De la Torre questioned to postpone his testimony till just after federal individual bankruptcy proceedings conclude. His attorneys said the executive did not wish to be party to the “pseudo felony proceeding.”
The offer need to be completed by Sept. thirty or prospective buyers can terminate the offer, based on the asset invest in agreements. The promotions are issue to state and regulatory evaluations.
Medicaid overtakes Medicare Gain as overall health insurers’ bogeyman in Q2 Regardless of worries in Medicaid and MA, key insurers still posted significant earnings in the next quarter — many aided by well being expert services divisions.
Healthcare organizations will need for getting serious about cybersecurity this year, and They might encounter amplified regulatory strain to tamp down facts breaches, professionals reported.
“Zero pounds are coming into the estate. There’s zero consideration getting provided to your secured lenders who've liened desire in that collateral.”
Lopez made a decision to withhold about $17 million pounds from your product sales — Steward’s funding shortfall. He'll figure out at a later day tips on how to allocate Those people proceeds.
The multi-stakeholder convention incorporates keynote speakers and deep-dive classes that concentrate on new and emerging issues in healthcare. The a few-working day agenda incorporates keynote speeches from leaders across healthcare focused on troubles like care delivery, workforce, DEI initiatives and wellness equity.
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Steward individual bankruptcy likely as substantial personal debt remains, with couple alternatives remaining Steward Wellness Treatment’s forbearance period of time finishes in fewer than 15 times. Analysts say this time, creditors are not likely to increase the embattled company A different lifeline.
Suki raises $70M to expand healthcare AI scribe The Sequence D spherical will permit the startup to hurry new solution improvement, put money into industrial initiatives and increase to its leadership crew.
de la Torre accountable for his greed and with the destruction he has caused to hospitals and people all over The us. This Committee intends to maneuver ahead aggressively to compel Dr. de la Torre to testify to your gross mismanagement of Steward Wellbeing Treatment.”
Vital hospital and supplier developments in 2024 As slim functioning margins continue on to problem hospitals, authorities forecast companies will trim avoidable fees and give attention to strategic labor investments.
Hospitals, inching toward sustained profitability, will divest from under-doing and dear services strains in 2024 although rising investments in ambulatory care solutions. Companies may also build develop-your-individual nursing programs within a bid to extend recruitment.
Late very last yr, the ONC finalized a sweeping rule that requires developers of certified AI check here tools to element facts which include how merchandise are taken care of and monitored, and identified dangers and inappropriate uses.