Chicago-based Northwestern Medicine posted an operating income of $110.1 million in the first quarter of fiscal 2024, which ended Nov. 30, a 47% increase from the $74.7 million reported during the same period last year.
Nampa, Idaho-based Saltzer Health, a physician group that’s part of Salt Lake City-based Intermountain Health, is planning to shut down or sell by March 29 due to financial and economic challenges.
General Catalyst’s Health Assurance Transformation Corp. announced plans to acquire Akron, Ohio-based Summa Health Jan. 17 in a bid to broaden its healthcare portfolio. The transaction may improve the hospital’s financial position and debt situation.
Michael Garcia, RN, COO of Houston Methodist Hospital, was selected as the new CEO of Houston Methodist Sugar Land (Texas) Hospital, according to an email to employees from Houston Methodist President and CEO Marc Boom, MD.
HCA Florida’s North Florida Hospital in Gainesville will suspend elective surgeries for the next four days to address equipment sterilization issues, a spokesperson for HCA Florida confirmed to Becker’s.