Over $600M in employee pay raises planned for 2026, Providence CEO says
An internal memo to employees said the health system will be able to afford higher pay increases "because of the difficult choices we made in 2025," when the 51-hospital system laid off employees and management across multiple divisions.
Healthcare Dealmakers—$6B NJ hospital merger nixed, Blue Cross KC affiliating with Highmark and more
Cencora is spending $5 billion to accelerate its majority buyout of OneOncology, New Mountain Capital considers sale and consolidation of five health tech portfolio companies and more merger and acquisition news from December.
OR optimization platform Apella raises $80M to fuel health system expansion
Health technology company Apella developed an OR optimization platform that uses ambient AI, computer vision and analytics to provide organizations with real-time data to improve OR efficiency.
Chutes & Ladders—PCMA taps new chief; New CEOs at Ascension, PeaceHealth, Temple Health
Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. Please submit the good news—or the bad—from your shop, and we will feature it here at the end of each week.