Danville, Pa.-based Geisinger Health System has approved $125.7 million in capital funding for Scranton, Pa.-based Community Medical Center as part of its affiliation agreement with the medical center, in which Geisinger promised a $160 million investment over seven years, according…
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Chicago-based Provena Health and Resurrection Health Care Corp. have spent a combined $18.4 million on their merger, which formed Presence Health, the second largest hospital network in the Chicago area, according to a Crain's Chicago Business report.
Piedmont Medical Center in Rock Hill, S.C., has named Bill Masterton as CEO, effective July 16, according to a Herald Online report.
The agreement between Hartford (Conn.) HealthCare and Norwich, Conn.-based Backus Corp., parent company of Backus Healthcare System, will give Hartford HealthCare control over Backus Healthcare hospitals, including the power to veto capital projects and hire or remove administrators, according to…
Stephen Jones has been the CEO of Clear Lake Regional Medical Center in Webster, Texas, since 2008. He is responsible for the medical center; its other Webster-based facilities, including Clear Lake Heart and Vascular Hospital, Bay Area Surgery Center, CLRMC…
North Kansas City Hospital officials do not want the hospital to be sold, according to a Kansas City Star report.
This analysis, provided by Health Market Science and Pitney Bowes Software, was based on an evaluation of 940 U.S. markets. Small markets have less than 175,000 people, medium markets have up to 1 million and large markets exceed 1 million.…
Minnesota Attorney General Lori Swanson has raised new claims in an effort to expand her January lawsuit against Chicago-based Accretive Health, according to a recently filed memorandum of law.
Knoxville, Tenn.-based Covenant Health has brought on the Crossville (Tenn.) Medical Group as an affiliate of Covenant's physician practice organization, according to a Crossville Chronicle report.
The following is reprinted with permission from HFA Partners.Moody’s Investor Service announced yesterday it downgraded the credit ratings of 15 global lenders including Bank of America, Deutsche Bank and JPMorgan Chase. Read on to find out how hospitals with swaps…