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Presence-Ascension hospital union is complete

Presence-Ascension hospital union is complete

By Kristen Schorsch  |  March 02, 2018

Presence Health and Ascension Health's merger creates the largest hospital network in Illinois based on number of hospitals, surpassing Advocate Health Care.

Mercy Health and Bon Secours to merge

Mercy Health and Bon Secours to merge

By Alex Kacik  |  February 21, 2018

Mercy Health and Bon Secours Health System plan to merge, forming a 43-hospital organization that serves seven states with $8 billion in net operating revenue, the systems announced Wednesday.

Loyola health system CEO takes job out West

Loyola health system CEO takes job out West

By Kristen Schorsch  |  February 21, 2018

Larry Goldberg, 56, will be president of the university medical division at Banner Health, a not-for-profit based in Phoenix with 28 hospitals and other ventures in six states.

Ascension says it's nearing finish line in Presence acquisition

Ascension says it's nearing finish line in Presence acquisition

By Tara Bannow  |  February 15, 2018

Ascension and Presence Health signed a definitive agreement to bring Presence into Amita Health, a joint venture between Ascension and Adventist Midwest Health. The two systems signed a letter of intent six months ago.

Atrium Health to merge with Navicent

Atrium Health to merge with Navicent

By Alex Kacik  |  February 08, 2018

Atrium Health, previously Carolinas HealthCare System, and Navicent Health signed a letter of intent to merge, the organizations announced Thursday.

Hospital profits continued their rise in 2016

Hospital profits continued their rise in 2016

By Tara Bannow  |  January 04, 2018

The American Hospital Association's newly released 2018 report on hospital finance and utilization trends shows that collective profits among the nation's roughly 4,800 community hospitals increased to $76.1 billion in 2016, up from $73.3 billion in 2015.

Cooper backs out of Trinity hospital deal

By Tara Bannow  |  December 19, 2017

Cooper University Health Care has dropped plans to buy three Trinity Health hospitals in New Jersey, citing compliance, legal, regulatory and operational reasons. The two systems signed a letter of intent in August.

Some California hospitals seek to cut charity care by more than half

Some California hospitals seek to cut charity care by more than half

By Tara Bannow  |  December 18, 2017

A handful of California hospitals are asking the state's attorney general to let them lower their state-mandated charity care costs, after the AG's predecessor denied the requests. Now that more patients have insurance, the hospitals say the need for charity care is far lower.

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