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Cerberus Quadruples Money After Unusual Exit From Hospital Giant

Cerberus Quadruples Money After Unusual Exit From Hospital Giant

Cerberus Capital Management, demonstrating the rewards of Wall Street’s rush into health care, made a roughly $800 million profit on its investment in struggling Catholic hospitals, records show.

Catholic Hospitals Are Putting Profit Over Patients

The Rise of the Corporate-Catholic “Zombie Hospital” A labor fight at Saint Vincent Hospital in Massachusetts reveals how massive health systems use weak religious affiliations as cover for toxic practices, from unions to reproductive health. Courtesy of Amy Littlefield Rain dots the sidewalk outside Saint Vincent Hospital in Worcester, Massachusetts, as Pastor Moses Makor of Christ Vision Ministries ascends a plywood podium. Makor, dressed to preach, in black with a mustard-yellow collar, works at the hospital as a nurse. He and hundreds of co-workers have been out on strike since March 8 over nurse-to-patient ratios they say have led to unsafe conditions and an increase in patient bedsores and falls. It’s a Wednesday in late April, and the nurses surround the podium at the interfaith vigil, cupping battery-powered candles in the gray evening light as Makor quotes from the Epistle of James. 

Dana Farber Vice President of HR Robin Antonellis Appointed Executive Director of the New England Employee Benefits Council

Dana Farber Vice President of HR Robin Antonellis Appointed Executive Director of the New England Employee Benefits Council Share Article Antonellis’ hiring comes as NEEBC pivots to implement its strategic plan during the pandemic and beyond, delivering new programs and services while leveraging technology to expand its virtual and geographic reach. It’s exhilarating to assume leadership for NEEBC during such a transformational chapter where NEEBC’s vision is focused on creating a collaborative, dynamic and inclusive community of professionals by cultivating an exceptional member experience. CONCORD, Mass. (PRWEB) December 15, 2020 The New England Employee Benefits Council (NEEBC), a leading source of unbiased employee benefits and total rewards education, announces it has named Dana Farber Vice President of HR Robin Antonellis as its new Executive Director. Antonellis will succeed long-time executive dire