Literature Review
All posts tagged with “Other News.”
Other Business Headlines of Interest, updated 5/9/24 per nasdaq.com
05/10/24 at 03:00 AMOther Business Headlines of Interest, updated 5/9/24 per nasdaq.com
Executive Personnel Changes - 5/10/24
05/10/24 at 03:00 AMExecutive Personnel Changes - 5/10/24
Chutes and Ladders
05/07/24 at 03:00 AMChutes and Ladders Fierce Healthcare; by Noah Tong; 5/3/24 Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. [Click on the title's link for this extensive list.]
Executive Personnel Changes - 5/3/24
05/03/24 at 03:00 AMExecutive Personnel Changes - 5/3/24
Other Business Headlines of Interest, updated 5/2/24 per nasdaq.com
05/03/24 at 03:00 AMOther Business Headlines of Interest, updated 5/2/24 per nasdaq.com
34 recent hospital, health system executive moves
05/02/24 at 03:00 AM34 recent hospital, health system executive moves Becker's Hospital Review; by Kelly Gooch and Alexis Kayser; updated 4/26/24 The following hospital and health system executive moves have been shared with or reported by Becker's this year: [Click on the title's link; 34 executive moves are listed for the week of April 20-26.]
Walmart Health is closing
05/02/24 at 02:00 AMWalmart Health is closingWalmart; 4/30/24Back in 2019, we launched Walmart Health centers. During our five-year journey, we made meaningful impacts with patients while continuing to learn, pivot and evolve. While our mission to help people save money and live better remains, today we are sharing the difficult decision to close Walmart Health and Walmart Health Virtual Care. Through our experience managing Walmart Health centers and Walmart Health Virtual Care, we determined there is not a sustainable business model for us to continue.
6 top execs that have recently left Optum
05/01/24 at 03:00 AM6 top execs that have recently left Optum Becker's Payer Issues; by Jakob Emerson; 4/23/24In 2024, at least six top executives previously with UnitedHealth Group's Optum have announced their departures for new positions with companies across the country. [Click on the title's link for names positions.] Optum executive departures in 2023 are here.
HCA's CEO-to-worker pay ratio over the past 5 years
04/29/24 at 03:00 AMHCA's CEO-to-worker pay ratio over the past 5 years Hospital CFO Report; by Andrew Cass; 4/22/24 Nashville, TN-based HCA Healthcare CEO Sam Hazen was paid between 254 and 556 times more than the health system's median employee since becoming the health system's chief executive in 2019, according to proxy statements filed with the Securities and Exchange Commission. ... Here is how the ceo-to-median-worker pay ratio has changed the past five years: ...
5 hospitals seeking CEOs
04/29/24 at 03:00 AM5 hospitals seeking CEOsBecker's Hospital Review; by Kelly Gooch; 4/22/24 Here are five hospitals that recently posted job listings seeking CEOs.Note: This is not an exhaustive list. Listings were compiled from job-seeker websites. Listings will be updated routinely on this page and were last updated April 22. ...
The Dos and Don’ts of enhanced service contracts
04/29/24 at 02:00 AMThe Dos and Don’ts of enhanced service contractsSpecialty Pharmacy Continuum; by Marcus A. Banks; 4/25/24 ... Any pharmacy that interacts with patients—an independent pharmacy, an ambulatory infusion clinic, a health system or specialty pharmacy—can enter an enhanced service contract with a pharmaceutical company. All services offered under these contracts should be documented, auditable and offered at fair prices. Before approaching the company about partnering, Mr. Suchanek advised understanding the distinction between basic and enhanced services. ... “Pharmacy leaders need to demonstrate that they are credible partners,” [David] Suchanek said [Executive Vice President for Biotech & Specialty Services at D2 Solutions].
Other Business Headlines of Interest, updated 4/25/24 per nasdaq.com
04/26/24 at 03:00 AMOther Business Headlines of Interest, updated 4/25/24 per nasdaq.com
Cardinal Health, OptumRx break up
04/26/24 at 03:00 AMCardinal Health, OptumRx break up Becker's Hospital Review, by Paige Twenter; 4/22/24Cardinal Health's pharmaceutical distribution contracts with OptumRx, a subsidiary of UnitedHealth Group, will not be renewed, the medical distributor said April 22. The contracts, which mainly included non-specialty bulk shipments to Optum's mail dispensing sites, will expire in late June. In 2023, sales to OptumRx generated 16% of Cardinal Health's consolidated revenue. "Total sales to OptumRx generate a meaningfully lower operating margin than the overall pharmaceutical and specialty solutions segment," Cardinal said. McKesson Corp. won the contract, according to Bloomberg, which cited Evercore ISI.
Executive Personnel Changes - 4/26/24
04/26/24 at 03:00 AMExecutive Personnel Changes - 4/26/24
Executive compensation at HCA, CHS, Tenet and UHS: 7 things to know
04/24/24 at 03:00 AMExecutive compensation at HCA, CHS, Tenet and UHS: 7 things to know Becker's Hospital Review, by Alan Condon; 4/16/24 Most of the top-earning executives, including CEOs and CFOs, at four of the largest for-profit health systems in the U.S. saw their overall compensation increase in 2023, according to proxy statements recently filed with the Securities and Exchange Commission. Seven things to know about executive compensation at HCA Healthcare (Nashville, Tenn.), Community Health Systems (Franklin, Tenn.), Tenet Healthcare (Dallas) and Universal Health Services (King of Prussia, Pa.): ... [Click on the title's article for salary figures.]
Executive Personnel Changes - 4/19/24
04/19/24 at 03:00 AMRecent Executive Changes - 4/19/24
Other Business Headlines of Interest, updated 4/18/24 per nasdaq.com
04/19/24 at 03:00 AMOther Business Headlines of Interest, updated 4/18/24 per nasdaq.com
Former nursing home CEO gets 2.5 years, must pay $11 million restitution for neglecting payroll taxes
04/15/24 at 03:00 AMFormer nursing home CEO gets 2.5 years, must pay $11 million restitution for neglecting payroll taxes McKnights Long-Term Care News, by Josh Henreckson; 4/9/24The former CEO of a healthcare administrative services company was sentenced Friday to 30 months in prison followed by two years of supervised release for failing to pay more than $10 million in payroll taxes at companies he owned. Josef Neuman had been CEO of a Lakewood, NJ, company that provided services to nursing homes and other healthcare providers, including around 20 that Neuman also co-owned.
Other Business Headlines of Interest, updated 4/11/24 per nasdaq.com
04/12/24 at 03:00 AMOther Business Headlines of Interest, updated 4/11/24 per nasdaq.com
I’m a CEO: Here’s how much I made in my first role & how that inspired me to keep going
04/12/24 at 03:00 AMI’m a CEO: Here’s how much I made in my first role & how that inspired me to keep going Nasdaq.com, by Martin Dasko; 4/10/24 If you’ve ever wondered what a CEO made in their first job, we’ve spoken with someone who shared insights into his journey from an entry-level position to being in charge of an entire business. [Lessons:]
Other Business Headlines of Interest, updated 4/4/24 per nasdaq.com
04/05/24 at 03:00 AMOther Business Headlines of Interest, updated 4/4/24 per nasdaq.com
Hospital CEO turnover up 36% in February
04/05/24 at 03:00 AMHospital CEO turnover up 36% in FebruaryBecker's Hospital Review, by Kelly Gooch; 3/29/24Hospitals reported 15 CEO changes last month, marking a 36% increase from January. Hospitals announced 26 CEO changes total in the first two months of 2024, according to a March 29 report from Challenger, Gray & Christmas, an executive coaching firm that examines CEO turnover in the U.S. ... Across the 29 industries and sectors measured by the firm, there were 248 CEO changes in February, up 28% from the 194 CEO exits recorded the month prior. Last month's total marked the highest monthly total on record, according to the firm. Challenger, Gray & Christmas began tracking CEO exits 22 years ago.
Retirement runway lengthens for some CEOs
04/02/24 at 03:00 AMRetirement runway lengthens for some CEOsBecker's Hospital Review, by Alexis Kayser; 3/28/24Amid an uptick in abrupt CEO exits, some hospital leaders are drawing out their departures. ... [A] number of CEOs giving retirement notices well in advance. The reasons might seem obvious: Sudden exits, especially from a tenured leader, can disrupt entire systems. A longer transition period gives boards time to identify the right successor and even allows for some overlap in which the outgoing and incoming CEOs can exchange ideas.
UnitedHealth Group names president
04/02/24 at 03:00 AMUnitedHealth Group names president Becker's Payer Issues, by Rylee Wilson; 3/29/24 UnitedHealth Group has named CFO John Rex as president of the company. Mr. Rex is taking over the president role from COO Dirk McMahon, who plans to retire. UnitedHealth Group has not announced a successor in the COO role.