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Not-for-Profit Hospitals

CHI hit with Moody's debt downgrade

Moody's Investors Service downgraded the debt of Catholic Health Initiatives this week to two notches above junk, following a similar downgrade earlier this month by S&P Global Ratings.

SSM names Intermountain exec Laura Kaiser as new CEO

SSM names Intermountain exec Laura Kaiser as new CEO

The SSM Health board of directors named Laura Kaiser the new president and CEO of the St. Louis-based Catholic health system. For the past five years, Kaiser has been COO of Salt Lake City-based Intermountain Healthcare.

Q&A: Dr. Richard Afable discusses healthcare competition in L.A. basin

Q&A: Dr. Richard Afable discusses healthcare competition in L.A. basin

Last July's merger of Providence Health & Services of Renton, Wash., and St. Joseph Health of Irvine, Calif., gave the combined 50-hospital system a greater presence in the highly competitive Los Angeles market. Modern Healthcare spoke with St. Joseph CEO Dr. Richard Afable about these changes.

Ascension partners with Lyft to ease patient transportation

Ascension partners with Lyft to ease patient transportation

The Catholic health system will work with Lyft to ensure that a ride is always available for patients. Ascension is the first major hospital company to engage Lyft, which is rolling out a non-emergency medical transportation business across the country.

Inova recruits managers for $100 million venture-capital program

Inova Health System will provide $100 million in venture capital over the next three to five years to support precision-medicine companies and create an incubator for startups. Veteran venture capitalists Hooks Johnston and Pete Jobse will manage the investments.

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