A new partnership will help make sure a rural hospital in Cherokee County stays open. The Floyd Health System announced it's joining Atrium Health. This will put the Floyd Cherokee Medical Center under Atrium's umbrella which includes a 650 million dollar investment into Floyd hospital locations.
Israeli generic medicines producer Teva Pharmaceutical Industries Ltd. announced Thursday the appointment of Eli Kalif as Executive Vice President and Chief Financial Officer, effective December 22, 2019. Kalif will be based out of Teva's global headquarters in Israel. Kalif joins Teva with broad experience in corporate and operational finance, most recently as Senior Vice President, Finance, leading the finance organization that supports the Global Operations, Components & services business at Flex Ltd.
An announcement by 14 health systems on Tuesday to commit $700 million to, among other things, build affordable housing, is obviously less than Apple’s recent $2.5 billion pledge to tackle California’s housing crisis. But it’s a large commitment by a collective of health systems to address environmental health factors known as social determinants of health (SDoH).
In 1986, Congress enacted a law to bar hospitals from turning away patients who are unable to pay. Any hospital with an emergency room that participates in federal health programs must evaluate and stabilize every patient who comes through the door, including those who are uninsured, indigent, addicted to drugs, or mentally ill.
Walgreens Boots Alliance Inc has been exploring whether to go private following private equity interest in the U.S drug store chain, which has a market value of more than $55 billion, according to people familiar with the matter.
Tenet Healthcare Corp has tentatively agreed to pay $66 million to resolve claims it billed government programs for services provided to patients referred to it by doctors who had improper financial and kickback relationships with an Oklahoma hospital it owns.