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Most-read stories in the last 7 days
126 stories
May 7, 2025·Business Wire
Northwell Health and Nuvance Health have merged to form a new health system serving over 13 million residents in New York and Connecticut, with a combined operating budget of $22.6 billion. The newly integrated organization employs over 104,000 staff, including 22,000 nurses and 13,500 providers, and encompasses 28 hospitals and more than 1,050 outpatient facilities. The merger aims to improve patient care through collaboration between the Feinstein Institutes for Medical Research and the Zucker School of Medicine, with Northwell committing to invest at least $1 billion in Nuvance hospitals to enhance services and address health disparities across the communities served.
Apr 22, 2025·PR Newswire
Arkansas Methodist Medical Center (AMMC) in Paragould and Baptist Memorial Health Care in Memphis have entered a non-binding letter of intent to merge, with the goal of improving healthcare services in the region. Baptist Memorial's CEO, Jason Little, emphasized the alignment of values between the organizations, while AMMC's CEO, Brad Bloemer, noted that the merger would enable increased access to specialists and updated facilities. Both institutions are in the preliminary stages of discussions, aiming to finalize the agreement by early 2026, with AMMC seeking to build on its 75-year history of healthcare delivery.
Apr 1, 2025·The Register
VMware has filed a lawsuit against Siemens AG's U.S. operations in the U.S. District Court for Delaware, alleging unauthorized use of unlicensed software. The dispute arose after Siemens sought extended support for VMware products, presenting a list that VMware asserts contained numerous unlicensed items. Siemens threatened legal action against VMware for not honoring support for the claimed products, prompting VMware to provide temporary support while disputing the accuracy of Siemens's list. The situation became more complicated when Siemens attempted to modify its list, which VMware found problematic and indicative of a lack of transparency regarding software usage.
Jan 15, 2025·Fierce Healthcare
The healthcare mergers and acquisitions (M&A) market in 2024 showed resilience with 1,373 deals, despite a 9% decline from 2023. A PwC report noted that while deal volume decreased from 1,506 last year, it remains robust compared to pre-COVID levels, reflecting a stabilization around 1,300 to 1,400 deals annually. The total value of these transactions increased slightly to $69 billion, though still below the peak of $197 billion in 2021. Megadeals were sparse, with only one transaction surpassing $5 billion, but significant deals, including Novo Holdings' $16.7 billion acquisition of Catalent, marked the year. Looking ahead, Donkar projects continued activity in 2025.
Jan 12, 2025·Cayuga Health
Arnot Health and Cayuga Health have merged to form Centralus Health, a development that aims to enhance healthcare delivery in the Southern Tier, Finger Lakes, and Central New York regions. Celebrated during media events at both Cayuga Medical Center and Arnot Ogden Hospital, the collaboration focuses on improving healthcare access and services, particularly for underserved populations. Key initiatives include the upcoming deployment of the EPIC electronic health record system in March 2025 and the MyChart patient portal, which will improve patient management and provider communication. This partnership, first announced in April 2023, promises to optimize resource sharing and operational efficiency between the two organizations.
Jan 12, 2025·bluesight.com
Bluesight has acquired Protenus, a prominent provider of healthcare compliance analytics, to enhance its compliance capabilities and bolster its drug diversion platform. This acquisition aims to integrate Protenus' patient privacy monitoring features with Bluesight's inventory management solutions, creating a unified platform to tackle compliance and operational challenges in the healthcare sector. Utilizing artificial intelligence, Protenus offers scalable solutions for risk reduction and patient safety, while the merger will combine Bluesight's operational intelligence with Protenus' expertise to improve medication safety and efficiency. Both companies' leaders express confidence that this partnership will deliver significant value to healthcare organizations.
Jan 8, 2025·Inside CHOC
Rady Children’s Health will officially launch on January 1, 2025, as a result of the merger between Children’s Hospital of Orange County (CHOC) and Rady Children’s Hospital San Diego, following approval from the California Office of the Attorney General. The new healthcare system aims to enhance pediatric care across Southern California by improving patient outcomes and promoting health equity, building on a longstanding partnership between the two hospitals. Leadership will be jointly held by CHOC’s Kimberly Chavalas Cripe and Rady’s Patrick A. Frias, MD, focusing on patient care, education, and research while integrating their resources with the University of California's medical schools. The new system will comprise three hospitals: CHOC Hospital in Orange, CHOC at Mission Hospital in Mission Viejo, and Rady Children’s Hospital in San Diego.
Jan 6, 2025·Sanford Health
Sanford Health and Marshfield Clinic Health System have merged to create a unified nonprofit integrated health system operating under the Sanford Health name, aimed at improving patient-centered care in the Midwest, particularly in rural areas. This merge adds 13,000 employees from Marshfield and expands health services to the Marshfield region in Wisconsin and Michigan's Upper Peninsula, while maintaining operations for Sanford Health Plan and Security Health Plan. Dr. Brian Hoerneman has been appointed president and CEO of the Marshfield Clinic region, reflecting the commitment to enhance healthcare access in these areas. The combined organization will support a broader geographic service area, including multiple states, with nearly 56,000 employees and 56 hospitals.
Jan 2, 2025·Cleveland Clinic
Hospital mergers and acquisitions are increasingly common as healthcare organizations seek to manage rising costs, staffing issues, and regulatory pressures. Analysis shows that 40% of merging hospitals introduce new services after acquisition, aiming to enhance patient access and care quality while achieving financial viability. However, successful integration, particularly in technology, requires a structured approach. Craig Baker from Cleveland Clinic emphasizes the need for adaptable workflows and alignment of technology with service lines. His team utilizes a "pod" concept, which promotes collaboration among various healthcare disciplines to address integration challenges while standardizing processes across different facilities.
Dec 11, 2024·TechCrunch
On Wednesday, Meta's major applications, including Facebook, Instagram, Messenger, WhatsApp, and Threads, faced a substantial global outage that rendered them inaccessible to many users. The specific cause remains undetermined, but Meta acknowledged the problem on social media, describing it as a "technical issue" and promised a swift resolution. As the outage affected services, including Facebook Ads Manager, Instagram and WhatsApp informed users of their awareness of the situation, with some functionality reportedly returning shortly after the initial disruption started at around 1 p.m. ET, leading to thousands of user complaints logged on services like Downdetector.
Nov 26, 2024·healthsystemcio.com
Mergers and acquisitions in healthcare systems can improve operational efficiency, but they also pose significant cybersecurity challenges that require careful management. Greg Sieg, Chief Information Security Officer at the University of Michigan Regional Health Network, stresses the importance of clear communication among leadership and frontline staff during the merging process to address these risks. He highlights the need for a thorough evaluation of organizational strengths and weaknesses at various merger stages, alongside a practical approach to standardizing IT systems. By inventorying existing tools and contracts, teams can identify gaps and develop a strategic plan for integration, aimed at minimizing disruptions and enhancing cybersecurity.
Nov 11, 2024·MobiHealthNews
Health Catalyst has acquired Intraprise Health, a cybersecurity firm, for approximately $43 million to strengthen its healthcare data management and cybersecurity capabilities. The transaction, which includes cash and about 2.2 million shares of common stock, aims to integrate Intraprise's cybersecurity risk management platform with Health Catalyst's existing systems. This partnership is intended to enhance risk management and information security, helping clients develop cyber resilience programs. In its third-quarter report for 2024, Health Catalyst reported revenues of $76.4 million and an adjusted EBITDA of $7.3 million, indicating a positive financial trend following a previous net loss.
Sep 25, 2024·Nextgov
Earlier this week, the FBI raided Carahsoft Technology Corp. in Reston, Va., as part of an investigation into possible procurement fraud, seizing documents and electronic records. While Carahsoft, a significant player in government IT contracting, has not been charged with any wrongdoing, the investigation raises questions about the integrity of government contracting processes. In response, the company reaffirmed its commitment to cooperating with authorities and adhering to ethical business practices. The ongoing investigation could have broader implications for the government contracting sector and its stakeholders.
Sep 11, 2024·HealthLeaders
Henry Ford Health and Ascension have announced their joint venture, which is set to launch soon. The collaboration aims to enhance healthcare services in Michigan by combining resources and expertise from both organizations. This partnership focuses on improving patient care delivery and expanding access to services, reflecting a strategic move to address evolving healthcare needs in the region.
Sep 2, 2024·WIRED
The article profiles Meredith Whittaker, the president of Signal, a privacy-focused messaging app. It discusses her career, her advocacy for ethical technology practices, and her current role in leading Signal's efforts to maintain secure and private communication for its users. The article explores Whittaker's perspectives on privacy, technology ethics, and the challenges of operating a non-profit organization in the tech industry.
Aug 30, 2024·Becker's Hospital Review
Academic health systems in the U.S. are increasingly acquiring rural and community hospitals to address financial challenges and maintain care access. Strategic partnerships offer smaller organizations sustainability while benefiting academic systems’ goals. MyMichigan Health, for example, recently acquired three hospitals from Ascension. CEO Lydia Watson emphasizes cultural alignment and strategic growth over scale, considering factors like clinical quality, financial stability, community benefits, and leadership fit. UCSF Health similarly acquired two hospitals from Dignity Health for $100 million, with CEO Suresh Gunasekaran highlighting vision alignment, academic mission, and workforce commitment as crucial factors in partnerships. Both health systems focus on strategic acquisitions to enhance care quality and community services.
Aug 29, 2024·AMA
Dr. Jaewon Ryu, CEO of Risant Health, emphasizes the need to shift U.S. healthcare from a predominantly hospital-centric system to a proactive, preventive model known as value-based care. Risant Health, a nonprofit organization initiated by Kaiser Foundation Hospitals, aims to expand value-based care through partnerships with community-based health systems. Geisinger Health System joined Risant in early 2024, and Cone Health is set to follow upon regulatory approval. These health systems will maintain their regional operations while benefiting from Risant Health’s resources to enhance patient-centered care practices, moving away from episodic treatment towards comprehensive health management.
Aug 26, 2024·Becker's Hospital Review
Hospital consolidation in Pennsylvania has surged, leading the nation in merger and acquisition activity this year. Notable deals include Risant Health’s acquisition of Geisinger Health, UPMC’s expansion with Washington Health, and WellSpan Health’s integration of Evangelical Community Hospital. Additionally, Jefferson Health merged with Lehigh Valley Health Network, Penn Medicine plans to acquire Doylestown Health, Community Health Systems is selling three hospitals to WoodBridge Healthcare, and CHA Partners intends to buy Crozer Health. These transactions illustrate a broader trend of strategic consolidations aimed at expanding healthcare networks and enhancing service offerings.
Aug 23, 2024·Becker's Hospital Review
Epic Systems founder and CEO Judy Faulkner announced the company’s forward-looking strategy, detailing plans and developments aimed at the next 25 to 50 years. Speaking at Epic's Users Group Meeting in Verona, Wisconsin, Faulkner emphasized their continued global expansion and technological advancements, including a major go-live in London and the integration of AI in clinical operations. With a focus on creating a more engaging user experience, Faulkner highlighted initiatives in precision medicine, AI-driven patient care tools, and user software improvements. Epic also plans to enhance its infrastructure to prioritize employee productivity by expanding individual office spaces, amid ongoing efforts to involve patients directly in their healthcare through shared digital interfaces.
Aug 22, 2024·crn
CrowdStrike executive Gur Talpaz has dismissed claims that the cybersecurity firm is planning to acquire patch management company Action1 for nearly $1 billion, calling these reports "outrageous." Despite a single, brief meeting between the two companies following the RSA Conference, Talpaz clarified that no senior CrowdStrike leaders were involved, no non-disclosure agreements were signed, and discussions did not progress beyond a surface level. Action1 issued a statement confirming multiple acquisition inquiries but emphasized its decision to remain independent. These claims emerge amid CrowdStrike's reputational challenges following a defective update that caused significant disruptions, including a costly outage for Delta Airlines. CrowdStrike is now committing to more rigorous testing and staged updates to prevent future issues.