Activist investors in for-profit healthcare firms want seasoned leaders—often drawn from the ranks of former leaders of not-for-profit healthcare systems—to sit on their boards and help those firms navigate today's fast-changing reimbursement environment.
David Merritt has been named executive VP of public affairs and strategic initiatives at America's Health Insurance Plans.
Corporate CEOs, attorneys, real estate moguls and other business leaders routinely serve on the boards of not-for-profit hospitals, systems and insurers. But some top executives at not-for-profit healthcare organizations also hold board seats at some of the largest publicly traded companies in the...
Henry Ford Health System in Detroit will provide registered dietitians at four Kroger Co. grocery stores in Southeast Michigan and offer healthy recipes at the other 122 stores in Michigan, the companies announced Wednesday.
After several years of continued Medicare reimbursement cuts and financial penalties under the ACA that have dampened profitability, the five systems in metro Detroit that reported 2015 financial data to Crain's Detroit Business positively rebounded by treating more patients and continuing to hold...
After nearly six months of negotiations and regulatory reviews, officials for Detroit-based Henry Ford Health System and Allegiance Health in Jackson, Mich., have finalized the merger agreement that will bring the 475-bed Jackson-based hospital into the system as Henry Ford Allegiance Health.
Fairview Health Services, a Minneapolis-based academic health system operating without a permanent CEO, has dropped out of the Minnesota Hospital Association.
Slumping stock prices and the quickening pace of change in how providers get paid are testing boards of directors at publicly traded healthcare firms in ways they haven't seen in a generation.
Margaret Dimond has been named president of Crittenton Hospital Medical Center, replacing acting president Terry Hamilton, who took over leadership of the hospital after Ascension Health Michigan completed the acquisition of the formerly independent hospital based in Rochester Hills.
Plans are moving forward for Jackson-based Allegiance Health to join Detroit-based Henry Ford Health System as part of a new affiliation agreement.
Michigan's 83 acute-care hospitals posted higher total profit margins in 2014 than in 2013, averaging 8.2%, but health plans' profits dipped slightly to 0.9%, according to the 2015 Michigan Health Market Review.
Activist shareholders of TeamHealth, stating the company has made “some missteps in critical areas including strategy and governance,” are asking for three seats on its board. The seats would go to Nancy Schlichting, a partner at hedge fund firm JANA, and a former CVS chairman.