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Struggling CHI stands to benefit from merger with Dignity

Struggling CHI stands to benefit from merger with Dignity

By Alex Kacik  |  December 07, 2017

More than a year after proposing a merger, Catholic Health Initiatives and Dignity Health have signed a definitive agreement to create the nation's largest not-for-profit hospital system in the country by operating revenue. The deal could speed up financially struggling CHI's turnaround.

Streamlining outpatient care bolsters Montefiore's income

Streamlining outpatient care bolsters Montefiore's income

By Alex Kacik  |  November 10, 2017

Montefiore Medical Center, part of Montefiore Health System, reported income from operations before investment gains of $20.5 million on revenue of nearly $3 billion through the first nine months of fiscal 2017.

Chicago's Loretto Hospital picks first African-American CEO

Chicago's Loretto Hospital picks first African-American CEO

By Kristen Schorsch  |  November 08, 2017

George Miller Jr., who formerly oversaw a large network of clinics in Texas and was on the Medicare Payment Advisory Commission under Presidents George W. Bush and Barack Obama, took over on Nov. 1.

Sanford Health acquires stake in German hospital

Sanford Health acquires stake in German hospital

By Maria Castellucci  |  November 07, 2017

Sanford Health added to its growing international portfolio by acquiring a minority stake in Isar Klinikum, a hospital based in Munich. Sanford plans to work intimately with the German hospital on stem cell therapy.

McLaren buys Indiana health plan MDwise

McLaren buys Indiana health plan MDwise

By Jay Greene  |  November 02, 2017

Grand Blanc, Mich.-based McLaren Health Care Corp., a 12-hospital not-for-profit integrated health system, has acquired MDwise, a 360,000-enrollee Medicaid health plan in Indianapolis, for an unspecified amount.

Trinity Health's operating income improves to $266 million in 2017

Trinity Health's operating income improves to $266 million in 2017

By Alex Kacik  |  October 27, 2017

Trinity Health reported operating income before special items of $266 million in 2017, up from $151 million last year, buoyed by strong acquisitions, volume growth, a better service mix, improved revenue-cycle management and population health risk-share gains, the Catholic-sponsored health system...

Trinity Health ponders acquisitions through debt offering

Trinity Health ponders acquisitions through debt offering

By Alex Kacik  |  October 25, 2017

Trinity Health is considering issuing $600 million in debt to acquire, construct, renovate or outfit new and existing facilities and snap up a "new regional health ministry," according to a regulatory filing.

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