Last month, nearly 40,000 medical students were accepted into residency programs on “Match Day.” Surrounded by family and friends, these soon-to-be-physicians opened envelopes revealing where they would begin their careers. This moment marked the culmination of a residency match process that requires medical students to make a series of choices and rankings about which medical specialty to practice and at which health system, along with the various lifestyle factors inherent in such a decision.

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Since its mainstream adoption in the 1960s, the fee-for-service (FFS) healthcare model has been the foundational framework for delivering and compensating healthcare services. Initially designed to provide comprehensive coverage for retirees, low-income families, and those with limited medical care access, it has significantly eased healthcare access for millions. However, as the healthcare landscape evolves toward […]

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Illinois hospital, OSF HealthCare enter into merger negotiations

Peoria, Ill.-based OSF HealthCare and Dixon, Ill.-based Katherine Shaw Bethea Hospital have shared plans to merge after entering into exclusive negotiations. The two parties have signed a term sheet and plan to spend the next few months finalizing agreements and securing the required regulatory approvals, according to a May 10 news release.

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CareFirst, Children’s National Hospital Develop Value-Based Care Alliance

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Provider Strategy reports on market developments and insights related to the healthcare provider workforce. Our publication is committed to improving the healthcare professional workforce, utilization of providers, and ultimately supporting thought leadership in workforce innovation.

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