Business

David Banks takes over the faith-based system, which operates 55 hospitals in nine states. He succeeds Terry Shaw, who previously announced his plans to retire.

Bill Gassen, Sanford’s president and CEO, now oversees a system operating 56 hospitals in rural America. He says that the system could look at other deals.

The health system says it has completed the deal. Penn Medicine has added other hospitals in the Philadelphia suburbs in recent years.

The Health & Human Services Department began terminating 10,000 workers Tuesday. Public health leaders say the cuts undermine efforts to protect the health and safety of Americans.

There's broad optimism for a rise in transactions this year, but some headwinds could slow the pace of deal activity, according to a new report from BRG.

The Trumbull Regional Medical Center and Hillside Rehabilitation paused all services last week. Insight Health Systems acquired them after Steward Health Care declared bankruptcy.

The U.S. Department of Health & Human Services says it will combine divisions and plans to close half of its regional offices. The department says it will save $1.8 billion.

Hospital leaders say reduced state aid could force painful choices, especially as providers worry about less support from the federal government.

After saving Crozer Health from the threat of closure, state officials say an agreement is in place to keep its facilities open. But they say there’s still work to be done.

Some leaders say health systems should consider how an employee meshes with the system, even if they lack some experience.

While the financial pressures facing hospitals are vast, there are clear steps that can be taken to improve operational efficiency and strengthen margins.

Hospitals have faced disruptions in supplies repeatedly in recent years. Lawmakers in Congress have introduced legislation to tackle the problems.

Fitch Ratings has downgraded two hospitals that suffered cyberattacks. Other hospitals could face downgrades if they have lasting damage from attacks.

More than a quarter of Americans bet online every day, according to new data from the American Psychiatric Association. The amount wagered on sports has soared in recent years.

The Chippewa Falls Health Cooperative has signed an agreement to buy an HSHS hospital that closed last year. The group is also planning to build a new hospital.

The health system is planning to build a hospital and an ambulatory facility in San Marcos. The project will be developed over the next several years.

Union Health is still seeking to acquire Terre Haute Regional Hospital, but the plan continues to meet objections from federal regulators.

Sharon Regional Medical Center opened its doors under a new operator. The facility had been owned by Steward Health Care, which filed for bankruptcy last year.

Fewer doctors are entering primary care and investments are insufficient. Ripley Hollister of The Physicians Foundation outlines the problems and remedies.

Vanderbilt University Medical Center appoints a new chair of pediatrics, and other leaders make news.

Mehmet Oz appeared before the Senate Finance Committee as he made his case to lead the Centers for Medicare & Medicaid Services.

The company launched new offerings at the HIMSS conference. In a conversation with Chief Healthcare Executive, Google Cloud’s healthcare leader talked about AI’s emergence.

CHOP says the donation from Comcast’s CEO is the largest in the pediatric system's history. The plans call for a new hospital and the renovation of its existing inpatient facility.

Thousands of women now need a new doctor, but Lisa Bohman Egbert writes that she couldn’t keep going. She says it’s getting harder for independent doctors to stay afloat.

The move came just before Weldon was to testify at a Senate health committee hearing on his nomination. Weldon faced scrutiny for his views on vaccines.