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Independence Health System sees shrinking losses, but looks ahead to further improvement

Independence Health System sees shrinking losses, but looks ahead to further improvement
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Karen allenTom chakurdaBrian fritzKen defurioTom albanesiIndependence health systemChief financial officer tomButler memorial

Independence Health addresses losses from 1st year as merged health care system

Independence Health System continued to lose money as it passed its one-year mark at the end of December 2023, though annual losses have shrunk by almost $9 million, according to recently released financial reports. Reports indicate the health system formed by the merger of Excela and Butler health systems has

Butler memorial hospitalUnited statesKen defurioTom albanesiKaren allenBrian fritzTom chakurdaHealth planIndependence health systemButler health systemChief financial officer tomButler memorial

Region s health systems face industry headwinds – Butler Eagle

Ken DeFurio, president and CEO of Independence Health System, told employees in a Dec. 11 email the industry is facing significant “headwinds caused by years of the COVID-19 pandemic.” In spite of the.

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Butler Memorial Hospital says new partnership will broaden patient access, staffing

Butler Memorial Hospital’s partnership between its electrophysiology department and an external medical group will boost patient care by addressing gaps in staffing and access to emerging medical tech.

West virginiaUnited statesTom chakurdaRichard beggEddie trizzino butlerHeidi drennenKaren allenManinders bediExcela health systemIndependence healthIndependence health chakurdaFitch ratingsButler health systemButler memorial hospitalLaxman prajapatButler memorial

Independence Health sees about $23 million in losses over 3-month period

Independence Health System operated at a deficit of almost $23 million between the beginning of July and the end of September this year, according to recently released reports. The shortfall is an extension of the downsliding pattern that the combined health system — made up of subsidiaries Excela Health and

United statesButler memorial hospitalBrian fritzTom albanesiTom chakurdaKaren allenButler health systemButler healthExcela healthIndependence health systemWestern pennsylvaniaHealth systemButler memorial