Operations

State is providing $300 million of estimated $600 million project.

With the purchase finalized, Memorial Hermann plans to construct a new 123,000-square foot patient tower with 90 updated patient rooms.

He succeeds Charles W. Sorenson, who retires on October 15, 2016.

A new study from the Center for Sustainable Health Spending claims that mental healthcare eats up significantly more healthcare spending than any other industry sector, to the tune of $201 billion annually.

Northwell Health, New York State's largest healthcare provider and private employer, and DaVita Kidney Care have announced a joint venture that will expand healthcare service to thousands in Queens and Long Island.

Cigna has teamed up with Integrated Independent Physicians Network in Florida for an accountable care organization model that rewards doctors for having a healthier population and saving money.

Jeffrey Carr, most recently the entrepreneur-in-residence at a startup incubator, has joined Mercy Health as the health system's first chief innovation officer, the health system announced Tuesday.

The problems were traced to the compounding pharmacy lab at Paradise Valley Hospital in National City, California, where inspectors found "dust, stains and foreign material" in a supposedly sterile environment in which thousands of intravenous medications were prepared over eight months -- from Jan. 1 to Aug. 18.

St. David's HealthCare, a major provider in Central Texas, will invest more than $275 million in the region's healthcare infrastructure, the system has announced.

Valeant Pharmaceuticals on Monday said it will offer hospitals deeper discounts for the heart drugs Nitropress and Isuprel, with hospitals now eligible for rebates between 10 and 40 percent based on the volume of the drugs purchased over the course of one quarter.