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Providence CEO Rod Hochman declared "old-school M&A is dead," emphasizing a shift away from traditional hospital acquisitions. Instead, Providence is focusing on collaboration and transformation, exemplified by its role in Longitude Health, a partnership aimed at addressing key healthcare challenges. The health system is also expanding into ambulatory care and enhancing revenue cycle management through strategic partnerships.
Longitude Health has been established by Baylor Scott & White Health, Memorial Hermann Health System, Novant Health, and Providence to enhance healthcare solutions for patients. Led by CEO Paul Mango, the organization aims to invest in performance solutions over the next five years, focusing on cost, quality, access, and patient experience. The initiative seeks to attract additional high-performing health systems to join its mission of delivering high-quality, affordable healthcare.
Baylor Scott & White Health
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
providence ceo advocates for collaboration over traditional hospital mergers
Baylor Scott & White Health
Ascension St. Vincent's Health System
Community Health Systems, Inc.
Providence Resources, Inc.
Novant Health Inc.
R1 RCM Inc.
University of Alabama at Birmingham Health System Authority
Memorial Hermann Health System
USA
Rod Hochman
Paul Mango
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23:39 12.11.2024
health systems unite to form longitude health for improved patient care
United States Dollar
Baylor Scott & White Health
Kaiser Foundation Hospitals
Providence Resources, Inc.
Novant Health Inc.
Memorial Hermann Health System
Pete McCanna
Brett Moraski
Paul Mango
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09:00 11.10.2024
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