Greensburg, Pa.-based Excela Health and Butler (Pa.) Health System have signed a definitive agreement to merge into a five-hospital system that is projected to generate more than $1 billion a year in revenue, triblive.com reported Nov. 21.
Category: ROOT
3 RCM companies making executive moves
Three revenue cycle management companies — including R1 RCM — have announced executive leadership changes since Nov. 8.
COVID-19 admissions to rise through early December, CDC forecasts
The CDC is projecting an increase in COVID-19 hospitalizations for the first time since July, national disease modeling shows.
Roper St. Francis set to build new $1B South Carolina hospital
Charleston, S.C.-based Roper St. Francis is set to build a new $1 billion, 27-acre hospital and office building in North Charleston.
10 providers seeking RCM talent
Here are 10 hospitals or health systems that recently posted job listings seeking revenue cycle management expertise.
Kansas health system CEO resigns
Ken Johnson has resigned as president and CEO of Hutchinson (Kan.) Regional Healthcare System, according to a Nov. 18 health system statement shared with Becker’s.
DOJ to appeal ruling that cleared UnitedHealth-Change merger
The Justice Department plans to appeal a September court ruling that cleared the path for UnitedHealth Group to move forward with its $7.8 billion acquisition of Change Healthcare, Bloomberg reported Nov. 18.
Walmart loses top health exec to JPMorgan
Walmart’s executive vice president of health and wellness is departing the retailer after about two years for a managing director role with JPMorgan’s healthcare arm, Bloomberg reported Nov. 20.
‘Robust liquidity’ helps keep expanding CaroMont rating high: Fitch
Gastonia, N.C.-based CaroMont Health had its credit rating maintained at “AA-” even as the expanding healthcare system builds new projects and experiences higher labor costs and losses on investments, Fitch Ratings said in a Nov. 18 report.
California hospital confirms IT security incident
Banning, Calif.-based San Gorgonio Memorial Hospital said a cybersecurity incident disrupted its IT operations.
