Category: Static

4 CFO exits in September

Four hospital and health system CFOs announced departures or retirements in September, according to Becker’s reports:

Ascension could face downgrade amid 'persistent' operating losses

St. Louis-based Ascension, one of the largest hospital systems in the country, had “AA+” ratings confirmed but remains in danger of being downgraded as operating losses persist, S&P Global said Oct. 4.

Joint Commission CEO, wife give $1M+ to National Academy of Medicine

A new position at the National Academy of Medicine has been endowed by Jonathan Perlin, MD, PhD, CEO of The Joint Commission, and Donna Perlin, MD, a pediatric emergency medicine specialist at The Children’s Hospital at TriStar Centennial in Nashville,…

Why nearly half of Americans avoid emergency care: New ACEP findings

A significant proportion of Americans indicate they would delay or avoid emergency care altogether due to concerns they would be held in hospital emergency departments for extended periods of time while waiting for an inpatient bed to open up, accordin…

CVS' Karen Lynch is (still) the most powerful woman in business

Karen Lynch, CEO of CVS Health, has been named Fortune’s most powerful woman in business for the third consecutive year. 

HCA Florida hospital names new CFO

Brad Lain has been named CFO of Tamarac-based HCA Florida Woodmont Hospital.

How Baptist Health is centralizing its pharmacy supply chain

Louisville, Ky.-based Baptist Health is centralizing its supply chain operations to establish a consolidated pharmacy service center, according to an Oct. 4 news release. 

Tower Health downgraded for 2nd time in weeks

West Reading, Pa.-based Tower Health had its long-term rating downgraded two notches to “CCC+” from “B” amid “significant ongoing operating losses,” S&P Global said Oct. 4.

Mercy Iowa City has hired 87 employees since bankruptcy filing

Babies continue to be delivered, surgeries continue to be performed, and there are even new jobs being filled at the bankrupt Mercy Iowa City community hospital.

9 hospital bankruptcies in 2023

Heywood Healthcare became the latest hospital to file for bankruptcy in 2023. Here is more information about that and eight other hospital bankruptcies in 2023: