Hospital margins increased slightly in September to 5.1%, according to data from Strata.
Category: Featured
What to expect from flu season: 5 notes
The CDC expects the peak number of hospitalizations for flu, COVID-19 and RSV this winter to be similar to or lower than that of last season, though higher than this summer’s peak.
Tenet nearly doubles Q3 operating income to $1.1B — 5 things to know
Dallas-based Tenet Healthcare reported an operating income of $1.1 billion in the third quarter, nearly double the $568 million operating income reported in the third quarter of 2023, according to financial documents published Oct. 29.
2 Kindred Illinois hospitals to close
Louisville, Ky.-based Kindred Healthcare will close two of its Chicago market acute care hospitals in the spring as part of plans to consolidate its four long-term acute care facilities in the area.
Yale New Haven Health names cardiac surgery chief
Yale New Haven (Conn.) Health and the Yale School of Medicine have appointed Marc Pelletier, MD, division chief of cardiac surgery for the department of surgery and section chief of cardiac surgery at Yale New Haven Hospital as well as physician-in-chi…
Envision shakes up C-suite
Nashville, Tenn.-based Envision Healthcare’s CFO and CIO are planning to exit the company in the coming months.
6 recent private equity RCM moves
From two firms striking a deal to take R1 RCM private to Arsenal Capital Partners signing an agreement to acquire Knowtion Health, here are six private equity-related revenue cycle management company moves that Becker’s has reported since Aug. 1:
Trinity Health of New England names CFO
Hartford, Conn.-based Trinity Health of New England has named Antonio Perugino vice president and CFO, according to an Oct. 28 post on his LinkedIn page.
Cedars-Sinai creates health sciences university: 4 notes
Los Angeles-based Cedars Sinai has established a health sciences university to expand graduate education opportunities and offer pathways into allied healthcare careers.
Hackensack Meridian CFO to retire
Bob Glenning, president of the financial services division and CFO of Edison, N.J.-based Hackensack Meridian Health, has shared plans to retire after 18 years with the nonprofit health system, effective Dec. 9, according to an Oct. 28 news release.
