Pittsburgh-based Highmark Health reported a net income of $389 million in the first six months of 2023, noting strong business performance among its insurance segments.
Category: Static
Pennsylvania hospital CEO outlines financial struggles
Tim Reeves, CEO of Renevo, Pa.-based Bucktail Medical Center, is sounding the alarm on the hospital’s rapidly deteriorating financial situation, The Express reported Aug. 28.
The broken cash register
I went to the hospital cafeteria yesterday to grab a quick bite to eat for the first time since I arrived eight hours ago. As I’m standing in line, I notice that the very pleasant cashier – let’s call him Joe – is nimbly navigating between three differ…
Walmart, Walgreens & CVS roll out new care options as pharmacists' scope of practice grows
New laws expanding pharmacists’ scope of practice have spurred Walmart, Walgreens and CVS to roll out patient care options that typically would be available only through a physician’s office, Bloomberg reported Aug. 28.
How much 5 systems are paying for a new hospital
Health systems in Ohio, Arizona, Kansas, South Carolina and Texas are building new hospitals that cost more than $100 million.
6 ways systems find CEO successors
CEO exits are at a 21-year high. Coupled with a substantial number of executive retirements, many hospitals and health systems are looking to select their next in line.
Rady Children's breaks ground on $1B expansion
Rady Children’s Hospital in San Diego broke ground on a seven-story, 500,000-square-foot patient care tower Aug. 29.
2 hospitals combining CFO, COO roles
Two hospitals recently combined CFO and COO roles:
Tenet hospital names chief strategy officer
Johann Ramirez was named chief strategy officer of Doctors Medical Center and Central Valley Doctors Health System in Modesto, Calif., part of Dallas-based Tenet Healthcare.
The Florida health system competing with tourism — and still winning workers
The inability to attract and retain workers is a top concern of most healthcare executives. But leadership at Hollywood, Fla.-based Memorial Healthcare System isn’t biting nails; it’s currently experiencing its lowest employee turnover rate in the last…
