Data Points for the week of Oct. 24, 2016, covered the following topics: Faith-based hospitals, Roman Catholic hospitals and quality at Catholic hospitals.
Dr. Mike Schatzlein, senior VP of Ascension Health and ministry market executive for Ascension's Indiana and Tennessee markets, will retire after six years with the St. Louis-based system, effective Dec. 31.
The time, money and resources saved by promoting from within have encouraged some large healthcare organizations to develop competitive leadership programs. At the same time, the complexity of new reimbursement models has raised the bar for skills expected from administrative staff.
Ascension will sell hospitals in Idaho and Washington state to the for-profit hospital company created this summer through the merger of RegionalCare and Capella Healthcare.
Ascension, the national Catholic hospital giant, is launching its largest ever advertising and marketing campaign to rebrand all of its hospitals with the Ascension name. Ascension also has reorganized into two divisions.
The system's $753 million operating surplus came from $21.9 billion in revenue in its most recent fiscal year, which ended June 30, resulting in a 3.4% operating margin, according to Ascension's financial documents filed with bondholders last week. The operating margin was almost identical to what...
Ascension's operating surplus exceeded three-quarters of a billion dollars last year. The not-for-profit hospital system remains larger than almost all of its for-profit peers.
Hall, 56, has led the Lewisville, Texas-based company for four years, making it the largest operator of free-standing emergency rooms in the U.S. The company grew from 12 facilities to 97.
At least 1,000 unionized nurses, support staff and community leaders have signed a petition to address concerns that Ascension Wisconsin has plans to cut staff and services at St. Francis Hospital in Milwaukee.
The operating margin at Mercy Health, the largest health system in Ohio, fell to a slim 0.9% in the first half of this year. Higher labor expenses and the residual effects from a divested insurer hurt the not-for-profit system.
The operating margin at Mercy Health, the largest health system in Ohio, fell to a slim 0.9% in the first half of this year. Higher labor expenses and the residual effects from a divested insurer hurt the not-for-profit Mercy.
The harsh reality of modern-day America is that the less-educated, hourly workforce is falling further and further behind those still clinging to middle class status and above. This is a fairness issue that today characterizes almost every sector of the U.S. economy—including healthcare.