Alexandra Murphy
Novartis to expand cardiovascular drug portfolio with $1.4B deal
Novartis is acquiring biopharmaceutical company Tourmaline Bio for $1.4 billion to boost its cardiovascular pipeline. Tourmaline develops pacibekitug, a drug used to treat atherosclerotic cardiovascular disease, according to a Sept. 9 news release from Novartis. Novartis said the drug is in advanced phase 2 clinical trials and works to combat…
Read MoreDuke Health’s CEO to join Kaiser Permanente
Craig Albanese, MD, is leaving Durham, N.C.-based Duke University Health System to join Kaiser Permanente. Dr. Albanese became Duke’s vice president and COO in January 2022 and was appointed CEO in 2023. He led expansion efforts at Duke and forged AI partnerships with Microsoft and Abridge. At Oakland, Calif.-based Kaiser…
Read MoreMedline partners with Louisiana hospital
Medline has entered into a multi-year vendor agreement with West Calcasieu Cameron Hospital in Sulphur, La. Under the agreement, the hospital will source a range of medical and surgical supplies from Medline, including custom surgical packs, according to an Sept. 8 news release from the company. The hospital will be…
Read MoreIs technology moving the needle on clinician burnout?
Clinician burnout remains one of the most urgent challenges in healthcare. In recent years, hospitals have turned to tools such as ambient documentation and virtual nursing, betting that AI could lighten the load by cutting down on paperwork and freeing physicians and nurses to focus on patient care. The question…
Read MoreInfusion efficiency overhaul delivers $6M in annual ROI for Baptist MD Anderson
Infusion volumes at Baptist MD Anderson Cancer Center in Jacksonville, Fla., have more than doubled since 2019, surpassing 39,000 annual visits, without adding a single chair. This growth, which includes a 140% increase in daily scheduled volumes and a 13% boost in chair efficiency, was achieved through data-driven redesign, predictive…
Read MoreAs hospital closures accelerate, Medicaid cuts could worsen trend
As hospitals continue to face mounting financial pressures, facility closures are ramping up as a direct consequence of those strains. As of September 2025, Becker’s has reported 21 hospital closures, up from our coverage of 19 facility closures at this point in 2024. Becker’s capped its 2024 reporting with 25…
Read MoreNew York system saves nearly $250M from RN recruitment, retention
NYC Health + Hospitals, an 11-hospital system based in New York City, has saved nearly $250 million through strategies to reduce nurse turnover costs and reliance on travel staff. In 2024, the health system saved more than $150 million by decreasing its reliance on travel nurses and filling 3,000 registered…
Read More12 fastest-growing healthcare jobs by 2034
The U.S. is expected to add 5.2 million jobs from 2024 to 2034, with healthcare and social assistance projected to see the largest job growth and be the fastest-growing industry sector in terms of employment at 8.4%, according to the Bureau of Labor Statistics. Growth in healthcare and social assistance…
Read MoreFTC names associate director for healthcare
Federal Trade Commission Chairman Andrew Ferguson has named Emma Burnham associate director for healthcare in the Bureau of Competition. Four things to know: 1. Ms. Burnham has been appointed to the role after spending 11 years as a prosecutor in the Justice Department’s Antitrust Division, according to a Sept. 9…
Read MoreCHS Arizona hospital names CEO
David Schott was appointed permanent CEO of Western Arizona Regional Medical Center in Bullhead City. Mr. Schott assumed his new role Sept. 7, bringing nearly 10 years of executive experience in hospitals and healthcare organizations in Ohio, Georgia and Arizona, according to a hospital news release. Most recently, he served…
Read More