Chicago-based CommonSpirit posted an operating income of $356 million (3.5% margin) in the quarter ended Dec. 31, a significant turnaround from the $440 million loss (-5.4% margin) reported in the same period the previous year.
Salt Lake City-based Intermountain Health has inked a roughly $75 million deal to have its name on the jerseys of two professional soccer teams, Sportico reported.
On Feb. 14, the CEO of a Pennsylvania hospital announced his resignation as the hospital works to secure a permanent license after two failed attempts and a now-resolved immediate jeopardy designation, The Philadelphia Inquirer reported.
New York City-based Mount Sinai health system has received a gift of $5 million that will be used to enhance the preservation of organs, according to a Feb. 13 news release.
Rural hospitals and health systems are continuing to face significant challenges like rising costs, low reimbursement rates and workforce challenges. In fact, a recent report found that there are about 418 rural hospitals currently at risk of closure.&…
Scott Moran, MD, CEO of Clifton T. Perkins Hospital Center, a maximum-security forensic psychiatric hospital in Jessup, Md., is on leave amid allegations he bullied and threatened staff, The Washington Post reported Feb. 15.
Cleveland Clinic has implemented the Virtual Command Center, an AI-based tool that is allowing the organization to automate and optimize critical decisions.