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IlliniCare slashing rates to Medicaid suppliers

IlliniCare slashing rates to Medicaid suppliers

By Kristen Schorsch  |  November 16, 2017

IlliniCare, a private insurer that's part of Illinois Gov. Bruce Rauner's Medicaid managed-care overhaul, is cutting reimbursement rates to medical suppliers by up to 50%.

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.

Tenet eyes Chicago exit, sells MacNeal Hospital to Loyola

Tenet eyes Chicago exit, sells MacNeal Hospital to Loyola

By Kristen Schorsch  |  October 11, 2017

Tenet has been busy shopping around its hospitals nationwide, and now it's sold MacNeal Hospital to Loyola Medicine. Dallas-based Tenet is looking to sell its other three hospitals in the area and exit the Chicago market entirely.

Why one hospital system is cutting while bulking up

Why one hospital system is cutting while bulking up

By Kristen Schorsch  |  October 09, 2017

It may seem odd that Advocate Health Care is spending big on outpatient facilities while also cutting $200 million from its $5.6 billion budget. The bet, however, is that adding cheaper-to-run outpatient sites will woo more patients. More patients equals growth.

Edward-Elmhurst Health cutting 234 jobs

By Kristen Schorsch  |  October 04, 2017

Edward-Elmhurst Health in the Chicago suburbs is cutting 234 jobs through a mix of layoffs and not filling vacant positions. The move comes less than two months after Edward-Elmhurst announced $50 million in cuts amid financial pressures.

Why for-profit hospitals in Chicago are losing

Why for-profit hospitals in Chicago are losing

By Kristen Schorsch  |  October 02, 2017

The Chicago-area hospital market is notoriously fragmented, competitive and dominated by not-for-profits. The few for-profit players there, notably national hospital chains Quorum Health and Tenet Healthcare Corp., have failed to gain share while their charitable rivals bulk up and expand.

Longtime NorthShore CEO to step down

Longtime NorthShore CEO to step down

By Kristen Schorsch  |  September 15, 2017

Mark Neaman, one of the longest-serving hospital CEOs in the Chicago area, will be succeeded by Gerald Gallagher, currently chief operating officer of the Evanston, Ill.-based, four-hospital network.

Meet UChicago Medicine: A growing medical giant rebrands

Meet UChicago Medicine: A growing medical giant rebrands

By Kristen Schorsch  |  September 14, 2017

While many large hospital systems have been busy wooing smaller suitors to join their networks, UChicago has mainly expanded its reach through less formal affiliations that give community hospitals the branding power and expertise of UChicago without having to merge.

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