The Edgar P. Benjamin Healthcare Center in Boston has filed a notice of planned closure after nearly a century in operation, ABC affiliate WCVB reported Feb. 14.
Chicago-based CommonSpirit posted an operating income of $356 million (3.5% margin) in the quarter ended Dec. 31, a significant turnaround from the $440 million loss (-5.4% margin) reported in the same period the previous year.
Salt Lake City-based Intermountain Health has inked a roughly $75 million deal to have its name on the jerseys of two professional soccer teams, Sportico reported.
On Feb. 14, the CEO of a Pennsylvania hospital announced his resignation as the hospital works to secure a permanent license after two failed attempts and a now-resolved immediate jeopardy designation, The Philadelphia Inquirer reported.
New York City-based Mount Sinai health system has received a gift of $5 million that will be used to enhance the preservation of organs, according to a Feb. 13 news release.
Rural hospitals and health systems are continuing to face significant challenges like rising costs, low reimbursement rates and workforce challenges. In fact, a recent report found that there are about 418 rural hospitals currently at risk of closure.&…
Scott Moran, MD, CEO of Clifton T. Perkins Hospital Center, a maximum-security forensic psychiatric hospital in Jessup, Md., is on leave amid allegations he bullied and threatened staff, The Washington Post reported Feb. 15.