October 3, 2018

Around the nation: Memorial Sloan Kettering VP asked to turn over profits from biotech company

Daily Briefing

    Gregory Raskin, VP of Memorial Sloan Kettering, has been asked by the hospital to turn over nearly $1.4 million in profits garnered from a "windfall stake" in a biotech company, in today's bite-sized hospital and health industry news from Florida, Massachusetts, Nebraska, and New York.

    • Florida: HCA Healthcare has announced plans to merge Tampa Community Hospital and Memorial Hospital of Tampa in November. Once the merger is complete, Tampa Community would serve as a satellite branch of Memorial Hospital and focus on behavioral health care and substance misuse rehabilitation (Dawson, Tampa Bay Times, 9/26).

    • Massachusetts/Nebraska: HHS has given Nebraska Medicine and Massachusetts General Hospital each $3 million to start a pilot project for providing medical care during disasters. The project will be called the Regional Disaster Health Response System and will create a tiered disaster care system that brings together various health care institutions, such as trauma centers and emergency medical services (Rappleye, Becker's Hospital Review, 10/1).

    • New York: Gregory Raskin, VP of Memorial Sloan Kettering, has been asked by the hospital to turn over nearly $1.4 million in profits garnered from a "windfall stake" in a biotech company, Katie Thomas and Charles Ornstein report for the New York Times/ProPublica. Raskin received the stake as compensation for representing Memorial Sloan on the biotech company's board. However, the hospital has begun re-examining its corporate relationships amid news reports on the topic (Thomas/Ornstein, ProPublica/New York Times, 9/29).

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