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STAT+: DOJ investigating Community Health Systems’ hospitals

STAT

Community Health Systems is facing a new federal probe into its hospital billing practices more than four years after the hospital chain settled separate allegations of fraudulent overbilling. Continue to STAT+ to read the full story…

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FTC opposes Novant Health's $320M hospital deal with Community Health Systems

Fierce Healthcare

Regulators are pumping the brakes on Novant Health’s deal to buy two North Carolina hospitals from Community Health Systems (CHS), citing concerns of higher healthcare costs and little incentive fo | The transaction for Lake Norman Regional Medical Center, Davis Regional Medical Center and other assets would give Novant Health 65% control of the inpatient (..)

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Lawmakers float 'essential health system' designation to help direct funds toward safety-net hospitals

Fierce Healthcare

A pair of representatives unveiled legislation that would designate more than 1,000 nationwide hospitals as “essential health systems” under federal statute, a first step the bipartisan lawmakers a | More than 1,000 "historically underfunded" hospitals nationwide would meet the designation outlined in a bipartisan bill introduced Thursday, (..)

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STAT+: How Silicon Valley’s hospital whisperer bridges the gap between startups and health systems

STAT

In leading General Catalyst’s budding partnerships with health systems, Tol is tasked with bridging the gap between venture funds, startups, and hospitals. It also means managing tense, sometimes emotional conversations between experts who disagree on the right way to improve health care.

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Layoffs are ramping up among hospitals and health systems. Here are 34 examples from 2023

Fierce Healthcare

Layoffs are ramping up among hospitals and health systems. Here are 34 examples from 2023 dmuoio Fri, 04/07/2023 - 16:53

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Nonprofit hospitals, health systems still another year away from 'normal,' Fitch predicts

Fierce Healthcare

Nonprofit hospitals and health systems are likely still a year away from “normal” finances, volumes and in particular labor availability as the sector claws its way back from “what will likely be d | The ratings agency's latest sector report outlines "across-the-board" margin deterioration and other signs that nonprofit hospitals' (..)

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Community Health Systems sells two North Carolina hospitals to Novant Health for $320M

Fierce Healthcare

Community Health Systems sells two North Carolina hospitals to Novant Health for $320M dmuoio Tue, 02/28/2023 - 16:51