WISHING MYSELF A VERY HAPPY BIRTHDAY |
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HCA HEALTHCARE REPORTS FOURTH QUARTER 2023 RESULTS AND PROVIDES 2024 GUIDANCE
Bill Rutherford to Retire and Mike Marks to Become CFO
HCA Healthcare, Inc. (NYSE: HCA) today announced financial and operating results for the fourth quarter ended December 31, 2023.
Key fourth quarter metrics (all percentage changes compare 4Q 2023 to 4Q 2022 unless otherwise noted):
-Revenues totaled $17.303 billion
-Net income attributable to HCA Healthcare, Inc. totaled $1.607 billion, or $5.93 per diluted share
-Adjusted EBITDA totaled $3.618 billion
-Cash flows from operating activities totaled $2.674 billion
-Same facility admissions increased 3.1 percent while same facility equivalent admissions increased 3.9 percent
“In the quarter, we experienced strong demand for services across our diversified portfolio of markets, facilities, and service lines. This growth coupled with improved cost trends drove solid financial performance in the fourth quarter. Once again, our people have delivered positive outcomes for our patients, the communities we serve, and our other stakeholders. I want to thank them for their hard work and everything they do for our company,” said Sam Hazen, Chief Executive Officer of HCA Healthcare.
Revenues in the fourth quarter of 2023 totaled $17.303 billion, compared to $15.497 billion in the fourth quarter of 2022. Net income attributable to HCA Healthcare, Inc. totaled $1.607 billion, or $5.93 per diluted share, compared to $2.081 billion, or $7.28 per diluted share, in the fourth quarter of 2022. .
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DELRAY MEDICAL CENTER NAMES HEATHER HAVERICAK AS ITS NEW CHIEF OPERATING OFFICER
January 29, 2024 – Heather Havericak is named to the position of Chief Operating Officer (COO) of Delray Medical Center. In this role, Havericak will manage daily operations and oversee the development and implementation of long-range plans, goals and objectives for the hospital.
“We are pleased to have Heather join our team, she brings a wealth of knowledge and experience to Delray Medical Center,” said Daniel Listi, CEO of Delray Medical Center.
Havericak comes to Delray Medical Center from Broward Health, where she served in a variety of leadership roles within the system for 17 years. She spent the last four years of her tenure as the Chief Executive Officer of the system’s flagship facility, Broward Health Medical Center, which includes the Salah Foundation Children’s Hospital. Under her leadership, the organization expanded key service lines including robotics, neurosciences, oncology, women and children’s services, and cardiology. She has also held the positions of Chief Operating Officer, Associate Vice President of Strategic and Administrative Services, Regional Director of the Hospital’s strategic service lines, and Nurse Manager of the Pediatric Oncology and Sickle Cell Transition Program and Pediatric Palliative Care.
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↓ Additional News Below ↓ |
UPCOMING NETWORKING MEETINGS AND EDUCATIONAL WEBINARS |
NEXT PRACTICE MANAGEMENT WEBINAR FEBRUARY 13, 2024 6:30PM TO 7:30PM
Presented by: South Florida Hospital news & Healthcare Report Coleman Consulting
"Pitfalls in Medical Practice Management" TUESDAY, FEBRUARY 13, 2024 6:30PM TO 7:30PM
CLICK HERE TO REGISTER |
NEXT LEGAL WEBINAR MARCH 19, 2024 LEGAL WEBINAR Presented by: South Florida Hospital News & Healthcare Report
Mirza Healthcare Law Partners, LLC Broward County Medical Association
"Legal Insights - How to start your Healthcare Practice?" TUESDAY, MARCH 19, 2024
6:30PM TO 7:30PM
CLICK HERE TO REGISTER After registering, you will receive a confirmation
email containing information about joining the meeting. |
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| 2024 Annual Chapter Meeting & Board of Directors Installation Join us as we celebrate the 2024 Board of Directors installation for ACHE of South Florida. This year's keynote speaker is Mark Kent, FACHE, CEO of Cano Health. Mark is a highly sought-after speaker and author, with his most recently titled book being “WOW MOMENTS! Turning Everyday Experiences Into Extraordinary Events” Thursday, February 15th - 5:30 pm - 9:00 pm
Signature Grand, 6900 W State Road 84, Davie FL, 33317 |
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UPDATED NEWS INFORMATION FROM THE LAST THREE DAYS IN SOUTH FLORIDA |
JANUARY 27 EVENT, MOBILE HEALTH CENTERS BRING RESOURCES AND SERVICES TO UNDERSERVED COMMUNITIES
January 22, 2024 – Memorial Healthcare System’s “One City at a Time” program will make its next stop at the Washington Park Community Center (5199 Pembroke Road). A kickoff event January 27 will introduce Hollywood residents to free, health-related resources and services available in the coming months.
The outreach, which includes bringing pediatric and adult mobile health centers to community locations, seeks to improve the health of the uninsured or underinsured, in part, by removing barriers to health and care and making it easier to connect with available resources. It’s all part of Memorial Primary Care’s commitment to proactive health that can prevent or more easily treat chronic conditions before they become a crisis for an individual and his or her family.
The introductory event (10 am – 2 pm) will feature:
medical exams and screenings
vaccinations
nutritional counseling
Medicaid eligibility and insurance enrollment information
referrals to social services and specialists
access to primary care physicians
Attendees will also receive lunch and a healthy food package (first 250 people). The kickoff also includes a job fair, raffles, games, music, and activities for kids.
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HEALTH FOUNDATION OF SOUTH FLORIDA ANNOUNCES NEW BOARD MEMBERS
January 29, 2024 – The Health Foundation of South Florida, with a legacy of serving South Florida for more than 30 years and investing over $145 million to make our region healthier for all, is proud to announce the appointment of a dynamic and diverse group of new members to its Board.
Committed to advancing health and well-being across South Florida, the new board members bring a wealth of expertise, leadership experience, and passion to guide the Foundation’s mission to improve the health of South Florida communities, with a focus on vulnerable, low-to-moderate-income populations.
“We welcome these exceptional leaders to our Board, confident that their professional expertise and unwavering commitment to the community will contribute significantly to steering and championing our mission to ensure that all South Floridians have equal opportunity for health and wellbeing,” said Loreen Chant, President and CEO of the Health Foundation of South Florida.
Meet the New Board Members
Alfred G. Battle Jr., Deputy Director for the Development Services Department in the City of Fort Lauderdale brings over ten years of experience in community redevelopment, economic development, housing and urban planning. He is a proven senior-level public service professional who has successfully led policy changes and projects benefiting underserved communities.
David J. Clark, Senior Vice President of Operations at Broward Health System, is responsible for the day-to-day delivery of safe, high-quality patient services across the hospital district. His expertise spans healthcare administration, major capital planning, growth strategy, and fiscal management. Clark is experienced in transformational leadership, cultural shifts, influencing decisions, and implementing change management.
Alexander M. Fernandez, Executive Vice President and Chief Financial Officer for VITAS Healthcare, the nation’s leading provider of end-of-life care, oversees the company’s finance, accounting, and investor relations functions. A member of Leadership Florida’s Cornerstone Class 40, Fernandez shapes the healthcare finance landscape with leadership, dedication, and a commitment to public service.
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LEADER OF SIMULATION AT THE MILLER SCHOOL OF MEDICINE ASSUMES NATIONAL ROLE
January 29, 2024 – Barry Issenberg, M.D., director of the Gordon Center for Simulation and Innovation in Medical Education at the University of Miami Miller School of Medicine, has been named the 2024-2025 president of the Society for Simulation in Healthcare. Under his leadership, the Gordon Center has become a national leader in simulation technology, providing real-world training experiences to nearly 20,000 health care professionals, students, service members emergency responders annually.
“My journey with the society has been enriching, encompassing various roles that have provided me with a comprehensive understanding of its mission,” said Dr. Issenberg, who is also professor of medicine, the Michael S. Gordon Chair of Medical Education, and senior associate dean for research in medical education. “This experience has fostered my commitment to servant leadership, ensuring a holistic view and a team-based, consensus-building approach essential for effectively serving our membership.”
The society aims to enhance patient care by leveraging simulation to boost performance and minimize errors in medicine. Established in 2004, the society encompasses a diverse global community, including physicians, nurses, allied health and paramedical personnel, researchers, educators, and developers. It actively supports the advancement and utilization of simulation-based modalities such as human patient simulators, virtual reality, standardized patients, and task trainers.
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MIAMI CANCER INSTITUTE LAUNCHES TRIAL OF AZELIRAGON WITH STEREOTACTIC RADIOSURGERY IN PATIENTS WITH BRAIN METASTASES
January 29, 2024 – Physician-researchers at Miami Cancer Institute, part of Baptist Health South Florida, recently launched a clinical trial that studies the combination of a new medication and stereotactic radiosurgery in patients with brain metastases. The therapy combines azeliragon, a blood brain barrier-permeating antagonist of the receptor for advanced glycation end products (RAGE) that is known to affect inflammation, with radiosurgery. The researchers hope the combination therapy will improve outcomes in patients with brain metastases who often have few treatment options.
“The ultimate aim of the study is to find an innovative new approach to reducing tumors, preventing brain inflammation that can follow radiation therapy, and potentially protecting neurocognitive function,” said Rupesh Kotecha, M.D., chief of radiosurgery, director of the Central Nervous System Metastasis Program at Miami Cancer Institute, and principal investigator of the trial. “This is an exciting new combinatorial regimen as it has the potential to overcome cancer’s resistance pathways and improve response rates.”
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HCA FLORIDA UNIVERSITY HOSPITAL HOSTS COOKIE DISTRIBUTION EVENT FOR SOUTH BROWARD GIRL SCOUT TROOPS
January 29, 2024 – Girl Scout troops from across South Broward County arrived at HCA Florida University Hospital on Sunday to receive their much-anticipated cases of cookies. The collaborative event between HCA Florida Healthcare, the local community, Broward County Public Schools students, including local Broward County Public Schools students aimed to organize and distribute over 185,000 packages of cookies to 50 Girl Scout Troops.
The organized system in place at the hospital, thanks to the dedicated efforts of HCA Florida Healthcare colleagues and community members, produced a smooth process for troop members to pick up their cookie orders.
Expressing gratitude for all of the support, the Product Manager for the Kowechobe Service Unity and Patient Safety Director for HCA Florida University Hospital stated, “It really helps the troops to come here to our hospital to pick up their cookies. It makes their process of delivering the pre-ordered cookies easier. Everyone is arriving with excitement because the cookie sales play a crucial role in supporting troop activities such as camping and other programming.”
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NURSE PRACTITIONER ELLEN POAGE JOINS PRECISION HEALTHCARE SPECIALISTS
January 29, 2024) – Precision Healthcare Specialists has grown its team in Southwest Florida with the addition of Ellen Poage, APRN, MPH, CLT-LANA. Poage is a nurse practitioner and lymphedema specialist with nearly 30 years of experience.
Poage, who collaborates with Dr. Lea Blackwell in Precision Healthcare Specialists’ Fort Myers office, helps improve early diagnosis and prevention of lymphedema for breast cancer patients in Southwest Florida. She also sees patients with lymphedema from other causes, including melanoma, head and neck cancer, gynecological surgeries, primary lymphedema, lipedema and venous insufficiency. Poage works with patients to reduce swelling, fibrosis and pain, as well as improve range of motion after surgery through therapeutic modalities such as manual lymph drainage, myofascial release, vibration, cupping and microcurrent point stimulation.
Prior to joining Precision Healthcare Specialists, Poage was a nurse practitioner and lymphedema therapist with Blackwell Breast Surgery. She also has experience as director of lymphedema management with Rehabilitation Associates of Naples and lymphedema massage therapist with her own practice. Poage is certified by the Lymphology Association of North America.
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WITH NEW COMMUNITY GARDEN AND FOOD PHARMACY, TAMPA GENERAL HOSPITAL AND THE CITY OF TAMPA ADVANCE HEALTH AND WELLNESS AMONG AREA RESIDENTS
TGH CEO John Couris and Tampa Mayor Jane Castor Celebrate Opening of Community Garden and Food Pharmacy as Part of TampaWell Initiative.
January 29, 2024 – Marking a significant milestone in the TampaWell initiative, Tampa General and the City of Tampa officially welcomed residents to enjoy the benefits of healthy eating with support from a brand-new community garden and food pharmacy. John Couris, president and CEO of Tampa General, and Tampa Mayor Jane Castor were joined by community leaders and area residents to cut the ribbon on the new TampaWell Community Garden and Food Pharmacy, both conveniently located at TGH Family Care Center Healthpark, which serves one of the most food insecure neighborhoods in the region.
“We’re on a mission to transform the health and wellness of our community. Healthy foods and regular physical activity play a pivotal role in both the prevention and the treatment of chronic health conditions, but not everyone has access to these essentials,” said Couris. “With this new community garden and food pharmacy, we’re working to ensure that residents of this community can benefit from nutritious foods, contributing to better health and a greater quality of life.”
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“STRONGER TOGETHER. FOR YOU.” PALM BEACH HEALTH NETWORK ANNOUNCES NEW CAMPAIGN TO UNITE HOSPITALS
January 25, 2024 – Palm Beach Health Network (PBHN), the leading healthcare provider in Palm Beach County and the third-largest employer in the region, is excited to introduce its new tagline. This transformation underscores PBHN’s unwavering commitment to delivering exceptional healthcare services to the communities it proudly serves.
PBHN’s comprehensive network encompasses six area hospitals: Palm Beach Gardens Medical Center, St. Mary’s Medical Center, Palm Beach Children’s Hospital, Good Samaritan Medical Center, Delray Medical Center, and West Boca Medical Center. In addition, the network includes free-standing emergency rooms, imaging centers, surgery centers and a dedicated team of physicians.
The essence of PBHN’s rebranding effort is captured in the powerful tagline, “Stronger Together. For You.” This phrase embodies the Network’s collective dedication to providing lifesaving care and enhancing the health and well-being of the community.
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NEW AI TECHNIQUE SIGNIFICANTLY BOOSTS MEDICARE FRAUD DETECTION
FAU Engineering Study Explores ‘Vast Sea’ of Big Medicare Data, Parts B and D
January 31, 2024 – Medicare is sporadically compromised by fraudulent insurance claims. These illicit activities often go undetected, allowing full-time criminals and unscrupulous health providers to exploit weaknesses in the system. Last year, the estimated annual fraud topped $100 billion according to the National Health Care Anti-Fraud Association, but it is likely much higher.
Traditionally, to detect Medicare fraud, a limited number of auditors, or investigators, are responsible for manually inspecting thousands of claims, but only have enough time to look for very specific patterns indicating suspicious behaviors. Moreover, there are not enough investigators to keep up with the various Medicare fraud schemes.
Utilizing big data, such as from patient records and provider payments, often is considered the best way to produce effective machine learning models to detect fraud. However, in the domain of Medicare insurance fraud detection, handling imbalanced big data and high dimensionality – data in which the number of features is staggeringly high so that calculations become extremely difficult – remains a significant challenge.
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THE 9TH ANNUAL BEHAVIORAL HEALTH CONFERENCE: THE POWER OF PREVENTION
EARLY BIRD Registration Now Open
TUESDAY, MAY 14 & WEDNESDAY, MAY 15, 2024
WHAT: United Way of Broward County’s Commission on Behavioral Health & Drug Prevention, in collaboration with the Broward Behavioral Health Coalition and Florida Department of Children and Families, presents the 9th Annual Behavioral Health Conference: The Power of Prevention on Tuesday, May 14 and Wednesday, May 15 at the Greater Fort Lauderdale Broward County Convention Center to promote community awareness and support of behavioral health and substance use prevention.
-The Annual two-day Behavioral Health Conference serves as a platform for professionals in the behavioral and mental health fields to share insights, research, and best practices in promoting mental health and well-being. The two-day event emphasizes the critical role of prevention strategies in enhancing overall behavioral health.
-The Conference will feature renowned psychologists, professors, trauma and grief specialists, leading diversity, equity, and inclusion (DEI) experts, and prevention specialists who will provide crucial continuing education.
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NCH MARCO URGENT CARE RECEIVES $4 MILLION NAMING GIFT
January 31, 2024 – NCH is thrilled to announce a $4 million donation made by Pat and Scot Kaufman for the new healthcare facility planned for Marco Island. This transformative gift marks a significant milestone in advancing community healthcare, reflecting the Kaufman’s unwavering commitment to the well-being of our community. Groundbreaking for the Pat and Scot Kaufman Healthcare Center is scheduled for late spring 2024.
Pat Kaufman has served on the Marco Urgent Care Center Board for more than 10 years. The focus of her service has consistently been on securing the best possible healthcare for the people on the island.
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LEE HEALTH’S INAUGURAL ‘CARING FOR THE CAPE’ EVENT RAISES MORE THAN $105,000
January 30, 2024 — Lee Health’s first “Caring for the Cape” event on Thursday, Jan. 25 at the Westin Cape Coral provided insight into the future of Lee Health’s planned projects in Cape Coral. Over $105,000 was raised through sponsorships, ticket sales, and live and silent auctions to help provide access to a variety of health care services for residents and visitors of Cape Coral and surrounding areas.
“We are so incredibly grateful for the support shown to the Cape community at this inaugural event to bring increased access and more healthcare services to our Cape Coral residents and visitors,” said Chief Physician and Operations Executive at Cape Coral Hospital Dr. Cherrie Morris. “The community is growing, and we are excited and privileged to serve and grow with it and share exciting plans,” added Chief Nurse and Operations Executive Dr. Candace Smith.
Attendees learned about projects underway to expand health care in the Cape, including:
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BIDEN-HARRIS ADMINISTRATION ANNOUNCES ACTION TO INCREASE ACCESS TO SICKLE CELL DISEASE TREATMENTS
January 30, 2024 – The Biden-Harris Administration announced today that sickle cell disease (SCD) will be the first focus of the Cell and Gene Therapy (CGT) Access Model, which was initially announced in February 2023. The model is designed to improve health outcomes, increase access to cell and gene therapies, and lower health care costs for some of the nation’s most vulnerable populations.
Sickle cell disease is an extremely painful condition, which disproportionately impacts Black Americans and has had limited treatment options. In the United States, more than 100,000 people live with SCD. Individuals with the disease have a shorter life expectancy, by more than 20 years, compared to someone living without SCD. Additionally, many long-term health complications from SCD — including stroke, acute chest syndrome, and chronic end-organ damage — can lead to higher rates of emergency department visits and hospitalizations. Patients with SCD experience challenges with access to quality and affordability of care. This model has the potential to help improve health outcomes for patients and families with SCD while also ensuring taxpayer dollars are being used more effectively.
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ABNORMAL PROTEINS FOUND IN THE SPINAL FLUID OF PEOPLE WITH ALS AND FRONTOTEMPORAL DEMENTIA
Proteins could serve as biomarkers that improve diagnosis and guide the development of novel therapies.
January 31, 2024 – Researchers at the National Institutes of Health detected abnormal proteins in the spinal fluid of people with amyotrophic lateral sclerosis (ALS) and frontotemporal dementia (FTD), which could help improve diagnosis of these diseases. The findings were published in Science Translational Medicine.
The proteins in question are built from “cryptic” exons—abnormal portions of RNA, the cell’s instructions for how to build proteins. Cryptic exons occur when TDP-43, a protein that regulates how RNA is processed, stops functioning normally. TDP-43 dysfunction is linked to ALS, FTD, Alzheimer’s disease, and Limbic Associated TDP-43 Encephalopathy (LATE).
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NIH STUDY SHOWS HIGHER MORTALITY RATES FOR PATIENTS ON RESPIRATORY SUPPORT IN RURAL INTERMEDIATE CARE UNITS
Findings highlight the importance of providing ICU-level care to rural patients with respiratory failure
January 31, 2024 – A new National Institutes of Health-supported study finds that patients receiving ventilator life support in the intermediate care units – a potentially less costly alternative for people not sick enough for the intensive care units (ICUs) but too ill for the general ward – of rural hospitals had significantly higher death rates than patients in the same type of unit at urban hospitals. The study also found that patients with respiratory failure in the ICUs at rural and urban hospitals fare similarly. Published in the journal Annals of the American Thoracic Society, this study highlights the need for more careful evaluations of patients with breathing problems who are assigned to intermediate care units.
“This study has important implications for rural hospitals when determining how to care for their sickest patients on mechanical ventilation, as rural hospitals tend to be smaller and less resourced,” said Gustavo Matute-Bello, M.D., deputy director for the Division of Lung Diseases at the National Heart, Lung, and Blood Institute (NHLBI), part of NIH. “It emphasizes the need to assess whether rural intermediate care units can meet the complex demands of critically ill patients, and the importance of carefully evaluating the processes designed to care for them.”
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NIH ANALYSIS REVEALS A SIGNIFICANT RISE IN USE OF COMPLEMENTARY HEALTH APPROACHES, ESPECIALLY FOR PAIN MANAGEMENT
January 31, 2024 – An analysis conducted by the National Institutes of Health’s National Center for Complementary and Integrative Health (NCCIH) reveals a substantial increase in the overall use of complementary health approaches by American adults from 2002 to 2022. The study, published in the Journal of the American Medical Association, highlights a surge in the adoption of complementary health approaches for pain management over the same period.
Researchers utilized data from the 2002, 2012, and 2022 National Health Interview Survey (NHIS) to evaluate changes in the use of seven complementary health approaches, including yoga, meditation, massage therapy, chiropractic care, acupuncture, naturopathy, and guided imagery/progressive muscle relaxation.
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OFFICIAL SPONSOR OF CEO INTERVIEWS |
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Interview with Dr. Rachel Docekal, CEO of The Hanley Foundation CLICK HERE interview with
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Interview with John D. Couris who is President and CEO of Florida Health Sciences Center and Tampa General Hospital CLICK HERE Interview with Shane Strum President/CEO of Broward Health by Charles Felix from South Florida Hospital News and Healthcare Report - February 2023
CLICK HERE Interview with
Matthew Garner CEO of Broward Health North by Charles Felix from South Florida Hospital News and Healthcare Report in February 2023. CLICK HERE See More Interviews - Click Here |
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Upcoming Healthcare
Events are Listed Below |
MARKETING AND PUBLIC RELATIONS CAMPAIGNS SHOULD BE USING THE RESOURCES OF SFHN&HR NOW ACCEPTING
ARTICLES AND ADS FOR THE MARCH 2024 will focus on the following topics: Annual Doctors Day Issue
“Annual Salute to Doctors ”*
“Real Estate- Healthcare Design, Construction, Facility Planning, Leasing vs Buying” “Large Physician Group Practice Management”
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CLICK HERE FOR PDF WITH DISCOUNTED PRICING Call me today to discuss editorial and advertising 561-368-6950 |
REAL ESTATE - CONSTRUCTION FOCUS |
2024 ANNUAL SALUTES TO YOUR HEALTHCARE PROFESSIONALS March – Salute to Doctors April – Salute to Healthcare Volunteers May – Salute to Nurses
June – Salute to Emergency Department July – Salute to Financial Directors and Managers August – Salute to Leadership September - Salute to Mental Health Therapists October – Salute to Case Management November – Salute to Hospice and Palliative Care November - Salute to IT Directors and Managers The pricing for ads in these issues are discounted by 40%. |
REGISTER TODAY SPACE IS LIMITED ANNUAL MEETING AND INSTALLATION DINNER FEBRUARY 15, 2024 SIGNATURE GRAND |
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BCMA AND NSU BOOT CAMP SATURDAY, FEBRUARY 3, 2024 |
3rd Annual Naples Cardiovascular Summit March 1-2, 2024
Arthrex Conference One
The 3rd Annual Naples Cardiovascular Summit is targeted to primary care physicians and clinicians, nurses, and first responders. Committed to providing the highest quality of cardiovascular care for nearly 25 years in Southwest Florida, the NCH Rooney Heart Institute is partnering with Allina Health Minneapolis Heart Institute for this two-day event. Focusing on cardiovascular healthcare advancements and topics, and expanding the knowledge and expertise into the prevention, diagnosis, and treatment of cardiovascular disease.
Register today: https://nchstaging.wpengine.com/nhi-cardio-summit/ |
EMERGE AMERICAS PARTNERS WITH JACKSON HEALTH SYSTEM AND UHEALTH – UNIVERSITY OF MIAMI HEALTH SYSTEM – TO DEBUT THE HEALTHTECH INNOVATION HUB
The Hub Will Connect Healthcare Providers, Healthtech Companies and Investors to Drive the Patient Experience of the Future
Miami, FL. – December 12, 2023 – eMerge Americas, the premier technology conference and expo shaping the future of tech, is thrilled to announce its partnership with Jackson Health System and UHealth – University of Miami Health System on the launch of the Healthtech Innovation Hub. The highly-anticipated Healthtech experience will make its debut at the eMerge Americas 2024 Conference and Expo, which takes place on April 18 + 19, 2024 at the Miami Beach Convention Center.
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JANUARY 24, 2024
READ THE CURRENT NEWSLETTER FROM CANNABIS NEWS FLORIDA
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