Providence Health & Services

RadNet Reports First Quarter Financial Results with Record First Quarter Revenue, Adjusted EBITDA(1) and Adjusted Earnings(3) and Revises Upwards 2024 Financial Guidance Ranges

Retrieved on: 
Mercoledì, Maggio 8, 2024

Most significantly, we have increased 2024 guidance ranges for Revenue, Adjusted EBITDA(1) and Free Cash Flow(2),” added Dr. Berger.

Key Points: 
  • Most significantly, we have increased 2024 guidance ranges for Revenue, Adjusted EBITDA(1) and Free Cash Flow(2),” added Dr. Berger.
  • For the first quarter of 2024, RadNet reported Total Company Revenue of $431.7 million and Adjusted EBITDA(1) of $58.5 million.
  • For the first quarter of 2024, RadNet reported Imaging Center Revenue of $417.0 million and Adjusted EBITDA(1) of $54.9 million.
  • For the first quarter of 2024, RadNet reported Digital Health Revenue of $14.7 million and Adjusted EBITDA(1) of $3.5 million.

RadNet Announces Outpatient Radiology Partnership with Providence Health System to Include Seven Centers in Burbank, Santa Clarita and the Northern San Fernando Valley of Los Angeles

Retrieved on: 
Martedì, Aprile 2, 2024

The new joint venture, Tri Valley Imaging Group, was established in conjunction with RadNet contributing four California imaging centers – two centers in Burbank and one each in Panorama City and Santa Clarita.

Key Points: 
  • The new joint venture, Tri Valley Imaging Group, was established in conjunction with RadNet contributing four California imaging centers – two centers in Burbank and one each in Panorama City and Santa Clarita.
  • Providence contributed three imaging centers to the joint venture located in Santa Clarita, Mission Hills and Porter Ranch.
  • “We are excited to expand our partnership with RadNet and leverage its expertise in imaging diagnostics,” said Karl Keeler, chief executive, Providence LA-San Fernando Valley Service Area.
  • “Through this new joint venture, we are furthering our shared vision of improving patient access to high quality imaging services across the San Fernando and Santa Clarita valleys.”

GHX Celebrates 2023 Millennium Club Honorees for Supply Chain Automation

Retrieved on: 
Martedì, Aprile 9, 2024

LOUISVILLE, Colo., April 9, 2024 /PRNewswire/ -- Global Healthcare Exchange (GHX) today proudly named 89 leading healthcare provider and supplier organizations to the 2023 Millennium Club. The Millennium Club honors healthcare organizations that demonstrate their commitment to a digital-first supply chain by automating more than one million transactions annually through the GHX Exchange, an industry leading cloud-based supply chain network. Honorees were selected from more than 5,300 healthcare providers and suppliers in North America who embraced the strong role of digitalization in improving patient care and lowering the cost to deliver it.

Key Points: 
  • LOUISVILLE, Colo., April 9, 2024 /PRNewswire/ -- Global Healthcare Exchange (GHX) today proudly named 89 leading healthcare provider and supplier organizations to the 2023 Millennium Club .
  • The Millennium Club honors healthcare organizations that demonstrate their commitment to a digital-first supply chain by automating more than one million transactions annually through the GHX Exchange, an industry leading cloud-based supply chain network.
  • Millennium Club members will be celebrated at the 2024 GHX Summit taking place May 13-16 at the JW Marriott in Austin, Texas.
  • The 2023 GHX Millennium Club includes:
    Beth Israel Lahey Health (Cambridge, Mass.)

Anonymous Health Expands Innovative Addiction Care Services to Oregon

Retrieved on: 
Mercoledì, Febbraio 21, 2024

PORTLAND, Ore., Feb. 21, 2024 /PRNewswire/ -- Anonymous Health, a pioneer in outpatient teletherapy services, is proud to announce its statewide expansion across Oregon.

Key Points: 
  • PORTLAND, Ore., Feb. 21, 2024 /PRNewswire/ -- Anonymous Health, a pioneer in outpatient teletherapy services, is proud to announce its statewide expansion across Oregon.
  • "We are excited to help address long-standing capacity and access challenges of addiction care in Oregon, including in rural communities," said Medical Director, Dr. Palani Chidambaram.
  • "(1) Dr. Chidambaram is Board certified in Internal Medicine and Addiction Medicine, and he founded and leads the addiction medicine practice at several Providence Health System hospitals in the Portland, Oregon region.
  • Personalized Care and Advanced Technology: Anonymous Health's Approach
    Patients at Anonymous Health receive near-immediate attention from a dedicated Concierge Care Manager.

Providence Health Plan Names New Chief Medical Officer

Retrieved on: 
Martedì, Gennaio 16, 2024

PORTLAND, Ore., Jan. 16, 2024 /PRNewswire/ -- Providence Health Plan (PHP) is pleased to announce Laurel Soot, MD, FACS, has been named Chief Medical Officer (CMO). Dr. Soot has served in the interim CMO role since November 2023, demonstrating exceptional leadership that is crucial at this pivotal time for the organization. Soot assumed the role of CMO on January 14.

Key Points: 
  • PORTLAND, Ore., Jan. 16, 2024 /PRNewswire/ -- Providence Health Plan (PHP) is pleased to announce Laurel Soot, MD, FACS, has been named Chief Medical Officer (CMO).
  • Dr. Soot earned her medical degree from the University of Washington, Seattle, and completed her surgical residency at Oregon Health Sciences University in Portland.
  • She currently chairs the PHP Medical Policy Committee and is a member of the Oregon Health Leadership Council Evidence-Based Best Practice Committee.
  • "Providence Health Plan is a mission-driven organization that prioritizes individualized member care and values its employees' well-being," Dr. Soot said.

Anonymous Health Launches Innovative Addiction Care Services in Alaska

Retrieved on: 
Mercoledì, Gennaio 3, 2024

ANCHORAGE, Alaska, Jan. 3, 2024 /PRNewswire/ -- Anonymous Health, a pioneer in outpatient teletherapy services, is proud to announce its launch in Alaska.

Key Points: 
  • ANCHORAGE, Alaska, Jan. 3, 2024 /PRNewswire/ -- Anonymous Health, a pioneer in outpatient teletherapy services, is proud to announce its launch in Alaska.
  • This marks a significant step in addressing the complex challenges of addiction care across the state.
  • "We are excited to help address long-standing capacity and access challenges of addiction care in Alaska," said Medical Director, Dr. Palani Chidambaram.
  • Personalized Care and Advanced Technology: Anonymous Health's Approach
    Patients at Anonymous Health receive near-immediate attention from a dedicated Concierge Care Manager.

Digital Health Strategies Closes Series A Funding Round to Expand Its Share of Health™ Patient Loyalty Platform

Retrieved on: 
Lunedì, Dicembre 4, 2023

Digital Health Strategies, Inc. (DHS), a healthcare-exclusive, data and technology-enabled solutions company, today announced it has closed a Series A funding round to expand its Share of Health™ patient loyalty platform.

Key Points: 
  • Digital Health Strategies, Inc. (DHS), a healthcare-exclusive, data and technology-enabled solutions company, today announced it has closed a Series A funding round to expand its Share of Health™ patient loyalty platform.
  • The company’s clients include some of the largest health systems in the country including Geisinger, Hackensack Meridian Health and Providence Health.
  • With the support of the country's most respected healthcare leaders, DHS is poised to supercharge the next phase of the company’s growth.
  • “Cultivating patient loyalty is imperative as health systems have increasingly grown to own more of the continuum of care,” said Ben Texter, co-founder and co-CEO of DHS.

OpusVi Selected by the Arizona Hospital and Healthcare Association (AzHHA) to Supply Nurse Residency Platform to the Arizona Transition to Practice Program

Retrieved on: 
Martedì, Dicembre 5, 2023

OpusVi's nurse residency platform will support the Arizona Transition to Practice program which will serve 480 new graduate nurses and 375 precepting nurses across Arizona as they enter the workforce.

Key Points: 
  • OpusVi's nurse residency platform will support the Arizona Transition to Practice program which will serve 480 new graduate nurses and 375 precepting nurses across Arizona as they enter the workforce.
  • AzHHA and OpusVi are partnering to support a statewide 12-month Arizona Transition to Practice Program to support and develop new nurses, provide evidence-based professional development and address resilience and emergency preparedness.
  • OpusVi's Nurse Residency, Mentorship and Preceptor Program employs best-practice strategies and resources to successfully transition a newly-licensed registered nurse (RN) into a professional role.
  • OpusVi's Nurse Residency Program is delivered via self-directed learning modules, in-person focus groups, experiences on units throughout the healthcare system, interactive exercises and an online community platform.

Dignity Health Global Education Announces Strategic Rebrand to OpusVi

Retrieved on: 
Martedì, Novembre 14, 2023

PHOENIX, Ariz., Nov. 14, 2023 /PRNewswire/ - Dignity Health Global Education (DHGE), a leading workforce development solutions provider, backed by CommonSpirit Health, Providence Health and Premier, that exclusively enables healthcare systems and organizations to upskill and retain top talent, is announcing its strategic rebrand to OpusVi .

Key Points: 
  • PHOENIX, Ariz., Nov. 14, 2023 /PRNewswire/ - Dignity Health Global Education (DHGE), a leading workforce development solutions provider, backed by CommonSpirit Health, Providence Health and Premier, that exclusively enables healthcare systems and organizations to upskill and retain top talent, is announcing its strategic rebrand to OpusVi .
  • "OpusVi provides healthcare systems the opportunity to offer high-quality, economical continued education, collegiate-level programs and master's programs at scale to their organizations.
  • OpusVi is dedicated to working with its healthcare partners to build transformative workforce solutions by prioritizing scale, trust, impact, innovation, compassion and technology.
  • To learn more about OpusVi, visit our website OpusVi.com and to stay updated on company updates, follow us on LinkedIn .

MEDIA ALERT: Becker’s Payer Issues Presents Webinar on Leveraging AI to Improve Group Health Underwriting

Retrieved on: 
Mercoledì, Novembre 8, 2023

Sharon Howe senior director of underwriting, Providence Health Plan

Key Points: 
  • Sharon Howe senior director of underwriting, Providence Health Plan
    The webinar will be moderated by Erika Spicer Mason of Becker’s Healthcare.
  • WHY ATTEND: Attendees will have the opportunity to gain firsthand insights from industry leaders on how to leverage AI effectively to optimize group health underwriting operations.
  • This is a rare opportunity to hear firsthand accounts from industry leaders about actual implementations of AI in group health underwriting operations.
  • Tweet this: Learn firsthand insights from industry leaders on how to leverage AI effectively to optimize group health underwriting operations.