Hospital mergers and acquisitions increased in 2023, with over a third involving financially distressed systems, says consultancy Kaufman Hall. Health systems announced transactions totalling $38.4bn, with deals driven by financial struggles due to high labour and supply costs. Despite merger guidelines being tightened by regulatory agencies, the trend is expected to continue in 2024.
T-Mobile pays $16 million fine for three years’ worth of data breaches
T-Mobile has agreed to pay a $15.75 million fine and improve its security in a settlement over a series of data breaches over three years