Caroline Hudson
Senior Finance Reporter at Modern Healthcare
Sr. reporter for @modrnhealthcr. Former banking/finance editor for @cbjnewsroom. Tips to [email protected]. #UNC journalism alumna. Go Heels!
Articles
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1 week ago |
modernhealthcare.com | Caroline Hudson
Ascension has sold dozens of facilities over the past few years to streamline its sprawling footprint, and now it may be turning into a buyer. Ascension announced two deals this month that would expand its clout in two southern states. Last week, the health system said it formed a joint venture with startup PathPoint Health to open two Tennessee centers that would treat metabolic conditions such as diabetes and obesity, with additional sites planned.
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1 week ago |
modernhealthcare.com | Caroline Hudson
Ascension Health has signed a definitive agreement to buy Community Health System's majority ownership in a Texas hospital for $460 million. The deal involves CHS' 80% ownership stake in Cedar Park Regional Medical Center and related businesses in Cedar Park, Texas. The buyer, Ascension Seton, already holds a minority interest in the 126-bed medical center, according to a Tuesday news release.
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1 week ago |
modernhealthcare.com | Caroline Hudson
The Permanente Medical Group and Northwest Permanente said Wednesday they have formed an affiliation. The medical groups will remain separate, but will collaborate clinically and share innovations as part of the agreement. The groups will work together on telehealth, population health and workforce wellness, in addition to pursuing more subspecialty partnerships and scaling IT initiatives, a spokesperson said.
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1 week ago |
modernhealthcare.com | Caroline Hudson
Crozer Health CEO Tony Esposito will step down Friday after more than five years at the helm. A Crozer spokesperson said Tuesday that Greg Williams, president of parent company Prospect Medical Holdings’ East Coast operations, will be interim CEO. The spokesperson declined to give a reason for Esposito's departure and did not say whether Crozer would look to fill the role permanently.
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1 week ago |
modernhealthcare.com | Caroline Hudson
Total compensation for top executives at large publicly traded health systems was a mixed bag in 2024, as some companies are still finding their footing after years of financial challenges. Tenet Healthcare CEO Dr. Saum Sutaria and HCA Healthcare CEO Sam Hazen were among the highest paid executives, with total compensation increasing 33% year-over-year to $24.7 million and 12% to $23.8 million, respectively. Total compensation includes base salary, bonuses, stock awards and incentives-based pay.
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