Category: ROOT

6 recent CEO, CFO resignations from hospitals, health systems

Here are six hospital and health system CEO and CFO resignations, including those mutually agreed upon, that occurred or were announced since Oct. 1:

States with the most rural hospitals at immediate risk of closure

Ten states have at least seven rural hospitals that are at immediate risk of closure, according to a report from the Center for Healthcare Quality and Payment Reform.

Iowa health center replacing CEO after employee death

Ottumwa (Iowa) Regional Health Center is under interim leadership as an investigation takes place into the death of an employee, Ottumwa Radio News reported Nov. 4.  

10 providers seeking RCM talent

Here are 10 hospitals or health systems that recently posted job listings seeking revenue cycle management expertise.

Meta set to lay off ‘thousands’ this week

Facebook parent company Meta is set to lay off thousands of workers this week in what would be the first large workforce reduction in the technology company’s 18-year history, The Wall Street Journal reported Nov. 6.

Walgreens’ VillageMD completes $8.9B deal to combine with Summit Health

Primary care disruptor VillageMD, which is majority owned by Walgreens Boots Alliance, has aquired physician practice group Summit Health in a transaction worth roughly $8.9 billion. 

Crozer hospital ordered to halt inpatient, ER care

The Pennsylvania Department of Health is barring patient admissions and suspending emergency room services at Crozer Health’s Delaware County Memorial Hospital due to alleged violations of health regulations, the Philadelphia Inquirer reported Nov. 4.&…

Mississippi hospital lays off dozens of workers

Greenwood (Miss.) Leflore Hospital has laid off dozens of workers as it struggles to stay open amid financial challenges.

Kaiser Permanente reports $1.5B Q3 loss

Oakland, Calif.-based Kaiser Foundation Health Plan, Kaiser Foundation Hospitals and their subsidiaries reported a net loss of $1.5 billion for the quarter ending Sept. 30, according to a Nov. 4 financial report.

As Minnesota hospitals report losses, CCM Health remains in the black

Montevideo, Minn.-based CCM Health hospital reports it had a positive 3.5 percent operating margin in the first half of 2022, while most of the state’s hospitals have reported operating losses, the West Central Tribune reported Nov. 4.