The financial surplus at Henry Ford Health System, Detroit, dropped slightly in the first nine months of 2014, but the system's health plan and other miscellaneous sources of income forestalled a deeper decline.
Wright Lassiter III, 51, will become CEO of Henry Ford Health System in late 2016.
Henry Ford Health System CEO Nancy Schlichting said Monday she will retire from her role at the Detroit-based organization in December 2016, and a newly hired hospital executive from California will take the CEO spot.
Nancy Hoyt has been named board chair of Compassion & Choices, one of the nation's largest not-for-profit organizations devoted to end-of-life care options.
If academic medical centers want to stay relevant and on the cutting edge of healthcare, they will need to build partnerships inside and outside the sector, according to a new report from the Institute of Medicine.
The impact of socio-demographic factors on 30-day hospital readmissions will be the focus of a robust new National Quality Forum trial, the organization announced Wednesday. The trial will consider such factors as income, education, race and primary language.
The boards of three health systems located in Southeast Michigan have given the green light to merge, creating a $3.8 billion combined organization.
Neighborhoods around Henry Ford Hospital in Detroit are wracked by poverty, and the lack of access to pharmacies and healthy foods, as well as infrequent public transportation, make it more likely that patients who live there will be readmitted soon after they're discharged.
All not-for-profit hospitals are now required by the Patient Protection and Affordable Care Act to conduct and publish community needs assessments once every three years. Some experts say the requirement has fostered a more collaborative approach between hospitals and community stakeholders.
For the health policy team at Henry Ford Hospital, understanding the economic and demographic makeup of the local community is essential. Many of the patients who visit the 751-bed safety net hospital in Detroit come from neighborhoods that have specific challenges, which hospital officials say...
The Henry Ford Innovation Institute in Detroit is looking for 10 teams of would-be entrepreneurs interested in launching companies around the idea of wearable and sensor technologies.
Henry Ford Health System is being reviewed for a credit rating downgrade because of a drop in its financial performance and a pending merger that's heating up competition in the Detroit market.