Central Maine Healthcare has entered into an agreement to be purchased by the California-based non profit Prime Healthcare Foundation. Under the deal, still pending regulatory review, Prime will invest $150 million in Central Maine Healthcare.
Transcarent CEO Glen Tullman spent much of 2024 hinting that his health benefits upstart might be shopping around for acquisitions, and just over a week into the new year, he’s making good on it: Transcarent on Wednesday announced it will buy Accolade, another benefits company, for $621 million — more than double Accolade’s value on the stock market the day before.
Healthcare facilities face significant challenges in procuring and managing medical imaging equipment. These high-cost, high-stakes purchases, such as MRI and CT scanners, can directly impact patient care and financial sustainability.
Faced with a growing healthcare worker shortage and provider burnout, some North Carolina healthcare leaders have said there is great promise in artificial intelligence systems. The state's healthcare systems have been early adopters of AI tools — overt and invisible — that are shaping the patient and provider experience. Across North Carolina, AI is helping providers predict health risks, communicate with patients and manage administrative tasks.
Allegheny Health Network plans to close the inpatient unit at its tiny hospital in New York in exchange for higher Medicare reimbursement to address the financial pressures that virtually all rural hospitals in the U.S. are facing.
The 162-page report by the Senate Budget Committee comes as Americans continue to express outrage over the role of corporations in the U.S. healthcare system, following the December killing of the CEO of the nation's largest health insurer. And its findings add to a chorus of lawmakers trying to address the detrimental impact of private equity ownership on critical U.S. hospitals.