The combined entities will have $11 billion in assets. Cone insists there will be a heavy corporate presence on the combined board.
By Rose Hoban
In a surprise to many people in the Piedmont Triad, Greensboro-based Cone Health announced its intent to merge with Norfolk, VA-based Sentara Healthcare early Wednesday morning.
New Hanover Regional Medical Center will become part of Novant Health, the county board of commissioners decided this week.
By Liora Engel-Smith
The biggest county-owned hospital system in the state is about to change hands, pending review by North Carolina Attorney General Josh Stein. If approved, the sale is expected to be finalized early next year, the hospital said in the statement.
The COVID-19 pandemic has driven rapid adoption of digital health technologies, and doctors see the potential for innovations like augmented intelligence to play a bigger role in care delivery in the next five years.
But to ensure the digital health boom lasts beyond the pandemic, physicians say these technologies need to address their biggest needs around interoperability and improved workflow, according to a recent report from Deloitte.
On Oct. 1, 2020, the U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), announced $20 billion in new relief funding for health care providers experiencing financial losses and changes in operating expenses caused by the coronavirus. Providers can begin applying for funds on Monday, Oct. 5, 2020.
Funding for this phase 3 general distribution was made possible through the bipartisan CARES Act and the Paycheck Protection Program and Health Care Enhancement Act, which allocated $175 billion in relief funds to hospitals and other healthcare providers. HHS has already issued over $100 billion in relief funding to providers through prior distributions.