interim CEO and Chief Accounting Officer / SVP Jason K. Johnson will be interim CFO.
U.Va. Health has now lost two senior leaders in one week as Melina Kibbe, dean of the School of Medicine and chief health affairs officer at U.Va. Health, and University Medical Center CEO Wendy Horton will both leave the health system to accept new positions. Kibbe will become president of the University of Texas Health Science Center at Houston, after being named the sole finalist for the position. Horton has accepted a leadership role at the University of California San Francisco Health Center after serving in her position at U.Va. Health since 2020.
Bankrupt Steward Health Care System LLC hit former insiders, including ex-CEO Ralph de la Torre, with a nearly $1.4 billion lawsuit alleging they 'pilfered' the healthcare network's assets for their own gain. The former executives 'through greed and bad faith misconduct' enriched themselves at the expense of Steward Health and creditors via a series of transactions in 2021 and 2022, Steward Health said in a suit filed Tuesday in the US Bankruptcy Court for the Southern District of Texas. 'These insiders pilfered Steward's assets for their own material gain, while leaving the Company and its hospitals perpetually undercapitalized and insolvent,' the suit said. 'Their misconduct ultimately led to Steward's collapse and the filing of these chapter 11 cases.'