Hammond-Henry Hospital in Geneseo, Ill., has received approval from its board to begin a $21.5 million capital project that would include renovation, demolition and expansion for the hospital, according to a report in the Geneseo Republic.
Leadership & Management
Sister Marie Castagnaro, president and CEO of St. Joseph's Hospital in Elmira, N.Y., is retiring after 25 years at the hospital, according to a report by the Star Gazette.
St. David's South Austin (Texas) Hospital will begin a $72 million renovation and expansion project in April, according to a release from St. David's Healthcare.
Harold E. Varmus, MD, president and CEO of Memorial Sloan-Kettering Cancer Center, will retire after 10 years at the job, according to a release by Memorial Sloan-Kettering.
SSM DePaul Health Center in Bridgeton, Mo., has completed its first-ever capital campaign, raising $2.2 million to expand and renovate its ED, according to a report by the St. Louis Business Journal.
Advertisement
Vassar Brothers Medical Center is planning a $66 million building project that will include expansion of its ambulatory surgery department, according to a report by the Poughkeepsie Journal.
Sinai Hospital in Baltimore is breaking ground on a $29.5 million expansion of its Herman & Walter Samuelson Children's Hospital, according to the Baltimore Sun.
St. Joseph's Hospital in Elmira, N.Y., is planning a $3 million expansion and renovation plan, which includes developing several new services at the hospital, according to a report in the Star-Gazette.
Due the current economic climate, many hospitals and health systems have experienced increasing difficulty gaining access to loans or financing. Anthony Mai, senior vice president of Sun Healthcare Finance, discusses some common challenges and trends hospitals are seeing concerning loans.
Oakland, Calf.-based Kaiser Permanente reported a surge in profits for the third quarter, ending Sept. 30, for its not-for-profit health plan and hospital units; Kaiser earned $569 million in the quarter, bringing its profits for the nine months to $1.6…