Category: Static

UHS net income up 69% in Q2: 5 things to know

King of Prussia, Pa.-based Universal Health Services posted a net income of $289.2 million in the second quarter of 2024, a 68.8% increase from the $171.3 million it posted in the same quarter last year, according to its July 24 earnings report. 

CHS posts $13M Q2 net loss; more hospital sales on the horizon

Franklin, Tenn.-based Community Health Systems reported an operating income of $238 million (7.6% margin) in the second quarter, down slightly from $246 million (7.9% margin) during the same period last year.

Boston Medical Center awarded for community health work

The American Hospital Association has recognized Boston Medical Center as the 2024 recipient of its Foster G. McGaw Prize for Excellence in Community Service.

Dana-Farber taps OHSU exec

Boston-based Dana-Farber Cancer Institute has named Patrick McCormick senior vice president for hospital transformation, effective Sept. 3. He is currently vice president for oncology services at OHSU Knight Cancer Institute in Portland, Ore. 

Rising stars: 42 healthcare leaders under 40 | 2024

The new wave of dynamic, driven and visionary healthcare leaders is working to make patient care more accessible, more affordable and more streamlined. These professionals, working in a variety of roles throughout the healthcare spectrum, aim to change…

All Massachusetts Steward hospitals have received some form of bids, Governor says

All of Dallas-based Steward Health Care’s Massachusetts hospitals have received some form of a bid, a spokesperson for Massachusetts Gov. Maura Healey confirmed with Becker’s.

Optum Health names chief clinical officer

Optum Health has named Lindsay Jubelt as its new chief clinical officer.

Top external risks worrying CFOs

The economy is the top external risk worrying CFOs, according to Deloitte’s “CFO Signals Survey 2Q 2024.”

Northwell Health expands into filmmaking

New Hyde Park, N.Y.-based Northwell Health is launching its own internal content studio that will partner with established and emerging filmmakers in a bid to “humanize” healthcare through filmmaking.

Optum closing clinics, laying off 500+

Optum is closing clinics in multiple states and laying off 524 employees across California.