Leadership & Management

Pittsburgh-based West Penn Allegheny Health System, which may be acquired by insurer Highmark under a recent proposal, saw its Standard & Poor’s credit rating move from negative to “developing” this week, according to a Pittsburgh Tribune-Review report. The proposed affiliation…

California Pacific Medical Center in San Francisco, part of Sacramento, Calif.-based Sutter Health, is offering fewer community benefits than Mayor Ed Lee requested in exchange for approval to build a new hospital, according to a Bay Citizen report.

Salinas (Calif.) Valley Memorial Healthcare System is facing allegations that it violated state law when it held closed-door meetings to discuss a consultant’s report earlier this year, according to a news report from The Californian. The National Union of Healthcare…

Taxable rates have become attractive, in part due to the low interest rate environment, but also because banks are getting more aggressive and tax-exempt debt simply isn't what it used to be.

Sentara Healthcare, based in Norfolk, Va., has posted a 50 percent increase in operating income from 2009 to 2010, according to a Virginian-Pilot news report.

Chesterfield, Mo.-based Sisters of Mercy Health Care plans to spend $236 million in capital improvements over the next eight years, according to a St. Louis Business Journal report.

Trinity Medical Center in Birmingham, Ala., will build a medical clinic in Irondale, Ala., to settle a lawsuit between the hospital and the city of Irondale, according to a Birmingham Business Journal report.

The University of Texas Southwestern Medical Center in Dallas is cutting 350 jobs, approximately 250 of which were vacancies, according to a Dallas Business Journal news report.

In the first seven months of its budget year, Westerly (R.I.) Hospital lost $5.2 million, according to a Boston Globe news report.

Hospital executives throughout the country face serious consequences if hospital internal controls over construction projects are deficient. However, widespread irregularities and deficiencies persist, exposing hospitals and their senior executives to significant risks.