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Not-for-Profit Hospitals

Spectrum, Lakeland Health complete merger

Spectrum, Lakeland Health complete merger

Grand Rapids-based Spectrum Health, one of Michigan's largest not-for-profit health systems, and Lakeland Health, a three-hospital system based in St. Joseph, signed final merger agreement documents Monday.

Ascension enters final stage of systemwide rebranding

Ascension enters final stage of systemwide rebranding

The last four markets to adopt the Ascension brand have about 100 care-delivery sites, as Baltimore's Ascension St. Agnes, Indiana's Ascension St. Vincent, Oklahoma's Ascension St. John and Ascension St. Thomas in Tennessee add Ascension to their names.

Data Points: Hospitals re-balancing investment portfolios

Data Points: Hospitals re-balancing investment portfolios

Investment returns last year were the best since 2013 for the not-for-profit healthcare organizations participating in a survey released by the Commonfund Institute. But, the report says, reallocation of assets into more fixed-income investments may slow returns in the future.

Mississippi hospitals and owner seek bankruptcy, to be sold

Mississippi hospitals and owner seek bankruptcy, to be sold

Knoxville, Tenn.-based Curae Health filed for Chapter 11 bankruptcy reorganization, citing declining revenue and higher-than-expected costs for electronic health records. It will keep operating three Mississippi hospitals until it can sell them.

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