Leadership & Management

The following report was compiled by Principle Valuation, based on hospital financial reports obtained through the Municipal Securities Rulemaking Board's Electronic Municipal Market Access (EMMA) database.

St. Alexius Medical Center, based in Bismarck, N.D., has purchased a building in Bismarck and plans to turn part of it into an ambulatory surgery center.

Cleveland Clinic Florida and OhioHealth are the two latest health systems to enter into affiliations with CVS' Minute Clinic.

The Internal Revenue Service has announced it has made Part V, Section B of Schedule H on its 2010 Form 990 optional for hospitals for to 2010 tax year.

Jefferson Memorial Hospital in Ranson, W.V., which is part of the West Virginia University Hospitals East system, has signed a letter of intent to acquire 50 acres of land that will be used for a future medical campus, according to…

Sweeping changes to Texas Medicaid have been approved by the Texas House of Representative that would allow private health companies to take over the state health program, according to a Houston Chronicle news report.

Wake Forest Baptist (N.C.) Medical Center released its plans for a $125 million comprehensive cancer center, according to a Winston-Salem Journal report.

Ottumwa (Iowa) Regional Health Center, part of Brentwood, Tenn.-based RegionalCare Hospital Partners, is laying off 43 employees — approximately 7 percent of its staff — according to a KTVO report.

Saint Agnes Medical Center in Fresno, Calif., is laying off or cutting work hours of 150 employees to combat reduced reimbursement and other financial challenges, according to a Business Journal report.

Atlanta-based Piedmont Healthcare will cut 464 positions — approximately 5 percent of its workforce — as part of a plan to save an estimated $68 million, according to an Atlanta Journal-Constitution report.