Month: October 2023

Healthcare professionals fleeing industry, new data show

Healthcare professionals fleeing industry, new data show

October 16, 2023

ALEX KACIK 

More than 145,000 healthcare practitioners left the industry from 2021 through 2022, threatening access and quality, according to a report published Monday.

Physicians accounted for roughly half of the healthcare workers who retired or changed professions over the two-year span, according to an analysis of all-payer claims data from Definitive Healthcare, a healthcare commercial intelligence company. More than 71,000 physicians left the workforce from 2021 to 2022.

Envision Healthcare bankruptcy restructuring approved by court

Envision Healthcare bankruptcy restructuring approved by court

October 11, 2023

CAROLINE HUDSON 

Envision Healthcare plans to emerge from Chapter 11 bankruptcy this month, the physician staffing company announced Wednesday.

The U.S. Bankruptcy Court for the Southern District of Texas approved a reorganization plan for Envision Healthcare that will eliminate 70% of its funded debt. The for-profit company expects to finalize the transaction within weeks, according to a news release.