Two industry innovators are being inducted into the Health Care Hall of Fame—Sister Mary Jean Ryan and George Caldwell. An induction ceremony will take place March 26, in conjunction with the American College of Healthcare Executive's 2018 Congress in Chicago.
The architects of major healthcare deals offer a common rationale: The combinations will lower costs and improve care. But these deals don't get to the root of healthcare's cost problems.
Health systems like Advocate Health Care and Aurora Health Care follow a regional path in their merger agreement.
Downers Grove, Ill.-based Advocate Health Care has turned its focus to Wisconsin's largest healthcare provider after walking away from its merger with NorthShore University HealthSystem.
Although Medicare accountable care organizations generated $652 million in savings last year, the CMS still took a loss on the program as most ACOs were unprepared to take on riskier contracts.
It may seem odd that Advocate Health Care is spending big on outpatient facilities while also cutting $200 million from its $5.6 billion budget. The bet, however, is that adding cheaper-to-run outpatient sites will woo more patients. More patients equals growth.
The Illinois Nurses Association, a union created by nurse practitioners, will be the first nurses' union recognized by the state's largest hospital network.
News briefs for the week of May 6.
Advocate, the largest hospital network in Illinois, plans to cut $200 million in expenses as financial pressures mount.
Searching for a doctor in Chicago may soon be as easy as searching for the best Thai food on your block. At least that's the idea at Advocate Health Care. The health system's website will now contain patient star ratings on physician profiles, along with name, specialties and information.
Even as the number of Americans without health insurance is at a record low, Chicago hospitals are wrestling with a metastasizing problem: bad debt.
Since 2012, Good Samaritan has been the only facility within Advocate Health Care's 12 acute-care hospital network with a unit dedicated solely to substance abuse detoxification.
