The Philadelphia-based academic health systems have an exclusive 90-day window to determine whether the acquisition will be a good fit. They will also evaluate the sale of Temple's interest in Health Partners Plans.
Keck Medicine of USC CEO Thomas Jackiewicz is positioning the organization to take on bundled payments, as well as to acquire new hospitals.
Four premature babies in the neonatal ICU have contracted the Acinetobacter baumannii bacteria since September, three of whom died, according to public health officials.
Montefiore Health System grew its excess of revenue over expenses 66% year over year in the nine months ended Sept. 30 to $119 million.
UPMC saw strong growth in admissions and observation visits during the first nine months of 2018, as well as strong revenue growth in its outpatient sector.
St. Peter's Healthcare System, the last independent hospital in Middlesex County, N.J., announced it's looking for a strategic partnership or affiliation while retaining its Catholic mission. Any suitors must be approved by the Catholic Church.
Their union builds off an existing academic affiliation spanning two decades to create an 18-hospital system with about $5.9 billion in revenue.
With a focus on research and training, academic medical centers have long prided themselves on being a destination for complex care. But they aren't always organized around the patient. Banner Health's Dr. Steve Narang thinks there is a better way.
The board of the Patient-Centered Outcomes Research Institute agreed to award $85 million for 16 new studies on treatment options for conditions like opioid abuse and cancer.
The University of Pittsburgh Medical Center saw a 69% dip in profit during the first six months of 2018 compared with the same period in 2017, despite increased admissions and patient days.
NYU School of Medicine will provide free tuition to all current and future students to alleviate the burden of crippling debt on physicians. It's the first major medical school in the U.S. to provide free education to all students.
A Navigant study found 24% of academic medical centers received penalties for their performance on three of the CMS' value-based payment programs in fiscal 2018 while 13.7% of community hospitals received penalties.