Tag: partnership

Health system mega-mergers fall short amid cost, quality concerns

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…

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By: Matt Danford
April 15, 2025
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CSA taps Milagro’s AI coding to accelerate revenue cycle across ASC network

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…

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By: Tarsilla Moura
April 9, 2025
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Northwestern tests autonomous blood draw robot

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),…

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By: Matt Danford
March 27, 2025
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AI-driven tech partnerships aim to enhance surgical planning, imaging

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…

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By: Matt Danford
March 24, 2025
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Partnership promises to expand liver transplant access, improve organ viability

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…

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By: Matt Danford
March 18, 2025
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Tenet Healthcare's strategic ASC expansion, hospital divestitures boost 2024 Q4 results

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…

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By: Tarsilla Moura
February 26, 2025
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Three strategies for demystifying the ASC supply chain puzzle

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…

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By: Brad Clark and Jeff Kremer
January 31, 2025
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Bain Capital seeks full acquisition of Surgery Partners amid growing private equity interest in 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…

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By: Tarsilla Moura
January 29, 2025
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Health systems embrace multi-year medical technology partnerships

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…

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By: Matt Danford
January 28, 2025
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Hospital M&A trends report reveals financial distress, market reorganization

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…

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By: Matt Danford
January 10, 2025
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