Jack O'Brien is the finance editor at HealthLeaders, a Simplify Compliance brand.
The German-based dialysis company finished 2019 with revenue growth of 6% year-over-year but struggled in several other major metrics.
In a bright spot, the health system did see its quarterly adjusted EBITDA rise to nearly $450 million.
The leadership announcement came two weeks after the company released its year-end earnings report.
A new study in JAMA found that physician practice acquisitions by private equity firms increased from 2013 to 2016.
The Nashville-based healthcare company saw its quarterly and year-end revenues increase by at least 5%.
These were the first financials released since CommonSpirit Health Co-CEO Kevin E. Lofton announced plans to retire at the end of June.
Additionally, almost 40% of enrollees said having an in-network provider was their top concern when receiving medical care.
The Boston-based healthcare organization also absorbed $352 million in Medicare, Medicaid, and Health Safety Net shortfalls during Q1 2020.
Opportunities to invest in telehealth and get a handle on capital expenditures were top of mind for hospital executives.
The company made a series of leadership changes in addition to releasing its earnings report.