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Ransomware and a ticking clock | DOJ sues UnitedHealth | Atrium partners with Ukraine | PE buys Summa for $485M

News You Need to Know Today
Ransomware and a ticking clock | DOJ sues UnitedHealth | Atrium partners with Ukraine | PE buys Summa for $485M
Wednesday, November 13, 2024
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Today's News and Trends

Ransomware group deploys ticking clock to threaten Georgia hospital

Memorial Hospital and Manor announced the data breach through Facebook on Nov. 3. The cybercrime group Embargo has taken credit for the incident, claiming to have 1.15TB of stolen information. 

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Ransomware group deploys ticking clock to threaten Georgia hospital

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Memorial Hospital and Manor announced the data breach through Facebook on Nov. 3. The cybercrime group Embargo has taken credit for the incident, claiming to have 1.15TB of stolen information. 
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DOJ sues to block UnitedHealth’s $3.3B acquisition of home health giant

The DOJ met with UnitedHealth execs in an attempt to resolve antitrust concerns out of court, but those talks stalled, a report claims. 

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DOJ sues to block UnitedHealth’s $3.3B acquisition of home health giant

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UnitedHealth Group - 2
The DOJ met with UnitedHealth execs in an attempt to resolve antitrust concerns out of court, but those talks stalled, a report claims. 
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Atrium Health to train Ukrainian clinicians at Charlotte hospital

Atrium Health Carolina Rehabilitation is partnering with Unbroken, an organization working to improve rehabilitation services in war-torn Ukraine. The series of visits to North Carolina will begin next year.

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Atrium Health to train Ukrainian clinicians at Charlotte hospital

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ukraine_child.jpg
Atrium Health Carolina Rehabilitation is partnering with Unbroken, an organization working to improve rehabilitation services in war-torn Ukraine. The series of visits to North Carolina will begin next year.
READ MORE >

Private equity firm to buy Summa Health for $485M

HATco, part of General Catalyst, is set to purchase the Ohio-based health system, which currently has roughly $850 million in debt on its balance sheet. 

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Private equity firm to buy Summa Health for $485M

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healthcare money economics dollar stethoscope acquire merger
HATco, part of General Catalyst, is set to purchase the Ohio-based health system, which currently has roughly $850 million in debt on its balance sheet. 
READ MORE >

Featured Articles

Private equity transactions in healthcare down 15% since 2023, report finds

However, an analysis from research firm PitchBook suggests a rebound could be on the horizon, as investors shift their gaze to specialty care services. 

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Growing physician shortages have spurred rising salaries as health systems and practices attempt to attract or retain staff. The survey data from over 37,000 physician shows the average physician pay in the U.S. increased 3.7% from 2023 to 2024, but is lower than the prior year. Cardiologist salary and compensation data.
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Private equity transactions in healthcare down 15% since 2023, report finds

Share on Twitter Share on Facebook Share on Linkedin
Growing physician shortages have spurred rising salaries as health systems and practices attempt to attract or retain staff. The survey data from over 37,000 physician shows the average physician pay in the U.S. increased 3.7% from 2023 to 2024, but is lower than the prior year. Cardiologist salary and compensation data.
However, an analysis from research firm PitchBook suggests a rebound could be on the horizon, as investors shift their gaze to specialty care services. 
READ MORE >

Clinical staffing once again at pre-COVID levels, survey finds

However, increases in the demand for patient care may be eating away at gains.

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Clinical staffing once again at pre-COVID levels, survey finds

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However, increases in the demand for patient care may be eating away at gains.
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FDA set to ban certain over-the-counter cold medications

Oral decongestants containing phenylephrine were found not to be effective. However, nasal sprays of the same drug are not subject to the FDA’s proposed order.

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phenylephrine FDA
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FDA set to ban certain over-the-counter cold medications

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phenylephrine FDA
Oral decongestants containing phenylephrine were found not to be effective. However, nasal sprays of the same drug are not subject to the FDA’s proposed order.
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Sesame Street marketing executive moves to St. Jude

Samantha Maltin, a former marketing executive at Sesame Workshop, will now lead branding and public outreach initiatives at St. Jude Children's Research Hospital. 

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Muppets and Sesame Street Characters
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Sesame Street marketing executive moves to St. Jude

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Muppets and Sesame Street Characters
Samantha Maltin, a former marketing executive at Sesame Workshop, will now lead branding and public outreach initiatives at St. Jude Children's Research Hospital. 
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In Case You Missed It

Surprise active shooter drill at children’s psychiatric hospital results in $13M for victims

The Michigan Department of Health and Human Services failed to notify staff and law enforcement that a simulation at the state-run facility was taking place, resulting in chaos. 

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child in shock from noise trauma
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Surprise active shooter drill at children’s psychiatric hospital results in $13M for victims

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child in shock from noise trauma
The Michigan Department of Health and Human Services failed to notify staff and law enforcement that a simulation at the state-run facility was taking place, resulting in chaos. 
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Bipartisan group of 233 House members call for Medicare reform

In a letter, the undersigned asked Congress to halt cuts to Medicare reimbursement and enact a permanent system to adjust rates to inflation. 

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Bipartisan group of 233 House members call for Medicare reform

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In a letter, the undersigned asked Congress to halt cuts to Medicare reimbursement and enact a permanent system to adjust rates to inflation. 
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In Other News

FDA clears AI software that ups cancer detection in dense breasts by 50%

Women's imaging experts believe the new upgrade could “dramatically improve breast cancer detection.” 

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Breast cancer AI ribbon pink artificial intelligence
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FDA clears AI software that ups cancer detection in dense breasts by 50%

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Breast cancer AI ribbon pink artificial intelligence
Women's imaging experts believe the new upgrade could “dramatically improve breast cancer detection.” 
READ MORE >

6 things high-achieving orgs do to wring real value from AI

What makes an organization an AI leader? Demonstrating success in one of two pursuits. 

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artificial intelligence AI value
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6 things high-achieving orgs do to wring real value from AI

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artificial intelligence AI value
What makes an organization an AI leader? Demonstrating success in one of two pursuits. 
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