Northeast hospital margins are recovering, report finds
Plus:
Midtown investment firm launches first U.S. psychedelics and marijuana fund
Long Island medical distributor gets $53.4M federal PPE contract
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Hospitals nationwide showed a modest but solid uptick in operating margins in April, according to the latest report from hospital and higher education consultancy firm Kaufman Hall. Although March was when hospitals first achieved positive margins even without federal assistance, April s data affirmed an upward trend.
The Chicago-based firm last week released its National Hospital Flash Report Summary: May 2021, a report on hospital performance across the country. It reviewed April s financial data for over 900 hospitals nationwide, including margins, patient volume, revenue, expenses and other nonoperating data.
Some 60,000 people are caught in the crossfire of a bitter contract dispute between United Healthcare and the Montefiore Health System, with a negotiating impasse leaving one-time customers seeking new options to fill the void.
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The New York Academy of Medicine Welcomes Five New Trustees
Healthcare, Business & Academic Leaders Join Health Equity-Focused Nonprofit
New York, NY, May 06, 2021 (GLOBE NEWSWIRE) The New York Academy of Medicine (NYAM) has announced the appointment of five new members to its Board of Trustees. The new Trustees hold leadership roles across health systems, healthcare business and academic medicine:
Martine Ferland, President and Chief Executive Officer, Mercer
Julia Iyasere, MD, MBA, Executive Director, the Dalio Center for Health Justice, NewYork-Presbyterian
Jennifer H. Mieres, MD, FACC, MASNC, FAHA, Professor of Cardiology, Occupational Medicine, Epidemiology & Prevention and Associate Dean of Faculty Affairs, Donald and Barbara Zucker School of Medicine at Hofstra/Northwell