HOSPITALS, CLINICS VOW TO COMBAT SYSTEMIC RACISM: Chicago’s largest hospitals and clinics officially named racism a public health crisis today. In an open letter—coincidentally shared on Juneteenth, a holiday commemorating the end of slavery in the U.S.—36 organizations committed to improving health equity across the city. READ MORE.
UIUC's AMBITIOUS TESTING PLAN: When students return to Champaign-Urbana in the fall, they'll likely be tested using a newly developed saliva test for COVID-19 developed by university researchers that skips a typical testing step in order to maximize the number of tests that can be administered each day. READ MORE.
WHY LAYOFFS BY OTHER EMPLOYEES THREATEN ABBVIE: AbbVie is bracing for revenue declines as tens of millions of Americans lose their jobs—and the health insurance that comes with them—due to the COVID-19 pandemic. READ MORE.
GOHEALTH FILES FOR IPO: The Chicago-based health insurance-exchange operator is planning an initial public offering of Class A common stock, the company said in a statement Friday. Pricing terms have yet to be determined.
The company matches customers with health plans and has enrolled millions in Medicare and individual and family plans, GoHealth said in the statement. GoHealth had the largest reported increase in revenue from 2018 to 2019 in Crain’s latest list of Chicago’s largest privately held companies. Its reported 2019 revenues were $550 million, up 120 percent from $250 million in 2018.
Former Chicago Mayor Rahm Emanuel, who joined a boutique investment-banking firm a year ago, is a director of GoHealth.
SPIKE IN HEALTH CARE FATALITIES, INJURIES AMID PANDEMIC: More than 130 of the 202 Occupational Health and Safety Administration investigations at hospitals, nursing AG亚洲国际游戏homes, doctor's offices, AG亚洲国际游戏home health agencies and rehabilitation centers in April were related to fatalities and catastrophes, up more than 4,300% from three out of 117 investigations in April 2019, a Modern Healthcare analysis of federal and state OSHA data revealed.
Four of those April investigations related to fatalities and catastrophes were in Chicago. The investigations were at Amita Saint Joseph Hospital, Kindred Hospital Chicago North, OSF Little Company of Mary Medical Center and Community First Medical Center.
While the inspection reports don't specify the cause, COVID-19 is likely the culprit, said Karen Tynan, a lawyer with the labor and employment law firm Ogletree Deakins who has been studying the data.
VULNERABLE COMMUNITIES MIGHT BE AFRAID TO GET PUBLIC AID: An Urban Institute analysis found that 1 in 3 low-income immigrant families are going without public benefits like health coverage or food stamps because they're worried it could cost them permanent residency, Modern Healthcare reports.
FRIENDS OF PRENTICE FUNDS RESEARCH: Friends of Prentice, the non-profit organization that helps fund research at Northwestern Medicine Prentice Women’s Hospital is donating $500,000 to fund six research projects, the organization said in a statement. Grants will fund research into endometriosis and the impact of COVID-19 on pregnant women, among other things.
PEOPLE ON THE MOVE:
• Leo Hoerdemann has been named Chicago Regional Manager for commercial real estate advisory firm Verity Commercial. Hoerdemann is a longtime vet of the industry and has managed construction projects in sectors including health care and technology.