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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...

First Chief AI Officer appointed at Cleveland Clinic

Cleveland Clinic has made a strategic move into the world of artificial intelligence by appointing Ben Shahshahani as its first chief AI officer. Shahshahani,...

Abridge, Epic, Mayo Clinic Team for Gen AI Nursing Tools

Abridge, Epic, and Mayo Clinic have teamed up to develop generative AI tools for nurses, aiming to streamline medical documentation and alleviate some of...

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...

CMS Proposes 2.6% Increase for Outpatient, ASC Pay in 2025

The Centers for Medicare & Medicaid Services (CMS) have proposed a 2.6% increase in Medicare payments for outpatient and ambulatory surgical centers (ASCs) in...

Prospect Medical Holdings Under DOJ Investigation

Prospect Medical Holdings, a financially troubled 16-hospital system, is facing a federal investigation by the Department of Justice (DOJ), according to court documents revealed...

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