Editor's Note Chasing size through mega-mergers no longer guarantees sustainability for health systems, according to an April 15 article in HealthLeaders. Many of the nation’s largest systems are reporting significant losses, while emerging evidence links consolidation to stagnant or declining care quality and worsening workforce challenges. The article highlights financial…
Editor's Note Constitution Billing and Financial Services (CBFS), the revenue‑cycle arm of Constitution Surgery Alliance (CSA), has signed a commercial agreement with health tech startup Milagro to deploy its autonomous medical‑coding platform across CSA’s 26 partnered and managed ambulatory surgery centers (ASCs). The partnership was announced in an April 4 CSA press…
Editor's Note Northwestern Medicine has partnered with robotic technology firm Vitestro to test and validate the safety and effectiveness of autonomous blood draw technology, according to a March 20 announcement from the health system. The multi-year collaboration centers on Aletta, billed as the world’s first Autonomous Robotic Phlebotomy Device (ARPD),…
Editor's Note Olympus Corp has introduced an AI-driven surgical planning tool designed to enhance precision in liver, lung, and kidney procedures by converting CT and MR scans into real-time 3D models. Meanwhile, the 16-year partnership between GE HealthCare and NVIDIA has evolved to focus on automating routine imaging tasks, such…
Editor's Note A new partnership between OrganOx and ProCure On-Demand aims to increase the number of viable donor livers for transplantation by combining advanced perfusion technology with expert recovery services, Fierce Healthcare reported March 17. The collaboration seeks to reduce the number of discarded organs and improve transplant success rates…
Editor's Note Tenet Healthcare closed 2024 on a high note, reporting robust fourth-quarter results driven by strategic growth in ambulatory surgery centers (ASCs) and effective cost management, Healthcare Finance February 18 and Healthcare Dive February 13 report. Partnering with United Surgical Partners International (USPI), one of the largest ASC platforms…
Ensuring safe, quality care requires precise alignment among inventory levels, delivery schedules, storage solutions, and every other element of the supply chain. A single missing piece of this puzzle—say, a delayed shipment or a storage issue—can disrupt the entire picture. Making the pieces fit can be difficult for any healthcare…
Editor's Note Bain Capital Private Equity put forward a proposal to acquire all remaining shares of Surgery Partners, an ambulatory surgery center (ASC) operator in which Bain Capital already holds a 39% stake, Modern Healthcare January 28 reports. According to a filing with the US Securities and Exchange Commission, the…
Editor’s Note Healthcare systems are increasingly establishing long-term collaborations with medical technology companies with the goal of modernizing technology and streamlining operations through ongoing training and consultation services. Modern Healthcare reported the news January 24. Involving substantial financial investments, these collaborations redefine vendor relationships as more strategic and relational, the…
Editor's Note The US hospital industry continues to face significant financial and structural challenges despite signs of stabilization in 2024, according to a January 9 report from Kaufman Hall. Despite improved operating margins and stable credit outlooks from major rating agencies, a surge in transactions involving financially distressed organizations and…