Remove money
article thumbnail

STAT+: Hospitals try a new pitch to investors: other ways of making money

STAT

Instead, they’re fully throwing their weight into other ways of making money — things like developing drugs or selling insurance. Morgan Healthcare Conference, it’s that they’ve all but abandoned the prospect of making significant profit on patient care.

Hospitals 303
article thumbnail

STAT+: CommonSpirit’s answer to losing money: get bigger

STAT

CommonSpirit Health keeps adding more hospitals — and billions in new debt — even as it bleeds money. Even though it has scale, the system has lost money almost every year since its inception, including $2.7 billion on operations in the past two years.

Hospitals 266
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Abortion funds run short of money as demand soars and donations fall

STAT

If the fund didn’t take a pause for a few weeks, she feared it would run out of money and have to close for good. The fund had paid out $1.5 million in 2023 to help close to 4,400 patients get abortions — up from 1,175 the year before — and the pace wasn’t sustainable.

354
354
article thumbnail

STAT+: Oncologists more likely to provide low-value care after receiving pharma money, study finds

STAT

Oncologists were more likely to provide low-value cancer care after receiving money from pharmaceutical companies, and the findings raise questions about the extent to which industry influence may have led to patient harm, according to a new study.

article thumbnail

STAT+: As biotech VCs struggle to raise money, some debate whether the worst is over

STAT

Representatives from pension funds, college endowments, family offices, and other organizations with money to invest have become bolder in their requests, according to interviews with a host of VCs.

241
241
article thumbnail

STAT+: Leading ALS advocacy group roiled by infighting over money and priorities

STAT

The money is invested in research, clinic certification, and lobbying, among other activities. Fifteen chapters claim the national office is attempting the takeover in order to grab a larger share of revenue these local offices send to association headquarters, according to a lawsuit filed in a Delaware state court.

232
232
article thumbnail

STAT+: NIH fellows, weighing a union, want a pay raise. Will that mean less money for grants?

STAT

But with a Congress that is looking on in suspicion at the NIH’s research and a debt ceiling deal that limits budget increases, where is the money going to come from? That doesn’t mean, however, that there’s always money for raises. Unlike private companies, federal agencies can’t always just give raises.

168
168