CEO Jeffrey Fried said the name change explains how the organization has become more than its 210-bed hospital, according to the report. Beebe has labs, rehab clinics and ambulatory surgery centers scattered throughout its county.
Last year, Beebe reached a $122.2 million settlement with victims of a former pedophile pediatrician who had admitting privileges at the hospital. Earl Bradley, MD, was convicted in August 2011 of raping or abusing 86 patients.
Moody’s Investors Service said the settlement capped Beebe’s financial risk to “manageable levels,” which led to an upgrade of its long-term credit rating.
More Articles on Hospital Name Changes:
9 Hospitals, Health Systems That Recently Changed Names, Brands
Kennewick General Hospital Changes Name to Trios Health
The Inextricable Link Between Brand and Culture in Healthcare
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.