Consumerism is changing marketing in healthcare by putting the focus on individuals.
A $1.4 billion investment gain covered a 2017 decline in operating income largely caused by Ascension's more generous charity policies.
Gayle Trupiano will become President and CEO of Ascension Living, a division of St. Louis-based Ascension that offers long-term care for seniors at 37 facilities across 10 states and the District of Columbia.
Missing turnaround goals can pose problems for acquisition targets, and Chicago-based Presence Health is now $13 million behind where it wants to be financially.
Catholic supersystems are exploring partnerships that preserve their religious values.
Ascension can count on little regulatory resistance to its acquisition of Presence Health because it is structuring the deal like a previous joint venture in Chicago.
It's been five months since federal antitrust regulators threw cold water on the marriage of Advocate Health Care and NorthShore University HealthSystem. Will Presence Health and Ascension, respectively the largest Catholic hospital systems in Illinois and in the U.S., succumb to the same fate?
The deal would combine Presence Health, the largest Catholic health system in Illinois, with the nation's largest not-for-profit hospital company.
The partisan road to healthcare reform appears to have reached an inconclusive end, at least for now. But in its wake is an opportunity for Republicans and Democrats to come together and improve our healthcare system in a bipartisan way.
Ascension Healthcare has selected Craig Cordola to replace Jesus Garza as its senior vice president and the ministry market executive of Ascension Texas effective Sept. 1, the Catholic-sponsored organization announced Tuesday.
Tom VanOsdol was named president and CEO of Jacksonville, Fla. based-St. Vincent's HealthCare, which is part of Ascension Healthcare, the largest not-for-profit health system in the country.
Ascension has named Dr. Joseph Cacchione, a former Cleveland Clinic executive, president of its provider organization. In the newly created role, Cacchione will oversee a network of 6,500 employed providers across 16 states.