Irving, Texas-based Christus Health has rebranded its hospital and healthcare operations in Colombia. Christus is one of the few U.S. hospital companies with extensive operations in Latin and South America. The new name is Christus Sinergia Salud (Sinergy Health).
WellStar Health System and Sutter Health continue the parade of not-for-profits raising money in the bond markets with separate proposed offerings totaling about $1.3 billion.
Greenville (S.C.) Health System has agreed to merge with Palmetto Health to create the largest hospital system in South Carolina. The partnership would operate 13 hospitals and serve 1.2 million patients annually.
Fort Myers, Fla.-based Lee Health grew from a single, struggling downtown hospital to a dominant regional system under CEO Jim Nathan. He retired last week after nearly 35 years at the helm.
The high court has unanimously revived a 35-year-old federal practice exempting faith-based hospitals from complying with federal pension regulations.
Northwell Health joins a litany of hospital companies that are trying to stem mounting losses at health plans that they started in recent years to try to diversify into managed care and cater to the newly insured.
Struggling Community Health Systems has agreed to sell five hospitals in Pennsylvania to the not-for-profit Reading Health System.
UCHealth is building five community hospitals as part of its major expansion plan in response to rapid population growth in Colorado.
Texas Children's Hospital in Houston is the latest not-for-profit hospital system to struggle with its health plan, which posted a $28.9 million operating loss in the system's fiscal second quarter.
An affiliate of for-profit Prime Healthcare has agreed to buy 297-bed Mission Regional Medical Center to expand its reach in southern Texas. Prime owns two other community hospitals in the Rio Grande Valley, giving it a hub along Texas' border with Mexico.
SSM Health is launching a financial improvement plan and Texas Health Resources is promoting a new hospital and insurance joint venture as first-quarter operating income falls at each.
Catholic Health Initiatives has appointed Matt Grimshaw as market chief executive officer of its affiliate CHI Trinity Health System, starting July 31.