Eight health systems across the country have received credit downgrades in the last 30 days, according to an HFA Partners report.
Leadership & Management
The Illinois Finance Authority is considering issuing almost $800 million for healthcare organizations, according to a Bond Buyer report.
Providence Regional Medical Center in Everett, Wash., has opened its new $460 million medical tower, according to a hospital news release.
The new Elmhurst (Ill.) Memorial Hospital will officially open its doors to patients on June 25, after nearly three years of construction, according to a local Chicago Tribune news report.
Cleveland Clinic's new Twinsburg Health and Family Surgery Center is close to officially opening, with an anticipated date to open its emergency department first on July 11, according to a Twinsburg Bulletin news report.
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University of Iowa Hospitals and Clinics in Iowa City reached total revenues of $814 million for fiscal year 2011, representing a $75 million increase from last year, according to a Daily Iowan news report.
The University of Pittsburgh Medical Center has entered into a three-agreement with Guangzhou, China-based KingMed Diagnostics in which UPMC will provide second opinion pathology consultations and train KingMed pathologists, according to a Pittsburgh Post-Gazette news report.
Sacred Heart Hospital in Pensacola, Fla., has announced plans for a major expansion that will include a new five-story tower containing 112 private patient rooms, according to a hospital news release.
The new $70 million Clinical Pavilion at Thomas Memorial Hospital in South Charleston, W.V., has helped drive down adverse outcomes, such as infections and falls, while increasing patient admissions, according to a Charleston Gazette news report.
Mount Auburn Hospital in Cambridge, Mass., will be constructing a 28,000-square-foot healthcare facility in Waltham, Mass., with an anticipated opening in 2012, according to a hospital news release.