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UAMS looks to withstand $45M deficit
May 27, 2020 4:40:57 PM
by: Definitive Healthcare
The University of Arkansas for Medical Sciences anticipates a deficit of more than $45 million for the upcoming academic year, according to a budget approved by trustees Thursday. The budget for the fiscal year beginning July 1 reflects strain across the UA system and a double whammy for the state's only academic medic...
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Luminis Health braces for $44 million loss during coronavirus pandemic
May 27, 2020 4:40:45 PM
by: Definitive Healthcare
The Capital Gazette reports Luminis Health is estimating a $13 million loss by the end of the 2020 fiscal year due to the financial impact of the COVID-19 pandemic. Luminis Health plans to implement a cost-savings plan over the next two months, including layoffs and furloughs of additional employees, halting employer c...
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Clark Regional Medical Center names Matt Smith as CEO
May 27, 2020 2:14:18 PM
by: Definitive Healthcare
Clark Regional Medical Center announced Friday that veteran administrator Matt Smith has accepted the position of chief executive officer. Smith has been serving as CEO of Bourbon Community Hospital in Paris, Ky. since 2017 and formerly held the post of chief operating officer at Clark Regional. 'Matt was the natural c...
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Outbreak of COVID-19 at Cape Memory Care in Cape Elizabeth
May 27, 2020 2:11:27 PM
by: Definitive Healthcare
According to Q96.1 News, the Maine Center for Disease Control has reported 45 residents and 12 staff members at Cape Memory Care have tested positive for the coronavirus. Maine.gov issued a press release on Friday, May 22, 2020, on the outbreak of coronavirus cases at Cape Memory stating the state CDC initiated 100 tes...
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Proffitt resigns from Acadia Hospital
May 27, 2020 2:11:14 PM
by: Definitive Healthcare
BANGOR, Maine — David Proffitt, the embattled president and CEO of The Acadia Hospital in Bangor, has resigned his position. His resignation, announced early Friday evening by Michelle Hood, president and CEO of the hospital’s corporate parent, Brewer-based Eastern Maine Healthcare Systems, is effective immediately. Pr...
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Heart attacks, heart failure, stroke: COVID-19’s dangerous cardiovascular complications
May 20, 2020 12:26:42 PM
by: Definitive Healthcare
COVID-19 can cause serious cardiovascular complications including heart failure, heart attacks and blood clots that can lead to strokes, emergency medicine doctors report in a new scientific paper. They also caution that COVID-19 treatments can interact with medicines used to manage patients’ existing cardiovascular co...
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