Jack Bovender graduated from Duke University with a master's degree in hospital administration in 1969, armed with skills in finance, systems organization and strategic planning. But his mother, Eva, a nurse, reminded him that he would need more than business acumen to become an accomplished leader.
The five major for-profit hospital chains enjoyed impressive results in the last three months of 2014 as their numbers of paying patients increased in tandem with the economic recovery and the health insurance expansions under the Affordable Care Act.
Community Health Systems this week will be the third of the five publicly traded hospital chains to report its fourth-quarter and full-year 2014 earnings.
LifePoint Hospitals is the target of federal investigations, more than a dozen individual lawsuits and two class action suits alleging the performance of improper interventional heart procedures.
Hospital chain LifePoint Hospitals ended the fourth quarter with strong revenue growth from newly acquired hospitals. Expect it to stay on the acquisition trail this year.
Community Health Systems is moving forward on a deal to add its first hospital in Michigan. Community said Friday it had signed a definitive agreement to buy 208-bed Metro Health near Grand Rapids. But the deal doesn't include the Cleveland Clinic.
Wall Street analysts are once again betting on the publicly traded hospital sector—which means the buoyant run that the chains have had in the stock market could well continue this year.
The nation's largest healthcare organizations predicted a profitable 2015 at the annual J.P. Morgan Healthcare Conference in San Francisco. They forecast that the biggest cloud on the horizon—the pending U.S. Supreme Court case challenging the Obamacare premium subsidies—would pass...
The 2015 J.P. Morgan Healthcare Conference in San Francisco got off to a feverish start Monday. Here are some quick observations and news tidbits.
Duke University Health System, Raleigh, N.C., and LifePoint Hospitals, Brentwood Tenn., have entered a national quality agreement to focus on safety across LifePoint's 60 facilities.
Investor-owned hospital chains are enjoying momentum under healthcare reform that isn't sweeping along their not-for-profit counterparts. Analysts expect another strong year from the for-profit operators because they've cut costs and adopted new initiatives to bring in more patients.
Livonia, Mich.-based Trinity Health has appointed Dr. Mark Froimson chief clinical officer and Dr. Barbara Walters the system's first chief population health officer.