Ochsner Health has named Jim Molloy as the organization’s next Executive Vice President, Chief Financial Officer and Treasurer.
A leader at Citi bringing decades of extensive experience in healthcare finance, Molloy will oversee the organization’s accounting, financial planning and analysis, reimbursement and revenue cycle functions, as well as managed care contracting and treasury. He will also play a pivotal role in the continued development and execution of Ochsner’s strategy as the health system builds on its clinical excellence and spirit of innovation to evolve the future of healthcare delivery.
After a lengthy process and interviews with candidates from all over, it took just a few minutes to approve the new Powell Valley Healthcare CEO, who has been working just one office away from the soon-to-be-retired CEO.
PVHC Chief Financial Officer Joy Coulston was chosen by the majority as the next CEO by the hospital board of directors at a special meeting Wednesday evening.
Under the weight of so much debt, Claxton-Hepburn Medical Center in Ogdensburg has announced major changes. Claxton-Hepburn will continue to run some of the hospital, but a majority of the services will be operated by Carthage Area Hospital.
Indiana University Health is about to sell $726 million in bonds to help finance its new downtown hospital, which is now rising from the ground in the first stage of a massive construction project. The hospital system confirmed Monday that it priced the bonds on June 6 and expects to close on the offering July 6.
Mark Cuban has been disrupting healthcare with his low-cost online pharmacy, but there are other areas of the industry that can be improved upon too, he believes.
Spring Valley is set to lose a hospital as an OSF press release has confirmed that St. Margaret’s Health is closing. Fortunately, OSF is already taking steps to fill the medical care gap that the closing will entail.