Category: Static

Fitch downgrades Pennsylvania health system's rating

Meadowbrook, Pa.-based Holy Redeemer Health System had its rating downgraded to “BB-” from “BB+” by Fitch.

4 CEO retirements in 1 month

Becker’s reported on four healthcare CEOs’ retirement announcements between May 15 and June 11: 

Why culture matters to Intermountain's Lee Boyles

Lee Boyles has served as president of Intermountain Health’s Montana and Wyoming market and president of St. Vincent Regional Hospital in Billings, Mont., since March.

US health spending to top $7.7 trillion by 2032: CMS

CMS expects national health spending to reach $7.7 trillion by 2032, with 2023 expenditures projected to have hit $4.8 trillion and have grown by a rate of 7.5%. 

Labor union ordered to pay $6M+ to California HCA hospital

Service Employees International Union 121RN was ordered May 31 by a Los Angeles-based federal arbitrator to pay Riverside (Calif.) Community Hospital, part of Nashville, Tenn.-based HCA Healthcare, $6.26 million in damages for holding an “unlawful stri…

Payers' role in engaging with public health: 3 CDC director insights

Public health and the rest of the healthcare delivery system have long operated in silos in the U.S. While progress was made during the COVID-19 pandemic, CDC Director Mandy Cohen, MD, stressed that now is the time to build on that momentum and invest …

Fox Chase gets additional $10.8M for pancreatic cancer research

Fox Chase Cancer Center in Philadelphia has been given $10.8 million to further pancreatic cancer research, it announced June 12. 

These CFO tactics are 'not very sexy' but key to financial success

Though hospital operating margins seem to be recovering, first-quarter results have been a mixed bag, and 40% of hospitals are still losing money, according to Kaufman Hall. 

Cedars-Sinai names anesthesiology co-chairs

Andrew Geller, MD, and Michael Nurok, PhD, have been appointed the new Cedars-Sinai department of anesthesiology co-chairs.  

Sarasota Memorial taps finance leader from Broward Health

Sarasota (Fla.) Memorial Health Care System has named Jen Connelly-Rosati vice president of financial operations, according to a June 11 post on her LinkedIn page.