Category: Static

Vermont health system names CFO

Randolph, Vt.-based Gifford Health Care has named Cheyenne Holland CFO.

Median health system margins steady at 2.3%, expenses rise

Average health system operating margins held steady in June while hospital margins dropped slightly, according to Strata’s Monthly Healthcare Industry Financial Benchmarks, published July 25.

4 ways systems identify CEO successors

CEO exits have declined 19.5% in the first half of 2024 compared to last year. 

Mount Sinai gets conditional approval to close Beth Israel

The New York Department of Health has given New York City-based Mount Sinai conditional approval to close Beth Israel after months of reviewing the health system’s closure plan.

AHA taps 36 leaders to tackle cost, quality challenges

The American Hospital Association has selected 36 healthcare leaders for a 12-month fellowship program aimed at addressing critical issues related to healthcare costs, quality and safety.

Essentia to appeal NLRB decision following APP unionization vote

Duluth, Minn.-based Essentia Health said it will appeal a decision by the National Labor Relations Board after a group of its East Market advanced practice providers voted to be represented by the Minnesota Nurses Association in collective bargaining.&…

Former Memorial Hermann CEO dies

Chuck Stokes, former president and CEO of Memorial Hermann Health System in Houston, died July 23, according to a LinkedIn post by the American College of Healthcare Executives.

Texas Heart Institute implants artificial heart

Houston-based Texas Heart Institute has performed a successful first-in-human implantation of the BiVACOR Total Artificial Heart.

Hospital consolidations linked to higher CEO pay: Study

CEO salaries at nonprofit systems increased significantly between 2012 and 2019, and it could be a factor in hospital consolidation, one study found.

North Korean hacker accused of hospital ransomware attacks

A man reportedly affiliated with North Korean military intelligence has been allegedly participating in a scheme to hack into U.S. healthcare systems.