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Bloomberg grants $600M to 4 Black medical schools endowments

Bloomberg Philanthropies has granted $600 million to the endowments of four historically Black medical schools: Meharry Medical College, Charles R. Drew University of Medicine...

Woodbridge to Acquire 3 CHS Pennsylvania Hospitals for $120M

In a significant healthcare transaction, Woodbridge Healthcare, a non-profit organization, has entered into an agreement to purchase Commonwealth Health, a network of three hospitals...

Senate Committee to Compel Steward Health CEO for Testimony

The Senate Health, Education, Labor, and Pensions (HELP) Committee is preparing to investigate Steward Health Care and its CEO, Ralph de la Torre, M.D....

Private Equity Providers Under 4% of US Market: PitchBook

Despite concerns from patient advocates and lawmakers about the influence of private equity (PE) in healthcare, a new report from PitchBook reveals a surprising...

HarmonyCares Gets $200M to expand In-Home Value Based Care

HarmonyCares, a leading provider of in-home primary care, received a significant boost in its mission to expand access to quality healthcare, particularly for senior...

Steward’s physician group sale to Optum is off

Steward Health Care suffered a major setback in its financial recovery plans after Optum, a subsidiary of UnitedHealth Group, opted out of bidding for...

Hospital Mergers Drive Up Prices and Cause Job Losses

A new study by the National Bureau of Economic Research paints a concerning picture of the ripple effects caused by hospital mergers. The analysis,...

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