Providence Health System News
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Providence reports year-end 2023 results
(2 days ago) WEBThe not-for-profit health system made significant progress in the face of ongoing challenges and invested nearly $2.1 billion in community benefit. RENTON, …
https://blog.providence.org/national-news/providence-reports-year-end-2023-results
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Providence reorgs, cuts leadership team in response to losses
(8 days ago) WEBThe Catholic system has been hit hard by the pandemic, reporting operating deficits of $714 million and $306 million in 2021 and 2020. Although it added roughly …
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PROVIDENCE TO INVEST $177 MILLION TO ADDRESS …
(4 days ago) WEBNews provided by. Providence Foundations of Oregon May 14, 2024, 11:15 ET. not-for-profit Catholic health system compromising a diverse family of …
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Providence names Susan Huang, M.D., chief executive for …
(2 days ago) WEBRENTON, WASH., Feb. 26, 2024 – Providence, a not-for-profit health system serving the Western U.S., announced Susan Huang, M.D., will serve as the organization’s new chief …
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Providence unveils major upgrades to emergency rooms, cardiac …
(3 days ago) WEBProvidence serves upwards of 200,000 ER patients across its Portland facilities, but like many hospital systems, it struggles with overcrowding and old …
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Providence improves in 2023, but still posts $600M net loss
(2 days ago) WEBProvidence was boosted by its non-operational income in 2023. The health system drew in $652 million in investment income for the fiscal year, compared with …
https://finance.yahoo.com/news/providence-improves-2023-still-posts-103944773.html
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Providence, struggling to rebound, posts more losses in Q3
(Just Now) WEBThe health system attributed the increase to investment gains of $298 million over the first nine months of the year. The system posted $1.4 billion in …
https://www.healthcaredive.com/news/providence-health-third-quarter-2023/701134/
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Providence CEO to retire at end of year Healthcare Dive
(8 days ago) WEBAlthough Providence said Hochman oversaw more than $2.1 billion in annual charity care and community benefits, the health system has issued refunds to …
https://www.healthcaredive.com/news/providence-ceo-rod-hochman-retires/716298/
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Providence Health’s Q1 loss due to COVID surge, investment …
(Just Now) WEBProvidence Health posts $510M net loss in Q1 after major COVID-19 surge, investment declines By Robert King May 16, 2022 3:16pm Providence Health & …
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Hospital System to Refund Poor Patients Who Were Entitled to …
(2 days ago) WEBMs. Tizon said Providence was reaching out to about 760 patients who qualified for Medicaid but were wrongly billed. She said the hospital system would repay …
https://www.nytimes.com/2022/10/04/business/providence-hospital-poor-patients.html
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Providence Health System Recognized for Sustainability Efforts
(5 days ago) WEBProvidence, a local nonprofit Catholic health system and one of the largest in the nation, earned 55 Environmental Excellence Awards for 30 of its 51 hospitals this …
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They Were Entitled to Free Care. Hospitals Hounded Them to Pay.
(2 days ago) WEBIn 2019, the latest year available, Providence received roughly $1.2 billion in federal, state and local tax breaks, according to the Lown Institute, a think tank that …
https://www.nytimes.com/2022/09/24/business/nonprofit-hospitals-poor-patients.html
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Providence posts $424M operating loss on heels of restructuring …
(5 days ago) WEBProvidence also saw a nonoperating loss of $902 million due to a weaker financial markets and a $3.4 billion loss due to the removal of Hoag Hospital’s net assets …
https://www.healthcaredive.com/news/providence-loss-second-quarter-covid-finances-labor/629812/
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Providence restructures leadership team, cuts executive jobs
(3 days ago) WEBProvidence St. Joseph Health Providence said Tuesday it is restructuring and reducing executive roles amid persistent operating challenges spurred by the …
https://www.healthcaredive.com/news/providence-job-cuts/627660/
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After Washington state lawsuit, Providence health system erases or
(9 days ago) WEB1 of 2 . FILE - Swedish Medical Center health care workers look on from inside the hospital, April 16, 2020, in Seattle. Providence health care system is …
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Providence Ordered to Pay $200M for ‘Systemic Wage Violations’
(Just Now) WEBMore than 33,000 Providence employees filed a class-action complaint against the health system in 2021, alleging that it had been withholding their wages by …
https://medcitynews.com/2024/04/providence-healthcare-wages-workforce/
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Providence narrowed losses as patient volumes increased
(3 days ago) WEBThe Renton, Washington-based health system posted a $345 million operating loss on operating revenue of $6.8 billion. In the first three months of last year, …
https://www.healthcaredive.com/news/Providence-Q1-2023-financials/651001/
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A New York Times Investigation Examines Providence’s Aggressive
(1 days ago) WEBSeptember 25, 2022 at 12:33 pm PDT. The New York Times put the financial practices of Oregon’s largest hospital system, Providence Health, under the microscope on page …
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World-class health care with human connection Providence
(7 days ago) WEBProvidence is a not-for-profit faith-based health care system operating multiple hospitals and medical clinics providing a comprehensive range of health and social services …
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Telehealth Is Far From Dead, Says Providence’s Virtual Care Chief
(5 days ago) WEBThis year has been a messy one for virtual care companies, but that doesn’t mean that telehealth is dead, according to Eve Cunningham, Providence’s chief of …
https://medcitynews.com/2024/05/telehealth-providence-healthcare/
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Providence Health & Services - Wikipedia
(Just Now) WEBProvidence Health & Services is a not-for-profit Catholic health care system operating multiple hospitals and medical clinics across seven states, with headquarters in Renton, …
https://en.wikipedia.org/wiki/Providence_Health_%26_Services
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Cyberattack disrupts operations at major US health care network
(6 days ago) WEBA cyberattack has disrupted “clinical operations” at major health care nonprofit Ascension, forcing it to take steps to minimize any impact to patient care, an …
https://www.cnn.com/2024/05/08/tech/cyberattack-disrupts-healthcare-network/index.html
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Health-care giant Ascension says hack is disrupting patient care
(7 days ago) WEBAscension, which operates 140 hospitals, says the hack has disrupted clinical care. The extent and duration of the disruption weren’t immediately clear.
https://www.washingtonpost.com/business/2024/05/09/cyberattack-hack-hospital-ascension/
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Ascension hospitals hit by cyberattack; investigating data breach
(2 days ago) WEBA Catholic health system, Ascension has 140 hospitals and 40 senior care facilities across 19 states and the District of Columbia. It reported in May that it had …
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Ascension Health, largest Catholic hospital chain in the US, hit by
(2 days ago) WEBAscension Health, largest Catholic hospital chain in the U.S., hit by cyberattack, disrupting patient care The attack follows another one that has caused a …
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