LifePoint Health, a leading healthcare company dedicated to Making Communities Healthier, announced last week that Elmer Polite has been named chief financial officer of its Eastern Division of hospitals. In this role, Polite will oversee financial operations for 26 hospital campuses located in Michigan, Pennsylvania, North Carolina, South Carolina and Virginia.
When a woman gets a caesarean section at the gleaming new Van Ness location of Sutter Health’s California Pacific Medical Center, the price might be $6,241. Or $29,257. Or $38,264. It could even go as high as $60,584. The rate the hospital charges depends on the insurance plan covering the birth. At the bottom end of the scale is a local health plan that serves largely Medicaid recipients. At the top are prices for women whose plans don’t have the San Francisco hospital in their insurers’ network.
Mercy Hospital and Medical Center, whose efforts to close were denied by the state, has filed for bankruptcy. The Chapter 11 bankruptcy filing, made Wednesday in U.S. Bankruptcy Court for the Northern District of Illinois, comes less than three weeks after a state board denied an application from Mercy’s owner, Trinity Health, to open an outpatient care center on the city’s South Side, 2 miles away from the hospital.
A company owned by Apollo Global Management Inc. APO -1.89% is in talks to buy Ardent Health Services, according to people familiar with the matter, in a move that would add roughly 30 hospitals across six states and create an entity worth more than $10 billion including debt.
House Democrats are expected to insert a controversial Medicaid drug pricing policy into a fast-moving Covid-19 relief bill, several health care lobbyists and a congressional aide briefed on the package told STAT.