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Not-for-Profit Hospitals

Struggling CHI stands to benefit from merger with Dignity

Struggling CHI stands to benefit from merger with Dignity

More than a year after proposing a merger, Catholic Health Initiatives and Dignity Health have signed a definitive agreement to create the nation's largest not-for-profit hospital system in the country by operating revenue. The deal could speed up financially struggling CHI's turnaround.

Sanford Health acquires stake in German hospital

Sanford Health acquires stake in German hospital

Sanford Health added to its growing international portfolio by acquiring a minority stake in Isar Klinikum, a hospital based in Munich. Sanford plans to work intimately with the German hospital on stem cell therapy.

McLaren buys Indiana health plan MDwise

McLaren buys Indiana health plan MDwise

Grand Blanc, Mich.-based McLaren Health Care Corp., a 12-hospital not-for-profit integrated health system, has acquired MDwise, a 360,000-enrollee Medicaid health plan in Indianapolis, for an unspecified amount.

Trinity Health's operating income improves to $266 million in 2017

Trinity Health's operating income improves to $266 million in 2017

Trinity Health reported operating income before special items of $266 million in 2017, up from $151 million last year, buoyed by strong acquisitions, volume growth, a better service mix, improved revenue-cycle management and population health risk-share gains, the Catholic-sponsored health system...

Ascension rebrands six markets to streamline care

Ascension rebrands six markets to streamline care

Ascension will expand its rebranding efforts to six more markets as it looks to unify all of its facilities under one name to help patients navigate care and establish a consistent culture, executives said Tuesday.

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