Capital Finance
The investment is part of a broader strategy for Hartford Hospital to be a destination for research, teaching, innovation and clinical discovery, CEO says.
Hospitals must balance continued outpatient expansion with necessary inpatient modernization, report says.
Alexander Richter of the SciTech Innovation Hub at SciTech Scity says the company seeks out startup technology that can address health systems' pain points and launches pilots to demonstrate the tools' usability, efficacy and sustainability.
Merger isn't the result of failing financials, but of leveraging scale in an incredibly complex system, according to health systems.
UnitedHealth bought Banmedica in 2018 for $2.8 billion and is selling the company for $1 billion.
West Virginia University Health System will invest $800M over five years to modernize the 5 Independence hospitals.
The investment will expand access and modernize facilities, as well as build new ones, the system says.
The addition of 234 hospital beds in private rooms will create a total of 339 beds across the expanded hospital.
The collaboration gives tech startups the ability to to demonstrate value directly with clinicians.
Rural hospitals were 30% less likely to offer obstetrics five years after being acquired, but more shocking was patient outcomes data, says Martin Gaynor, professor emeritus at Carnegie Mellon University.