Category: Static

CVS Health CFO to take leave of absence

Shawn Guertin, CVS Health CFO and President of Health Services, is taking a leave of absence from his role for family reasons. The company said Oct. 16 it is appointing two leaders to take on his divided role. 

Rite Aid files for bankruptcy, names new CEO

Rite Aid is filing for Chapter 11 bankruptcy protection and has a new CEO to lead it through the turnaround, the U.S. drugstore chain announced Oct. 15. 

Revenue from Optum's data arm jumps 35% after Change Healthcare purchase

Optum’s data and analytics arm has seen a 35% increase in revenue year over year following the company’s purchase of Change Healthcare for $13 billion.

13 hospitals, health systems hit with rating downgrades

Here is a summary of recent credit downgrades and outlook revisions for hospitals and health systems. The most recent ones are those reported on since the last summary Sept. 29.

Bon Secours Mercy Health cuts some IT roles

Bon Secours Mercy Health, based in Cincinnati, confirmed to Becker’s that it is laying off some positions within its information and technology team. 

Memorial Sloan Kettering's pilot blood test detects 50 types of cancer

Results from a pilot study led by New York City-based Memorial Sloan Kettering Cancer Center suggest that a single blood test may be able to detect the presence of 50 different cancer types, according to an Oct. 13 news release. 

Maui Health taps CEO from Illinois

Wailuku-based Maui Health has named Lynn Fulton its next CEO, effective Jan. 1. 

Missouri health system names CEO

Columbia, Mo.-based Boone Health has named Brady DuBois CEO, local news sites reported Oct. 13. 

New Mexico hospital names CEO as CFO steps down

Gila Regional Medical Center in Silver City, N.M., has selected a permanent CEO and named an interim CFO, Silver City Daily Press reported Oct. 12. 

How AdventHealth is 'redesigning' primary care

Altamonte Springs, Fla.-based AdventHealth has joined forces with Wellvana Health, a value-based care startup, to improve outcomes, reduce the cost of care and increase access for its primary care patients.