Ascension Health Rumors

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Ascension faces negative outlooks following weak earnings

(1 days ago) WebAscension Health, one of the largest hospital systems in the country, posted consecutive operating losses in fiscal years 2022 and 2023. Fitch Ratings and S&P …

https://www.healthcaredive.com/news/ascension-faces-negative-outlooks-following-weak-earnings/696104/

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How Ascension is paring down amid $3B loss - Becker's Hospital …

(5 days ago) WebEmail. St. Louis-based Ascension has reported a $3 billion operating loss on revenues of $28.35 billion in fiscal year 2023 as it struggled to address high operating …

https://www.beckershospitalreview.com/finance/how-ascension-is-restructuring-its-portfolio.html

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Ascension posts $2.7B net loss in fiscal year 2023, driven by rising

(7 days ago) WebAscension Healthcare, a nonprofit hospital operator, faced rising expenses and revenue challenges in fiscal year 2023, ending with a net loss of $2.7 billion. The …

https://www.healthcaredive.com/news/ascension-healthcare-full-year-2023-net-loss-expenses-inflation/693947/

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Ascension health system is running a Wall Street-style …

(2 days ago) WebAscension, the largest Catholic hospital system in the US, has partnered with a private equity firm to invest in companies such as a debt collection agency. The investigation reveals how Ascension's …

https://www.statnews.com/2021/11/16/ascension-running-wall-street-style-private-equity-fund/

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Ascension wraps fiscal year 2022 with $2.7B loss

(7 days ago) WebAscension, a nonprofit health system with 140 hospitals, reported a $2.66 billion net loss and a $3.04 billion operating loss for the year ended June 30. The system …

https://www.fiercehealthcare.com/providers/ascension-wraps-fiscal-2022-27b-loss-thanks-higher-expenses-one-time-impairment-loss

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Ascension releases FY23 financial results Ascension

(2 days ago) WebAscension, a nonprofit healthcare system, faced operational and financial challenges in the fiscal year ended June 30, 2023. The results include one-time impairment losses, …

https://about.ascension.org/news/2023/09/ascension-releases-fy23-financial-results

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JPM23: Ascension Health details $2.5B economic …

(Just Now) WebAscension Health took a financial hit in the first three months of 2022, posting an operating income loss of $671 million for the three months ending March 31 and its operating margin dropped to

https://www.fiercehealthcare.com/providers/jpm23-ascension-health-details-25b-economic-recovery-plan-rebound-financial-operational

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Ascension posts $884M loss from COVID surges - Fierce Healthcare

(2 days ago) WebThe health system reported lower revenue and higher expenses amid COVID-19 surges, staff furloughs, wage inflation and workforce shortages. The quarter's …

https://www.fiercehealthcare.com/providers/ascension-posts-884m-loss-early-2022-hospitals-hit-covid-surges-higher-expenses

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Ascension Nurse Confirms NYT’s Critically Unsafe …

(7 days ago) WebNick Ragone, an Ascension spokesperson, countered the claim to NYT reporters, citing that St. Joseph’s number of employees per occupied bed actually increased by 6% between 2018 and 2021. But, …

https://nurse.org/articles/ascension-health-nyt-unsafe-staffing-nurse-speaks/

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Murphy’s Law: The Vast Wealth of Ascension Health

(6 days ago) WebTersigni has long been the biggest money maker at Ascension Health. As Urban Milwaukee reported in 2018, he earned $13.9 million in compensation in 2015, …

https://urbanmilwaukee.com/2023/01/11/murphys-law-the-vast-wealth-of-ascension-health/

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Ascension announces shakeup of leadership team in …

(9 days ago) WebTop executives are leaving Ascension Wisconsin, a hospital system that has faced staffing shortages and complaints from health care workers and regulators. The changes come as Ascension Health is …

https://www.jsonline.com/story/news/2023/03/21/ascension-announces-shakeup-of-leadership-team-in-wisconsin/70034791007/

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Layoffs hit Ascension Health, former employees want to know why …

(2 days ago) WebINDIANAPOLIS (WISH) — Ascension is eliminating on-site jobs in Indiana and outsourcing them to a contactor based in India instead. A few of the now former …

https://www.wishtv.com/news/i-team-8/layoffs-hit-ascension-health-former-employees-want-to-know-why-2/

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Ascension posts $231M in quarterly operating income as labor …

(Just Now) WebSt. Louis-based Ascension Healthcare brought in $231 million in operating income during its second quarter 2024 ended Dec. 31, compared to an operating loss of …

https://www.healthcaredive.com/news/ascension-q2-2024-earnings/707928/

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Henry Ford Health and Ascension Michigan Announce Agreement …

(2 days ago) WebNew joint venture would combine Ascension Michigan’s southeast Michigan and Genesys healthcare facilities with Henry Ford Health, delivering exceptional …

https://finance.yahoo.com/news/henry-ford-health-ascension-michigan-153000564.html

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Ascension reports nearly $1.9B loss across nine months - Fierce …

(2 days ago) WebAscension, a Catholic healthcare giant, blamed one-time impairment losses and higher costs for its fiscal Q3 operating deficit. The system said it faced …

https://www.fiercehealthcare.com/providers/ascension-down-nearly-19b-nine-months-after-fiscal-q3s-elevated-costs-one-time-impairment

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Investments drive Ascension to income of $957M, despite …

(7 days ago) WebOverall, Ascension — the second-largest hospital operator in the U.S., with more than 2,600 sites of care, including 146 hospitals in 19 states and Washington, D.C. …

https://www.healthcaredive.com/news/investments-drive-ascension-to-income-of-957m-despite-dampened-patient-vo/600923/

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How a Sprawling Hospital Chain Ignited Its Own Staffing Crisis

(6 days ago) WebInside, the 400-bed hospital is reeling from years of downsizing. In 2018, Ascension had laid off workers, including at least 500 in Michigan — even as the chain …

https://www.nytimes.com/2022/12/15/business/hospital-staffing-ascension.html

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Ascension Health executive's comments about pay go viral on TikTok

(Just Now) WebErica Wehrmeister, Ascension Indiana’s president of the Central Region, was allegedly asked about increasing staff pay at a virtual town hall last Wednesday. Her …

https://www.indystar.com/story/news/health/2021/09/01/ascension-health-tiktok-controversy-executives-comments-go-viral/5678233001/

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I-TEAM: Former Ascension CEO compelled to testify at - News4JAX

(8 days ago) WebA top executive for Ascension St. Vincent’s must testify at a deposition as the health system defends hundreds of medical malpractice lawsuits focused on a former …

https://www.news4jax.com/news/local/2022/12/02/i-team-appeals-court-upholds-decision-compelling-ascension-ceo-to-testify-at-deposition-in-negligence-lawsuits/

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Ascension Health closes 2022 with $1.8B loss, -3.1% margin

(Just Now) WebAscension Health closed its 2022 fiscal year with an $879.1 million operating loss and net loss of more than $1.8 billion, according to investor disclosures for …

https://www.fiercehealthcare.com/providers/ascension-health-closes-2022-18b-loss-31-operating-margin

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Ascension Texas sends new letter to Central Health as partnership

(9 days ago) WebOn Tuesday, Ascension Texas sent Central Health a "deadlock" letter to formally announce the hospital system considers negotiations officially stalled with the …

https://www.statesman.com/story/news/healthcare/2023/05/05/central-health-ascension-texas-travis-county-send-letter-negotiations-stalled-souring-partnership/70169788007/

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The A's Overpowering Closer - MLB Trade Rumors

(Just Now) WebMiller returned in September, working 2-3 inning stints to finish the year. He closed his rookie campaign with a 3.78 ERA in 33 1/3 innings. Oakland GM David Forst …

https://www.mlbtraderumors.com/2024/04/the-as-overpowering-closer.html

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