Vedant Bhosale
The Growing Strain on Community Health Systems— And Why Data May Be the Key to Revenue Relief
Unprecedented pressure has been placed on rural and community-based hospitals following the passage of the federal reconciliation package (originally H.R. 1), now law. The Congressional Budget Office (CBO) outlined that the bill would reduce federal Medicaid spending by $1 trillion and increase the number of uninsured people by 10 million.…
Read MoreWhat’s getting better in healthcare: System CEOs share bright spots
Healthcare is navigating one of its most challenging eras. Yet, progress is still happening in meaningful ways across the country — leaders are focused on clinical breakthroughs, strengthening their teams and expanding access or closing critical care gaps. In the midst of financial pressures and uncertainties, workforce shortages and shifting…
Read MoreWill health system hiring slow in 2025?
One in 5 chief human resources officers across industries expect hiring to slow in the next six months. This is nearly twice the share who anticipated pullback in 2024, according to a Q2 Conference Board survey of more than 100 leaders. What is the outlook at hospitals and health systems?…
Read More‘We have to look out for each other’: CFOs on tackling burnout
The responsibility of working in healthcare finance can often bring a heightened risk for burnout, a challenge that many hospital and health system CFOs are addressing not just for themselves, but also for their teams. From balancing accountability with support, to creating a culture where taking time to recharge is…
Read MoreMichigan hospital nurses reach tentative agreement after ‘practice strike’
Nurses at UP Health System-Marquette, who are represented by the Michigan Nurses Association, have reached a tentative labor contract on Aug. 24. The nurses’ tentative agreement follows an Aug. 18 “practice strike” by union members. According to a joint news release, the deal includes guaranteed wage increases of 18.75% over…
Read MoreOpenAI expands healthcare team
OpenAI has added two new members to its healthcare team. The AI company recently appointed Ashley Alexander as its new vice president of health products and Nate Gross, MD, to lead its healthcare strategy. Dr. Gross will be responsible for strengthening collaboration across the healthcare ecosystem and ensuring OpenAI’s technologies…
Read More‘Now is the time to act’: Minnesota system votes to convert to nonprofit
Alexandria, Minn.-based Alomere Health will move forward with plans to convert from a county-owned hospital to a nonprofit after its board of directors voted unanimously to recommend the change. The recommendation now goes to the Douglas County Board of Commissioners, which will review a proposed lease agreement and governance structure…
Read MoreHow health systems are managing supply costs while building resilience
As supply costs rise and disruptions persist, health systems are finding new ways to balance cost while building more reliable supply chains. Leaders are focusing on smarter purchasing, closer clinical partnerships and optimizing data to ensure high-quality care while controlling cost. Here are responses from seven supply chain leaders who…
Read MoreHospitals invest in AI despite doubts about readiness: Report
A majority of hospital and health system executives believe AI could improve clinical decision-making and cut costs, but few say they are ready to integrate the technology into day-to-day care, an Aug. 26 report from Sage Growth Partners found. Sage Growth Partners surveyed 101 executives across integrated delivery networks, academic…
Read MoreAdventHealth names 2 Florida hospital CEOs
Altamonte Springs, Fla.-based AdventHealth has appointed CEOs for two Florida campuses. Brad Hillmon was named CEO of AdventHealth Apopka (Fla.) and Michael Mewhirter was named CEO of AdventHealth East Orlando (Fla.), according to an Aug. 26 health system news release shared with Becker’s. Mr. Hillmon has been with AdventHealth for…
Read More