Danville, Pa.-based Geisinger Health System reported an $842 million loss in 2022 as its investment portfolio suffered a sharp decline in value.
Category: ROOT
Hospital healthcare is a 'team sport.' As a leader, are you on track for MVP?
Depending on who you ask, there are plenty of skills a great hospital leader needs in their toolbox to be successful. To be a leader others respect and look to in good times and bad, it helps to focus on the finish line, but also know your raison d’etr…
Inflation, access, hybrid work: 4 health leaders on tackling challenges
Identifying the obstacles to achieving healthcare system goals — including positive outcomes and patient satisfaction, sourcing and retaining quality talent, and getting payers to stay current on reimbursements — is the first step to organizations movi…
Ontrak CEO indicted for insider trading
Terren Peizer, CEO of telehealth company Ontrak, has been indicted for insider trading to avoid millions of dollars in losses, according to a March 1 Justice Department news release.
LCMC Health adds chief strategy and growth officer role
New Orleans-based LCMC Health has named Maurice “Mel” Lagarde III its first chief strategy and growth officer.
20+ US hospitals among Newsweek's top 100 global hospitals
More than 20 U.S. hospitals were among those in the top 100 of Newsweek’s 2023 list of top 250 global hospitals.
Bankrupt California clinic chain's acquisition approved
A bankruptcy court has approved DAP Health’s acquisition of Borrego Springs, Calif.-based Borrego Health.
Nebraska hospital, Health Catalyst to tackle population health using analytics
Lincoln, Neb.-based Bryan Health entered into a multiyear partnership with Health Catalyst to use its population health analytics platform to improve the hospital’s coordination, cost and quality of care.
Cleveland Clinic posts $1.2B net loss in 2022; investments hit hard while expenses climb
Cleveland Clinic posted a $1.2 billion net loss in 2022 — down from a net gain of $2.2 billion the prior year — as losses from investments ate into its bottom line, according to financial results released March 1.
5 former hospital C-suite leaders who work for One Medical
Even though it’s now owned by a Big Tech company trying to disrupt healthcare, One Medical grew to the point of being acquired by Amazon for billions of dollars under the leadership of several former hospital and health system executives.
