Category: Static

CHS EBITDA dips 18.1% amid labor, payer challenges

Franklin, Tenn.-based Community Health Systems, the third-largest for-profit system, saw its EBITDA fall by 18.1 percent to $335 million in the first quarter as salaries and benefits as a share of revenue increased by 1.3 percentage points, according t…

Former Beth Israel finance leader joins Sonrava Health

Steven Collins, a former finance leader for Cambridge, Mass.-based Beth Israel Lahey Health has been named senior vice president of financial planning and analysis for Sonrava Health, a dental support organization.

MemorialCare taps ambulatory enterprise CEO

Fountain Valley, Calif.-based MemorialCare has named David Kim, MD, CEO of MemorialCare Medical Foundation — which encompasses the enterprise’s medical group, Greater Newport Physicians and more than 200 outpatient care centers — and executive vice pre…

HCA, Tenet EBITDA rises as labor costs cool

Some for-profit health systems, such as Nashville, Tenn.-based HCA Healthcare and Dallas-based Tenet Healthcare — the two largest — have seen improved EBITDA in the first quarter as salary and benefit obligations softened, according to Moody’s “Healthc…

HCA Florida hospital names CEO

Cory Mead was named CEO of HCA Florida Woodmont Hospital in Tamarac, part of Nashville, Tenn.-based HCA Healthcare. 

An absurd data gap in healthcare

There are no national estimates of physician turnover, which makes one new assessment of the rate at which physicians left their practices over a decade noteworthy. 

Children's Hospital Colorado halts transgender surgeries on young adults

Children’s Hospital Colorado in Aurora has stopped performing gender-affirming surgeries on patients over the age of 18 and removed references to such care from its website, The Denver Post reported July 18. 

UHS picks Oracle Cerner EHR for 200+ behavioral health sites

Universal Health Services is implementing Oracle Health’s electronic health record in over 200 behavioral health facilities nationwide.

Meet supply chain leaders from the nation's top hospitals

Supply chain plays a critical part in hospital operations, and the same goes for the people in charge of supply chain.

Essentia to open $900M hospital July 30

Duluth, Minn.-based Essentia Health-St. Mary’s Medical Center will move patients into its new $900 million, 18-floor medical facility July 30, the Duluth News Tribune reported July 19.