Providence Scales Value-Based Care Impact with Risk and Quality Reporting Tool July 10, 2025 Providence’s California network scales value-based care contracts and reduces disparities through a data-driven reporting tool.
Providence’s Cherodeep Goswami Joins American Board of Surgery’s Board of Directors July 8, 2025 Providence's Chief Digital Officer Cherodeep Goswami joins the American Board of Surgery’s Board of Directors for a three-year term beginning July 1, 2025.
Providence Charts 2030 Healthcare Strategy with Focus on Technology, AI, and Care Access July 1, 2025 Providence outlines a tech-driven 2030 strategy centered on AI tools, self-scheduling, and care expansion after recent workforce reductions and financial hurdles.
Providence Announces Second Round of Layoffs in 2025 June 16, 2025 Providence lays off 600 employees, citing rising costs and regulatory pressures. The move follows earlier executive cuts and a hiring freeze.
Catholic Hospital Leaders Sound Alarm on Proposed Medicaid Cuts May 22, 2025 Catholic hospital executives raise concern over proposed Medicaid cuts, citing nationwide impact beyond low-income patients.
Providence Cuts Operating Losses Nearly in Half Amid Financial Improvements March 9, 2025 Providence Health & Services reduced its operating losses to $644 million in 2024, improving financial stability with increased patient volumes, revenue growth, and cost efficiency.
Providence and Compassus Finalize Joint Venture for Home-Based Care in Alaska, Texas, and Washington March 4, 2025 Providence and Compassus have finalized a joint venture to expand home-based healthcare services in Alaska, Texas, and Washington, ensuring continuity of care and workforce stability.
Providence Reaches Tentative Agreements with Striking Healthcare Workers in Oregon February 7, 2025 Providence Health & Services announces tentative agreements with striking nurses and physicians in Oregon, nearing a resolution to the state’s largest healthcare strike. Negotiations continue with hospitalists.
Providence Reshuffles Leadership to Enhance Healthcare Strategies January 24, 2025 Providence streamlines leadership, expands executive roles, and introduces a new Office of Transformation to advance healthcare strategies and improve frontline care.
Providence Reports $1 Bn in Operational Improvements January 15, 2025 Providence reports $1 billion in operational improvements from its Recover and Renew initiative, focusing on cost-cutting and restructuring efforts.
Providence Faces $240,000 Fine for Ransomware Breach October 8, 2024 Providence Medical Institute was fined $240,000 by HHS for HIPAA violations following a 2018 ransomware breach that affected 85,000 individuals. Lawmakers are pushing for stronger healthcare cybersecurity standards.
Erik Wexler Named Next President & CEO of Providence July 22, 2024 Providence appointed Erik Wexler, its current chief operating officer (COO), will become the next president and CEO, succeeding Rod Hochman, MD, who retires at the end of the year.