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Providence still recovering after fallout from Hoag split

Providence still recovering after fallout from Hoag split
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United statesGreg hoffmanProvidence health servicesProvidence healthChief financial officer greg hoffmanSouthern california

Providence reports $1 1B operating loss in first three quarters

Providence recorded a net operating loss of $164 million in the third quarter, which was significantly better than in the second quarter. The health system cited macroeconomic conditions and escalating labor costs.

United statesNewport beachGreg hoffmanChief financial officer greg hoffman

Providence Outlays Hurt Bottom Line - San Fernando Valley Business Journal

Providence Outlays Hurt Bottom Line - San Fernando Valley Business Journal
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Greg hoffmanValley caring servicesProvidence holy cross medical centerProvidence health servicesMission hillsProvidence healthNorth valley caring servicesChief financial officer greg hoffman

Providence bets on machine-learning, consolidating data centers

Providence bets on machine-learning, consolidating data centers Print Providence will lean on technology to help recover from the financial damage the COVID-19 pandemic wrought on the Renton, Wash.-based health system, according to it management team speaking at the J.P. Morgan Healthcare Conference. At the end of Providence s most recent third quarter on Sept. 30, the health system recorded a $214 million operating loss, with a decline in patient admissions and increase in labor costs impacting its 54 hospitals and more than 1,000 medical clinics. Over the next two years, interim Chief Financial Officer Greg Hoffman said the health system plans to close its six data centers it closed one in 2020 as well as migrate its entire health system to a single Epic electronic health record and enterprise resource planning back-office tool.

Amy compton phillipsGreg hoffmanChief financial officer greg hoffmanChief clinical officer amy compton phillipsஆமி காம்ப்டன் பிலிப்ஸ்கிரெக் ஹாஃப்மேன்தலைமை நிதி அதிகாரி கிரெக் ஹாஃப்மேன்தலைமை மருத்துவ அதிகாரி ஆமி காம்ப்டன் பிலிப்ஸ்