Presence Health said its operating loss last year soared to $186 million, as the Chicago-based Catholic health system made several adjustments that reduced revenues.One of the largest adjustments ...

Presence Health is likely to lay off workers and leave hundreds of job openings unfilled after posting a bigger-than-expected operating loss in 2015.

Presence Health has closed on a $1 billion bond sale — the largest deal of its kind in Illinois — in an effort to shore up the Catholic health system’s financial fitness following large ...

Presence Health, the largest Catholic health system in Illinois, is selling two downstate hospitals to OSF HealthCare. The move comes as the 12-hospital system works to turn around its finances ...

Recommended Reading. Ascension to acquire Presence Health Modern Healthcare Healthcare deal volume may be down, but megadeals and value rose in Q2 By Les Masterson • July 26, 2017 ...

Michael Englehart, president and CEO of Presence Health, is not a doctor. But he’s caring for a sick patient — his hospital chain.In an unusually frank discussion Wednesday, Englehart said he ...

Presence Health, the largest Catholic health system in Illinois, is selling two downstate hospitals to OSF HealthCare. Peoria-based OSF, a sprawling 11-hospital system, plans to buy Presence ...

Presence Health plans to lay off 250 employees over the next three months, as the Chicago-based Catholic hospital network slashes costs after reporting a higher-than-expected loss last year. In ...

St. Louis-based Ascension, the nation’s largest nonprofit Catholic health system, signed a nonbinding letter of intent to acquire Chicago-based Presence Health, Illinois’ largest Catholic ...

Ascension, the country’s largest Catholic health system, has signed a letter of intent to purchase Presence Health, the largest Catholic system in Illinois. Under the agreement, Presence Health ...