Morning Headlines 9/3/18
Los Angeles billionaire’s hospital system declares bankruptcy
Verity Health (CA) files for Chapter 11 in an effort to survive the health IT missteps of Patrick Soon-Shiong, MD who acquired the health system in July 2017 with promises of achieving the Triple Aim using Allscripts technology, which he seemed to favor as a company investor.
HCA Healthcare to buy North Carolina’s Mission Health for $1.5 billion
HCA Healthcare buys Mission Health for $1.5 billion and pledges to invest $25 million in an innovation fund for the North Carolina-based system.
You’ll Never Guess Which Company is Reinventing Health Benefits
Comcast invests in companies like Accolade and Grand Rounds to help keep employee deductibles surprisingly low.
Challenger exploded on lift-off when the O-rings failed. Columbia disintegrated on reentry after one of the heat shield tiles were…