Steward, HCA, and Mayo Team Up to Bring Cheaper Generic Drugs to Patients

With the hope of driving down the cost of life-saving medicines, Dallas-based Steward Health Care helped found Civica Rx, a nonprofit drug company that focuses on generic medicines. Steward joins Mayo Clinic, HCA Healthcare and a total of 800 hospitals nationwide to form a network that will help identify quantities needed for in-demand drugs and develop medications at affordable prices. As an initial effort, Civica wants to help hospitals and healthcare systems obtain 14- generic drugs in 2019. A release says that Civica “acts in the best interest of patients who are at risk during drug shortages that are created… Full Story

Medical City Fort Worth’s Chief Nursing Officer Honored as Minority Leader

Medical City Fort Worth’s Chief Nursing Officer Damita Williams will be honored as minority leader in business by the Forth Worth Business Press. The awards honors Tarrant County’s top minority leaders in business and in the community and are based on nominations, professional achievements, community contributions, philanthropy and other criteria. Williams has served in her current role since 2017, previously working as chief nursing officer at Methodist Hospital in San Antonio, adjunct faculty for Indiana Wesleyan University’s Doctor of Education in Organizational Leadership Program, and as a clinic director with Hope International Ministries in the Dominican Republic. “I am thankful and… Full Story

Medical City Children’s Hospital Names New CEO

Jessica O’Neal will be Medical City Children’s Hospital’s new CEO starting in December. O’Neal served as Chief Operating Officer of West Florida Hospital in Pensacola, Florida since 2016. That hospital is owned by Medical City’s parent company, HCA Healthcare. While at West Florida Hospital, she helped integrate the pediatric specialty care network services and providers into West Florida Hospital’s delivery system while launching a variety of pediatric services such as orthopedics, cardiology, pulmonology, ENT, GI, urology and imaging services. O’Neal is no stranger to Dallas, as she was VP of operations and COO of Methodist Dallas Medical Center prior to her… Full Story

Tenet Tops Among For-Profit Trend Toward Higher Revenue Per Patient

With Q1 earnings time having come and gone, Modern Healthcare on Monday took a look at a trend that emerged across first-quarter reports from the largest for-profit hospital systems: They’re making more money per patient. And among them, Dallas-based Tenet Healthcare Corp. made the largest leap by that metric, growing revenue per admission by 4.1 percent during the first quarter of 2018. Tenet leadership, as MH points out, attributed that to higher acuity, particularly within its expanding sectors of cardiovascular and trauma. It says the trend is sustainable. Interestingly, the No. 2 system by growth in revenue per admission also… Full Story