Category: Static

The layoff runway lengthens

The layoff process used to be abrupt: a worker learns their job has been cut and they leave the same day (sometimes with a security escort). Now, some companies are alerting employees that their roles will be eliminated months in advance, The Wall Stre…

WellSpan taps hospital president

WellSpan Health has named Alyssa Moyer, MD, president of its 593-bed York (Pa.) Hospital. 

Allegheny Health Network CFO steps down

James Rohrbaugh is leaving his role as CFO of Pittsburgh-based Allegheny Health Network to “pursue other opportunities,” according to a Dec. 10 news release from the health system. 

5 health systems join digital transformation network

Five health systems are joining AVIA, a digital healthcare transformation network. Through the move, AVIA now has 55 healthcare organizations in its network.

Memorial Sloan Kettering gets largest gift ever

New York City-based Memorial Sloan Kettering Cancer Center received a $400 million donation from Citadel CEO Kenneth Griffin and David Geffen, an entrepreneur and record executive. 

Lehigh Valley Health Network opens medical office near future hospital

Allentown, Pa.-based Lehigh Valley Health Network has opened a three-story medical office near the under-construction Lehigh Valley Hospital-Macungie in Lower Macungie, Pa. 

Pennsylvania health system hit with ratings downgrade

Butler (Pa.) Health System has been downgraded from a “BBB” to a “BBB-” with a negative outlook, Fitch Ratings reported Dec.11.

UNC Health Rex president to step down for Novant role

Ernie Bovio is stepping down as president of Raleigh, N.C.-based UNC Health Rex to become president of Novant Health New Hanover Regional Medical Center and Coastal Market in the Wilmington, N.C. region.

Illinois hospital reports data breach

Morrison (Ill.) Community Hospital reported a data breach that affected 122,488 patients. 

StoneBridge Healthcare, nonprofit offer $706M for Tower Health

StoneBridge Healthcare, a hospital turnaround firm, is looking to enter a management contract with Delaware-based WoodBridge, a nonprofit organization, to acquire West Reading, Pa.-based Tower Health for $706 million, the Philadelphia Business Journal …