2009 was a year of hospitals trying to make sure costs and headcounts were in line with business and trying to make sure payor relationships and revenues stayed solid. 2010 is looking like a more strategic year — a time…
Strategy
Springfield, Mo.-based St. John's Health System has announced that its children's hospital will become an affiliate of St. Jude Children's Research Hospital, according to a report by the News-Leader.
The board of trustees at Transylvania Regional Hospital in Brevard, N.C., voted to explore potential partnerships for the hospital with larger health systems, according to a report in the Asheville Citizen-Times.
Harrisburg, Pa.-based PinnacleHealth and York, Pa.-based WellSpan are evaluating a strategic alignment, according to The Sentinel.
Healthcare industry veteran George Pillari, managing director for turnaround firm Alvarez & Marsal's Healthcare Industry Group in San Francisco, predicts a "crisis of volumes" ahead for hospitals.
Advertisement
In just eight years, BayCare Clinic has become an extremely profitable, high-quality, physician-owned organization serving the Green Bay, Wis., community. The chief medical officer for BayCare is Paul Summerside, MD, FAAEM, who also serves as the president of the board…