Toledo, Ohio-based ProMedica reported an operating loss of $44.5 million in 2023, a 91% improvement on the $470.9 million loss in 2022 with all business lines improving year over year, according to financial documents published Feb. 29.
Category: Static
Raises on pause for Baystate executives, employees
Springfield, Mass.-based Baystate Health is delaying annual pay increases typically effective in April each year for qualifying workers, citing financial challenges.
Where travel nurse pay stands
Pay for travel nurses continues to vary across roles and states.
RSV shots may be tied to neurological condition
Fall of 2023 was the first time a vaccine for respiratory syncytial virus became available for those most at risk, but now data shows the shots may have caused a few cases of Guillain-Barré syndrome, The New York Times reported March 1.
Steward leader heads to Hackensack Meridian
Hackensack Meridian Pascack Valley Medical Center in Westwood, N.J., has named Michael Bell its next CEO.
Sutter names CEO of 403-bed California hospital
Sutter Healthcare has named Tracy Roman as CEO of its Memorial Medical Center in Modesto, Calif.
Cleveland Clinic back in the black
Cleveland Clinic posted an operating income of $64.3 million in 2023 after posting a $211.3 million loss in 2022, according to its financial report released Feb. 29.
The virtual emergency department that has seen 300 patients
Manchester, N.H.-based Elliot Hospital launched a virtual emergency department program, ABC affiliate WMUR reported Feb. 29.
S&P upgrades Cooper University Health for 2nd year running
S&P Global Ratings upgraded Cooper University Health Care’s credit rating for bonds issued by Camden (N.J.) County Improvement Authority to an “A” with a positive outlook.
Penn Medicine to build $295M cancer center
Philadelphia-based Penn Medicine is planning to build a nearly $300 million cancer center at Princeton Medical Center. The effort aims to differentiate the hospital in Plainsboro, N.J., as a leader in advanced medicine amid increased competition from o…
