While patient surges linked to the pandemic have at times caused acute issues with hospital capacity, wider industry and structural issues have exacerbated a more chronic problem that existed before COVID hit.
Sentara Healthcare, based out of Norfolk and one of the largest not-for-profit integrated healthcare delivery systems in the U.S. Mid-Atlantic region, has concluded its transaction with SantaFe HealthCare Inc., for ownership of AvMed Inc., a not-for-profit health plan based out of Florida.
CFOs are uniquely qualified to play a more active and strategic part, beyond the tactical applications of the finance function, to help drive transformation around the company's business objectives.
C-suite leaders remain focused on weathering a coming recession, but slowing wage growth and inflation is sparking a shift in cost optimization strategies.
Jim R. Holmes, president and CEO for Redlands Community Hospital, said the Behavior Health Inpatient Adult Unit has been 'a labor of love for the hospital over the years.' The unit is closing. Holmes saying the facility was not sustainable financially.
Some HCA workers are concerned the company’s profit focus is imperiling patient safety and care. Healthcare providers throughout the U.S. are experiencing hiring challenges. Still, 11 current and six former HCA employees in five states told NBC News they believe the company understaffs its hospitals as a practice, helping to keep earnings high but increasing the risks of adverse patient outcomes.