Dignity Health weathered investment losses in the latter half of 2018, but its revenue also took a hit.
Mayo Clinic's investment returns swung $964 million lower into negative territory in 2018 year-over-year as the not-for-profit system weathers volatile markets.
Baylor Scott & White is the latest health system whose non-operating results took a hit on weak investment returns. Despite that, its revenue and operating margin inched up.
Kaiser Permanente's non-operating income dropped 71% in 2018 as the Oakland, Calif.-based not-for-profit health system dealt with volatile investment markets.
About 1,650 Trinity Health employees will see their positions relocated to Michigan and Ohio or outsourced to a vendor in the coming years as the system transitions to an Epic EHR system.
While executives didn't outline why the deal fell through, there had been some concern regarding the alignment of their academic missions as well as a mismatch of their physician-management models, sources close to the matter said.
The newly formed CommonSpirit will rank among the largest health systems in the nation, but its size won't guarantee immediate success, industry watchers say.
A new Kaufman Hall survey finds hospital and health system CFOs are losing confidence that their organizations can manage the financial effects of evolving business conditions.
Dr. David Torchiana, who has been the market-leading health system's president and CEO since March 2015, previously served as chairman and CEO of the Massachusetts General Physicians Organization.
New Internal Revenue Service interim guidance aims to help hospitals determine how a new 21% excise tax on executive compensation will affect them, and the news isn't all positive.
The combination would create an eight-hospital, not-for-profit system based in New Hampshire. Dartmouth and GraniteOne's largest hospital, Catholic Medical Center, tried to merge in 2009.
Ascension combined its "solutions" and "healthcare" divisions as the largest Catholic health system in the country looks to flatten the organization and move more quickly.