The Ohio Senate's version of the proposed state budget would repeal the state's Special Focus Facility program, which provides additional oversight for troubled nursing facilities.
CHI Memorial Receives Multiple Awards Recognizing Quality Of Care
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CHI Memorial is pleased to announce it has received multiple awards recognizing its commitment to safe and high quality patient care.
CMS star rating
CHI Memorial is the only health system in the Chattanooga region to receive a five star rating (5 out of 5 stars) from the Centers for Medicare and Medicaid Services (CMS). The most common overall hospital quality star rating is three stars. Only 13 percent of the 4,586 hospitals included in the survey received a five star rating. This is the fifth time CHI Memorial has received a rating of four stars or higher.Â
Health tech s pandemic-fueled funding bonanza
The Big Idea
DEALS APLENTY: A torrent of venture capital is rushing into digital health, the latest sign of how the pandemic is speeding widespread adoption of technology-enabled care.
Analysts at the investment firm Rock Health say some $6.7 billion flowed into startups during the first quarter of this year a new record for a sector already accustomed to making and breaking milestones. The question is whether the business fundamentals justify the spending, or whether we’re seeing the makings of a bubble.
The huge economic stimulus from the Treasury Department and Federal Reserve pushed down interest rates and meant “capital was looking for returns,” said Bob Kocher, an investor with Venrock and former Obama administration health and economic policy official. And they found one good spot to invest in health care, as Covid policies forced steep uptake of virtual care.
Achieving recognition doesn’t happen without the vision, commitment and generosity of volunteers, community organizations, and the businesses working together to strive to make our community the best.