For the past decade, private equity firms have invested more than $1 trillion into U.S. healthcare. This meteoric rise in corporate investing in healthcare over the past 10 years may now be hitting its first real speed bump. 

The healthcare industry is facing significant supply chain challenges that are starting to disrupt essential services. Between the temporary Baxter North Cove plant closure and the East and Gulf Coast port strikes, hospitals are beginning to feel the impact, raising concerns about the availability of critical intravenous solutions and other essential medical supplies. 

Livonia, Mich.-based Trinity Health reported a $68.4 million operating income (0.3% margin) in the fiscal year ending June 30, compared to a $288 million operating loss (-1.3% margin) in the previous fiscal year, according to financial results published Oct. 4. 

Theresa Fink has been named market vice president and COO of Conemaugh Physician Group after serving in the role on an interim basis since May.

Mark Hoskinson, MD, resigned as trustee of the board that oversees Gillette, Wyo.-based Campbell County Health to focus on a clinic he owns.

Expenses were relatively flat for nonprofit hospitals in August compared to July, according to Kaufman Hall's National Hospital Flash Report.

Some physicians at Manchester (Conn.) Memorial Hospital said they are seeing payment disruptions with respect to Prospect Medical Holdings, which owns the facility, Connecticut Public Radio reported Oct. 2.

The Biden administration awarded more than $367 million in contracts to bolster the Strategic National Stockpile with personal protective equipment, specifically isolation gowns, as part of an effort to prepare for future public health emergencies. 

Burlington-based University of Vermont Medical Center, part of Burlington-based The University of Vermont Health Network, has temporarily paused construction on a $129 million outpatient surgical center.

Charlotte, N.C.-based Novant Health has completed the sale lease transaction of 20 facilities in Charlotte, Wilmington, N.C., and Winston-Salem, N.C., to Remedy Medical Properties and Kayne Anderson Real Estate. 

Four of the largest for-profit health systems in the country have entered into multiple transactions this year as part of strategic plans to strengthen their hospital portfolios, offload certain facilities or explore ways to expand their reach.

Ben Ridder has been hired as CEO of Northwest Medical Center in Tucson, Ariz., according to an Oct. 3 LinkedIn post from Northwest Healthcare.

Suman Sinha, MD, has been named chief medical officer of Christus Health Shreveport-Bossier Health System in Louisiana. 

Some hospitals and health systems are outsourcing or cutting IT jobs in a move to reduce operating costs.

One of Chicago-based CommonSpirit's top priorities for fiscal year 2025 is to change its relationship with payers, CFO Dan Morissette said on the company's Oct. 4 investor call. 

Artificial intelligence has been a buzzword in healthcare for years, but it's true impact is only beginning to be felt in day-to-day operations.

For any hospital CEO, making significant decisions is a key part of the job, and the approach taken to evaluate options and reach conclusions can offer valuable insights.

Cherie Sibley, BSN, RN, was selected as president of Lakeland Community Hospital in Haleyville, Ala.

Honolulu-based Hawaii Pacific Health's Kapi'olani Medical Center for Women and Children has reached a three-year contract agreement with nurses represented by the Hawaii Nurses Association. The nurses will return to work Oct. 6, putting an end to a lockout imposed by the medical center on Sept. 13.

Nate Blackford, president of Mosaic Medical Center-Maryville (Mo.), will step down from his role Oct. 30.