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Erik Wexler stepped into the top leadership role at 51-hospital Providence at a “tumultuous” time in healthcare, as he ...
On May 22, the House passed President Trump’s “Big Beautiful Bill Act” by a vote of 215 to 214. By now you have probably heard that the Medicaid cuts are ...
Cutting funds to Medicaid will have a significant impact on people's access to care, a group of Catholic, nonprofit health ...
Renton, Wash.-based Providence reported a $244 million operating loss (-3.1% margin) in the first quarter, down from a $176 million operating gain (2.1% margin) in the first quarter of 2024. ...
The layoffs follow warnings from Providence Health & Services CEO Erik Wexler, who recently told employees the health system is facing economic pressures and is taking steps to rein in costs ...
Two weeks ago, Providence CEO Erik Wexler sent an email to the nonprofit health system’s staff describing a “perfect storm” threatening the organization’s financial stability. Since posting a loss of ...
Nearly half of Oregon’s hospitals lost money on day-to-day operations last year, according to a new 2024 financial report from the Hospital Association of Oregon. Two weeks ago, Providence CEO ...
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