As a wave of healthcare mergers and acquisitions sweeps the country (just last week, Cleveland Clinic announced it acquired a three-hospital health system and a separate medical center in Florida), news of Summa looking for a partner didn't come as a surprise to some.
Hospital insiders say Detroit Medical Center's cardiology department is facing problems that have roots in old issues—difficult production goals for heart and vascular procedures and high profit expectations by its parent company, Tenet.
The proposed tie-up between Dallas-based Baylor Scott & White Health and Houston-based Memorial Hermann Health System poses an increasingly important antitrust question given the prevalence of cross-market hospital mergers, regulatory experts said.
Over the past 50 years, HCA Healthcare has ridden the waves of a turbulent healthcare economy and survived a massive Medicare fraud investigation. Three generations of CEOs talk about the company's secret sauce.
A combination of scale and operational savvy honed over its 50-year history has made HCA the well-oiled, well-managed corporate machine it is today.
Some participants in Medicare's newest bundled-payment program may be heading for the exit in March.
Breast cancer survivors clad in elaborate bras created by local artists were part of a recent fundraiser for Woman's Hospital in Baton Rouge, La. Proceeds went to the hospital's breast cancer outreach programs.
Dr. Michael Wagner, the former president and CEO of Tufts Medical Center, will stay at the helm of Wellforce until the board finds a replacement for Norm Deschene.
The ambulatory sector has dominated healthcare hiring so far in 2018, but hospitals managed to take the top spot in September, as many divisions within the ambulatory sector reported weak job growth.
Dignity Health rebounded in its fiscal 2018 ended June 30, including a 132% boost in net income, as it prepares to merge with Catholic Health Initiatives.
New York City's massive public health system has announced a broader strategy to secure its outpatient business and revenue in the face of ongoing financial woes.
The boards governing Indian River Medical Center, of Vero Beach, Fla., have approved a series of agreements for the county hospital to join the Cleveland Clinic health system.