Ascension rebounds from last summer s pandemic losses healthcaredive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from healthcaredive.com Daily Mail and Mail on Sunday newspapers.
Dive Brief:
The COVID-19 pandemic continues to drag on Ascension s operational performance, but government relief funds and hefty investment returns yanked the nation s largest nonprofit system back into the black in its latest fiscal quarter.
For the period ended March 31, the St. Louis-based Catholic giant reported operating revenue of $6.6 billion, up 7% year over year. However, expenses also ticked up on a year-over-year basis to $6.6 billion, driving the system to an operating loss of $16.7 million. That s still an improvement over Ascension s $429 million operating loss in the same time last year.
However, large investment returns drove Ascension to an income of $957 million in the quarter, compared to a whopping net loss of $2.7 billion at the same time last year.
Posted By Eric Berger on Fri, Apr 23, 2021 at 10:53 AM click to enlarge MERCY St. Louis-based Catholic health system Mercy became a pioneer in telehealth in 2015 when it opened a virtual care center in Chesterfield.
This story was originally published by Kaiser Health News. When Tom Becker was diagnosed with an irregular heartbeat in March 2020, the 60-year-old EMS helicopter pilot from Washington, Missouri, worried he would never fly again. But his cardiologist, Dr. Christopher Allen, had served in the Air Force and knew aviation physiology. So Becker felt reassured when Allen told him he didn’t expect any problems, because Becker was still fairly young.
CVS Health, the company announced today.
Metcalfe joined Aetna about five years ago to serve as its chief communications officer and led communications as the group integrated with CVS shortly after.
She has also held corporate affairs and communications leadership roles at Bristol Myers Squibb, Deloitte, Pfizer’s Diversified Businesses and Novartis.
In her newest position, Metcalf will be responsible for all internal, external, reputation and crisis communications for CVS Health.
> Baptist Health CEO and President
Brett McClung announced his resignation, active May 1. Michael Mayo, hospital president of Baptist Medical Center Jacksonville, will serve as the interim CEO and president during the search for a replacement.