Operations

Theranos technology can take a drop of blood from the finger and screen for a spectrum of conditions and diseases at half the price of Medicare.

The acquisition includes existing therapy provider TheraTrust and a corporate office located in Ohio that will be maintained as a regional headquarters.

In addition to labor and benefits, hospitals pumped local economies with more than $782 million in expenditures on goods and services in 2013.

National Committee for Quality Assurance lauds hospital for its work in reducing costs, improving quality and improving patient experience.

Under current conditions, operating loss for the five hospitals studied would be $190 million in 2019, according to Navigant Consulting.

Hospitals across the nation leverage automation strategies for medication management processes, but identifying and implementing best practice workflows to optimize efficiencies, patient safety and ultimately, fiscal responsibility can be a challenging proposition.

While metrics like 30-day readmissions and mortality rates weigh heavily on the results, Truven also places more emphasis on financial status than other hospital rankings lists.

The move joins Samaritan Hospital's 55-bed acute-care, inpatient facility to University Hospital's integrated network of 15 hospitals.

When you're managing something as complicated as a healthcare system, the more best practices you learn the better.

The health system said in a statement that it was never able to turn a profit on the $30 million acquisition of South Hampton Hospital in 2012.