Eve Hutcherson on LinkedIn: Congratulations to my friends at Ardent Health Services for their… (2024)

Increasing regulation and competition, along with rising costs, have created a perfect storm for health care systems to join forces.The past couple of years saw Bellin Health of Green Bay and Gundersen Health System of La Crosse, as well as Appleton’s ThedaCare and Froedtert & the Medical College of Wisconsin health system of Milwaukee, combine their resources. Meanwhile, Aurora Health, which has clinics and hospitals throughout the region, completed a merger with Advocate Health Care before that company combined with Atrium Health.The health care industry overall is seeing more cross-market mergers. To learn why, pick up the April issue of Insight: https://loom.ly/Cjyc1aA

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Follow this story! "Post-mortems" of healthcare deals rarely get done and if they did more regularly, I'm sure these would be the findings. Ballad Health created a monopoly in their region back in 2018. They promised A LOT...It's 2024...and they haven't delivered on nearly any of it. They promised $300+ million is charitable contributions...less than half of that has been given.They promised a significant increase in quality...they failed to hit 80% of their metrics.And what's even better!?The CEOs annual compensation essentially doubled since the merger to $4.3mm/year. "Rahul Rao, a deputy director of the Bureau of Competition at the Federal Trade Commission, which consistently opposes COPAs, said removing hospital competition leads to predictable results — rising prices, decreasing quality, and monopolies that are very hard to break up."This stuff matters...follow this story!Now, would a news outlet here in West Michigan do one of these post-mortems on our local deals!? #healthcare #business #insurance #hospital #mergers #hr #benefits

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Ardent Health Partners officially files for IPOThis IPO is contingent on market conditions, and the final details, including the size and terms, are still uncertain. - https://lnkd.in/dCr6ddQc #hospitals #hospitalmanagement #healthcare

Teladoc Health CEO Jason Gorevic departs after stock falls 22% in February - MobiHealthNews Teladoc Health CEO Jason Gorevic departs after stock falls 22% in February#TeladocHealthCEO - Teladoc Health CEO Jason Gorevic steps down following a 22% stock decline in February. #ReasonsforDeparture - The departure of Jason Gorevic is attributed to the significant decrease in Teladoc's stock value in February. #InterimCEO - Teladoc appoints Chief Operating Officer Mala Murthy as interim CEO following Gorevic's departure. #StockPerformance - Teladoc's stock fell by 22% in February, leading to the departure of CEO Jason Gorevic. #FutureOutlook - Teladoc Health looks to stabilize its stock performance and regain investorai.mediformatica.com#health #teladoc #revenue #stock #teladochealth #departure #platform #earnings #telehealth #digitalhealth #healthit #healthtech #healthcaretechnology@MediFormatica (https://buff.ly/4aDldYV)

🚀📈 Did you catch the latest buzz? Ardent Health just made its IPO debut on the NYSE! Priced at $16, below estimates, signaling cautious optimism in the for-profit health sector. 🏥💸 [+ or -?]Ardent Health Partners, headquartered in Nashville, is now trading publicly, setting a crucial tone for future healthcare-related IPOs. With a starting stock price of $16, it’s an intriguing moment to gauge investor confidence in this industry. Despite the lower-than-expected pricing, the move indicates a strategic approach to attract investment amidst volatile market conditions.For business insiders considering similar ventures, Ardent's IPO offers a case study on market timing and pricing strategies. 📊👀 Keep an eye on how Ardent’s market debut could influence forthcoming IPOs in the healthcare sector.What are your thoughts on investing in healthcare IPOs right now? Will Ardent’s conservative pricing strategy pay off in the long term? Share your insights below or tag someone who’d find this interesting! 🗨️🔄#ArdentHealth #IPO #NYSE #HealthcareInvestment #StockMarket #FinanceProfessionals #BusinessStrategy #MarketTrends

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Agree. I really had no interest in management or even leadership but there was an increasing mismatch between posters on the wall and reality and I mistakenly thought if I went up one more level of the food chain, I could do a better job at explaining to middle managers where they were being short-sighted. Only then I came to realize the middle managers were acting exactly as incentivized per an extractive system where care is a buzzword and margins or profit matter most. Physicians need to return to private practice and we need physician-led and clinician-led innovation and more physician leadership.

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PitchBook's Q1 2024 Healthcare Services Public Comp Sheet and Valuation Guide tracks financials for publicly traded payer, provider and VBC organizations. This quarter we're highlighting: - UnitedHealth's antitrust and Change Healthcare woes - BrightSpring's disappointing IPO and the prospects for SNF operator PACS Group's upcoming listing- A value-based care bloodbath, including Cano's bankruptcy, Neuehealth's pivot and Walgreens' VillageMD writedownDownload the PDF here: https://lnkd.in/gAkMTarM. Clients can access a plugin-enabled XLS with additional views and forward projections via the platform.

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The #consolidation continues. To be fair, this is the natural answer to the 4 mergers alone in the Michigan market the last 18 months so this is certainly expected. We’ve seen system to system mergers accelerate the last 5 years, and it will continue perhaps with just a bit of #decline this next year, but I do predict we’ll see more of these “in-market” consolidations as many regional systems attempt to get even more contiguous in their care strategies.

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Looking forward to meeting #industryexecutives and #investors from around the world at the #jpm2024 in San Francisco. If you're in the area, it would be great to catch up and network. #Vamstar is transforming how the #buyers and #suppliers in the healthcare market operates by focusing on its essential components: #data, #tradinginfrastructure, #technology, #people, and #processes. We're revolutionising the industry's commerce in #medicaldevices, #medicaltechnology , #biosimilars, and #pharmaceuticals by using #AI to seamlessly integrate suppliers' #commercial teams with buyers' #sourcingandprocurement teams, along with its related #processes. The #healthcare #ecosystem is in a critical condition, and we are building solutions that can improve #margins for everyone involved and reduce risks across the entire #supplychain.

I wish.I wish this meant that we were moving toward a universal health care record that could improve our care in our #healthsystem by providing a seamless tool to carry out continuous care.Is that what Epic is doing?Maybe your experience has been better than mine with EPIC which I have used at various hospital systems in a region caring for critically ill newborns for over a decade.Care Everywhere frequently does not efficiently connect different versions of the same Epic EHR and important labs, echos, images, notes are frequently lost in hyperspace when I/we are managing critically ill babies. It's better than it was in 2011, but progress has been slow.As the #EHR space becomes a monopoly, a benefit should be an EHR system that allows effective patient data connectedness to improve patient care. It should be a system that works with patients and clinicians to improve care-- in that regard there is some work to be done.#UsingWhatWeHaveBetterhttps://lnkd.in/gsR4ep3f

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