Renton, Wash.-based Providence recorded an operating loss of $644 million (-2.1% margin) in 2024, an improvement from an operating loss of $1.2 billion (-4.1% margin) in 2023, according to its March 6 financial report.
Category: Channels
The true cost of physician turnover
Office-based physicians play a critical role in the U.S. economy, contributing a combined economic output of $2.3 trillion, according to a new report from AMN Healthcare.
Only 1 in 5 physicians would recommend a medical career
A new report from Jackson Physician Search and LocumTenens.com reveals that only 21% of physicians would recommend a medical career to young people, and just 32% would choose the profession again.
ASCs' accountability advantage over 'faceless' hospitals
ASCs and hospitals both serve vital roles in the healthcare system, but their approaches to operations, accountability and patient experience often differ drastically.
ASCs aren't 'printing money' anymore — here's how investment strategies are adapting
Large healthcare groups are shifting their ASC strategy, favoring partnerships with surgery centers and physician practices over direct investments, Jeffrey Flynn, administrator and COO of New York City-based Gramercy Surgery Center and president of th…
AdventHealth hospital taps chief medical officer as CEO
David Sinclair, MD, has been appointed president and CEO of AdventHealth Daytona Beach (Fla.), effective March 10.
Georgia hospital names administrator
Casey Fleckenstein, BSN, RN, was appointed administrator for Monroe County Hospital in Forsyth, Ga., according to a statement from Kerry Trapnell, chief administrative officer of Aletheia Health Partners, management company for MCH.
4 healthcare HR trends to watch in the next 5 years
Talent and technology availabilities are two of the most significant challenges in healthcare recruitment and retention today, according to Amy Beales, chief human resources officer at Annapolis, Md.-based Luminis Health.
Colorectal cancer screening is still a 'hard sell': How 1 practice is trying to change that
Colorectal cancer claims an estimated 53,000 lives per year, despite being treatable, especially in the early stages.
Lawmakers split on Oregon private equity bill: 10 things to know
Lawmakers in Oregon are considering a bill for the second time that would impose stricter regulations on corporate ownership of physicians’ offices and medical clinics, The Oregonian/OregonLive reported March 5.
