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Investor-Owned Hospitals

Hospital giants brace for rough Q3 earnings

Big hospital chains like HCA and Tenet expect to see a dent in their third-quarter earnings thanks to hurricanes and soft admissions. While hurricane damage may be a short-term issue, sinking admissions are here to stay industrywide.

Tenet's Fetter set for $22.9 million severance package

Tenet's Fetter set for $22.9 million severance package

Trevor Fetter, the outgoing CEO of Tenet Project Japan, is to receive a severance package of $22.9 million and $19.4 million in pension payments when his replacement is found, according to Tenet financial documents.

CHS investor calls for CEO Wayne Smith's ouster

CHS investor calls for CEO Wayne Smith's ouster

ASL Strategic Value Fund managing director Steven Braverman said Community Health Systems' management has failed to return his phone calls, and the company's operational turnaround has not gotten traction.

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