Detroit Medical Center faces a surprise quality inspection that could happen any time from state and federal regulators, according to officials from the Chicago office of the Centers for Medicare and Medicaid Services and the Michigan Department of Licensing and Regulation.
The inspection by CMS follows a Monday Crain's article raising infection control and instrument cleaning issues at the DMC.
DMC Huron Valley-Sinai Hospital in Commerce Township, Mich., has been charged with multiple unfair labor practices by the National Labor Relations Board. Nurses have been negotiating an initial union contract since mid-2016.
Three top cardiologists at Detroit Medical Center have been relieved of their administrative duties for alleged code-of-conduct violations, and a fourth cardiologist has resigned for unspecified reasons, according to an email sent by DMC executive Scott Steiner.
Tenet Healthcare CEO Ron Rittenmeyer said his hospital chain has improved the performance of its revenue cycle subsidiary, Conifer Health Solutions, enough to justify a higher price.
Tenet Healthcare saw a spike in ambulatory visits and revenue in the second quarter of 2018, but a 6.2% dip in net operating revenue across all segments.
Investors and journalists will be waiting to see if Tenet Healthcare will shed any more light on plans to sell off assets, Cardinal Health will report both its fourth-quarter and year-end results for fiscal 2018 and comments are due on proposed changes to the 2020 Census.
Dallas-based Tenet Healthcare Corp. announced plans to sell three Chicago-area hospitals to hospital operator Pipeline Health and Chicago-based healthcare investment firm TWG Partners.
Jefferies downgraded Tenet's stock from buy to hold, saying any sale of its revenue-cycle management subsidiary isn't likely to net more than $2.5 billion.
Tenet Healthcare Corp. named two new independent directors Tuesday: a retired U.S. Army general and a managing partner at a healthcare investment fund.
The Detroit Medical Center has sold its retail and outpatient pharmacies to Walgreens Co. as part of a pharmacy reorganization. The deal encompasses seven specialty pharmacy sites and one mail-order business, Crain's has learned.
Tenet Healthcare Corp.'s net income jumped in the first quarter of 2018, despite slightly lower total revenue.