Capital Finance

CEO Jim Rechtin said a "challenging external environment" is preventing the company from reaching its full potential.

Hospitals are focusing on rebuilding cash reserves by cutting costs and boosting revenue through service line management.

Officials said a new 14-story tower and five-story pavilion will deliver better care and help the facility adapt to change.

Due to the strong performance, the company is forecasting 2024 EPS guidance of $21.60 to $22.80 per share, both improvements.

Operating revenue was $43.2 billion in the quarter, a decrease of $0.2 billion compared to the prior year quarter.

Two of the 11 transactions were mega mergers, yet both were strategic transactions and neither were focused on scale.

Massive chain cyberattacks, including those against Change and Ascension, have shed new light on the power of these incidents to trigger multiple cyber insurance policies, says Hartmut Mai, president of Cyberwrite.

The parties have not yet withdrawn material change notice filings with the Massachusetts Health Policy Commission.

Piction Health partnered with over 200 dermatologists worldwide to build a data set across skin tones, says CEO and cofounder Susan Conover.  

When a larger company buys a smaller company in the same industry, this "tuck-in acquisition" is relatively safe, says Aytan Dahukey, partner and leader of Sheppard Mullin's private equity team as well as a member of the firm's healthcare and emerging growth/venture capital teams.