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Missouri hospital operator lays off CEO, delays reopening plans

Missouri system names dual-hospital administrator

Missouri system names dual-hospital administrator
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SSM Health reports Q1 $68M operating loss, positive shift in non-operating income

When private equity came for two rural Missouri hospitals

Dr. Joe Corrado saw his hospital being whittled away. Supplies for surgery disappeared, crucial medicines went unstocked, paychecks never came, he said. Just days before Noble suspended operations, he told management: “We don’t have the ability to do the things we need to take care of patients.”

Buy and bust: when private equity came for two rural Missouri hospitals

Dr. Joe Corrado saw his hospital being whittled away. Supplies for surgery disappeared, crucial medicines went unstocked, paychecks never came, he said. Just days before Noble suspended operations, he told management: “We don’t have the ability to do the things we need to take care of patients.”

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