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Top News In Butler Health Today - Breaking & Trending Today

Independence Health lays off 53 nonunion workers

Independence Health System laid off 53 workers this week, Tom Chakurda, chief marketing and communications officer, confirmed Wednesday, June 28.
“These actions are a reflection of our ongoing and ne. ....

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Credit rating agency says Butler Health System is backsliding further financially

Butler Health System’s credit rating was downgraded this week. The system, which combined with Greensburg-based Excela Health at the beginning of the year to form Independence Health System, had its rating downgraded three notches from A to BBB on June 26. Excela and Butler Health are rated separately. Fitch previously ....

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Independence Health System lays off 53 employees

Independence Health System laid off 53 employees this week, bringing the total number of positions eliminated this year to 226. The changes come in the wake of significant financial losses and a financial credit rating downgrade for part of the health system. Formed by the merger of Butler Health System ....

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Credit agency downgrades Butler Health rating to BBB

The bad news keeps coming for the recently merged Butler Health System.
Credit agency Fitch Ratings has downgraded the credit rating for the financially troubled hospital network from A to “BBB,” citi. ....

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Despite financial turbulence, Independence Health CEO holds optimistic perspective for merged system

The CEO of the merged Excela Health and Butler Health systems is committed to keeping the organization’s five hospitals operating, despite currently enduring millions of dollars in losses. “We are taking a look at all the assets across the system. Every one of the five hospitals is very important to ....

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