Debra Osteen, the behavioral healthcare provider’s CEO from December 2018 through March 2022, will take up the post again effective immediately. The company’s stock has declined nearly 70% over the past year.
The for-profit hospital giant has been aggressively divesting assets as it looks to pare down debt. With the sale of Crestwood Medical Center, CHS has passed its $1 billion target for divestitures, one analyst noted.
More than 43% of transactions announced last year included a financially distressed party — a record high, according to Kaufman Hall.
The Michigan-based health system said financial headwinds, including heightened costs, low reimbursement from payers and federal policy changes, motivated the cuts.
Why real-time insights and seamless collaboration are becoming essential to quality performance.
The findings are “very depressing,” one commissioner said. Still, it’s a smaller sum than in 2025, thanks to the continued phase-in of a new risk adjustment model.
Erica Rossitto succeeds Sammie Mosier, HCA’s previous chief nurse executive who died in December.
The advisory group wants Congress to approve a 0.5 percentage point increase for doctors in Medicare next year. But some commissioners dissented over MedPAC’s about-face on underlying payment reform.
The Acute Hospital Care at Home Program could lapse on Jan. 30 without congressional action, creating significant administrative complexity for providers, experts say.
The “Great Healthcare Plan” is vague, but would send money directly to ACA enrollees and entrench Trump’s drug pricing deals.