Operations
Northwest Healthcare has invested an estimated $200M in capital projects throughout the Greater Tucson Metro area.
The biggest expense increases were on the nonlabor side, particularly in drug costs, data shows.
CEO Tim Barry has resigned, and the company's board has appointed VillageMD COO Jim Murray to serve as interim CEO.
The program will provide specialized psychiatric care for adolescents and is expected to increase access, officials say.
Proceeds from the sale of the three hospitals was to have gone towards paying down an estimated $11B debt.
Franciscan says the ability to provide mental health services has not been able to keep up with the increased demand nationwide.