Patients at Templeton Imaging have reported difficulties reaching the center by phone and issues with insurance coverage following its acquisition by Adventist Health. In response, Adventist is upgrading phone systems, increasing staffing, and updating insurance contracts to improve accessibility and service efficiency.
CFOs John Beaman of Adventist Health and Robert Broermann of Sentara are exploring AI's potential amid ongoing financial challenges, including inflation and staffing costs. Both systems lack a dedicated AI budget but recognize its promise for automation, particularly in clinical note-taking and revenue cycle processes. As they adapt to post-COVID realities, they face tough decisions, such as service cuts at rural hospitals, while striving for financial stability and value-based care.
Tenet Healthcare reported a strong third quarter, with net profit rising to $472 million and revenue reaching $5.12 billion, up 1.2% year-over-year. The company continues to reshape its portfolio, selling 14 hospitals for nearly $4.8 billion, while focusing on high-acuity services and expanding its ambulatory business. Adjusted EBITDA increased 14.5% to $978 million, prompting an uplift in the 2024 financial outlook.
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