The relationship between health system CEOs and CFOs can make or break an organization’s success.
Category: ROOT
Surgery Partners revenue up 11% in Q3: 6 notes
Brentwood, Tenn.-based Surgery Partners raked in $620.6 million during the third quarter, according to financial results posted Nov. 8.
‘It is no longer feasible’: Illinois hospital to close campus in December
Morris (Ill.) Hospital & Healthcare Centers is permanently closing its Yorkville campus, effective Dec. 3.
ProMedica to exit Welltower SNF joint venture
Toledo, Ohio-based ProMedica plans to transfer the real estate and management of all its skilled nursing facilities with Welltower to the real estate investment company, effective Dec. 19, 2022.
Be alert for Ebola, CDC reminds clinicians
The CDC issued an Ebola update for clinicians Nov. 7, encouraging them to remain alert amid rising cases in Uganda.
R1 RCM reports $29.5M net loss in Q3
R1 RCM saw a net loss of $29.5 million in the third quarter of 2022, down from net income of $17 million over the same period last year, according to its financial report released Nov. 8.
Jefferson Health president departing for Highmark Health
Bruce Meyer, MD, president of Jefferson Health in Philadelphia and senior executive vice president of Thomas Jefferson University, has accepted a new role with Pittsburgh-based Highmark Health overseeing payer-provider strategy.
Tech layoffs indicate worsening economic headwinds
Recent layoffs at Lyft, Intel, Twitter, and a corporate hiring freeze at Amazon indicate a worsening economic outlook for big tech, the Wall Street Journal reported Nov. 4.
Walgreens CEO calls Summit Health deal ‘transformational’: 5 key moves behind it
VillageMD, the primary care disruptor controlled by Walgreens Boots Alliance, is set to acquire physician practice group Summit Health in a $8.9 billion transaction, which in turn will give Walgreens one of the biggest stakes in the combined company.&n…
Growth of cross-market hospital systems could have anticompetitive effects, study finds
Cross-market hospital systems have been on the rise, potentially decreasing competition between systems, researchers in a Nov. 7 Health Affairs study found.
