Portland, Ore.-base Legacy Health said July 11 it aims to sell “select assets” of its laboratory business, with about 700 of its employees joining Labcorp.
The six-hospital system reported a $114.8 million operating loss for 2022, and its outlook was revised to negative in April by Moody’s as persistent debt challenges remain.
The Legacy Health move followed a similar one in May when Philadelphia-based Jefferson Health said it would offload certain assets of its laboratory services to Labcorp.
Thomas Jefferson University, which includes both the 18-hospital health system and the university’s academic sector, had its outlook revised downward June 9 because of sustained operating weakness, S&P Global said.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
