Alex Kacik is the hospital operations reporter for Modern Healthcare in Chicago. Aside from hospital operations, he covers supply chain, legal and finance. Before joining Modern Healthcare in 2017, Kacik covered various business beats for seven years in the Santa Barbara, California region. He received a bachelor's degree in journalism from Cal Poly San Luis Obispo in Central California.
Steiner will replace Joel Wernick, who is retiring after 30 years as the Georgia system's top executive. Steiner currently serves as CEO of four Tenet Healthcare Corp. hospitals in Detroit.
The average unit price of drugs in shortage in 2016 increased 23.4%, according to a new report. One in four hospitals had to cut staff to mitigate budget pressures.
Even though purchased services account for approximately 20% of a hospital's total operating costs, it is often an overlooked sector.
The Philadelphia-based academic health systems have an exclusive 90-day window to determine whether the acquisition will be a good fit. They will also evaluate the sale of Temple's interest in Health Partners Plans.
Nearly three-quarters of 291 senior executives polled said they expect better business performance in 2019 than last year, fueled primarily by mergers and acquisitions.
Utah-based not-for-profit generic-drug company Civica Rx represents the frustration of the numerous hospitals that must work around persistent shortages of simple but vital drugs.
