The COVID pandemic has forced Thomas Jefferson University to cut 500 positions as well as the pay of top executives and stop retirement contributions to 32,000 employees in its expansive health system for a year.
Officials with Dignity Health-St. Joseph's Hospital and Medical Center in Phoenix have agreed to pay a $160,000 federal penalty connected with giving incomplete medical records to a patient's family.
UnitedHealth has been a great growth investment in the past. Its valuation has expanded towards a normal level now. There are some headwinds, which is why we are moving to a more neutral stance. This idea was discussed in more depth with members of my private investing community, Cash Flow Kingdom.
JPMorgan Chase is awarding $5 million over three years to a new Boston Medical Center-led initiative aimed at preparing residents of inner-city neighborhoods for better paying jobs and increasing access to affordable housing. The financial services giant and the hospital plan to announce on Thursday that Boston is the latest winner in its “AdvancingCities” Challenge. JPMorgan Chase’s money will help help fund the new initiative, dubbed the Boston Opportunity System Collaborative.
For this week’s interview, David Nevins, President and CEO of Nevins and Associates, spoke with David Krajewski, Executive Vice President and Chief Financial Officer of LifeBridge Health. LifeBridge Health is one of the largest health systems in Maryland and includes Sinai Hospital, Northwest Hospital and Carroll Hospital. Below is a condensed version of their conversation:
Hugh Chatham Memorial Hospital has selected Kent Thompson as its new Chief Financial Officer, succeeding Don Trippel who retired Sept. 30 after 18 years of service. Initially joining the organization in 2001, Trippel’s expertise, diligence, and commitment to excellence have been vital to Hugh Chatham’s strong overall position, and longstanding success as an independent community hospital.