Category: Static

Trinity Health reports $431M FY operating loss

Livonia, Mich.-based Trinity Health, one of the largest nonprofit health systems in the country, posted a $431.6 million operating loss for its full fiscal year on revenue of $21.6 billion.

Presbyterian COO on how the workforce is thriving post-pandemic

Tim Johnsen, BSN, RN, brings decades of experience to his role as senior vice president and COO of Presbyterian Delivery System at Albuquerque, N.M.-based Presbyterian Healthcare Services.

Walgreens weighing former Cigna exec as CEO

Walgreens Boots Alliance is considering former Express Scripts and Cigna executive Tim Wentworth as its next CEO, Bloomberg reported Sept. 29. 

Why healthcare should ditch life span measures for this instead: Viewpoint

The next national health goal should focus on health span, not life span, Dave Chokshi, MD, a physician at Bellevue Hospital and a professor at the City University of New York, both based in New York City, wrote in an opinion piece published Sept. 28 i…

CommonSpirit names chief administrative officer

Michelle Johnson Tidjani was named senior executive vice president and chief administrative officer of Chicago-based CommonSpirit Health.

MultiCare outlook revised to negative as operating pressures continue

Tacoma, Wash.-based MultiCare’s default rating remains at “A+” but weak operating performance has seen its outlook revised to negative, Fitch said Sept. 29.

Senator probes Cleveland Clinic, Bon Secours over 340B program

Louisiana Sen. Bill Cassidy, MD, opened an investigation Sept. 28 into how Cleveland Clinic and a Bon Secours hospital is involved in the 340B drug pricing program.

Cleveland Clinic invests in $300M of bonds for expansion plans

Cleveland Clinic has invested in $300 million of new bonds that are to be used in conjunction with future expansion by the system, according to a Sept. 29 filing.

How 1 health system forms academic alliances to drive innovation

Peoria, Ill.-based OSF HealthCare partners with 5 academic institutions to accelerate its innovation efforts. 

A case to revamp the workweek

Flexibility has become a hallmark of many competitive workplaces, and the four-day workweek is gaining popularity among Americans. On a broader scale, such adjustments could impact health equity efforts — specifically by reducing stressors on working m…