Brentwood-based Premise Health provides health care, often directly at workplaces, to employees at large companies. The coronavirus pandemic forced many of those companies to send workers home, and in response Premise rolled out a number of new telehealth products.
Quorum Health and its largest shareholder continue to tussle in bankruptcy court over the hospital company’s reorganization plan, which would wipe out equity investors.
Tivity Health will pay its incoming president and CEO a little less than his predecessor but is making up for it by granting him thousands of shares that, if vested today, would be worth more than $6.4 million.
Brentwood-based health care communications firm Jarrard Phillips Cate & Hancock has added veteran executives David Pate and Denise Venditti as of-counsel advisors.
A longtime Walgreens executive has been tapped to fill the president and CEO roles at Tivity Health three months after a leadership shakeup resulted in the resignation of Donato Tramuto and other high-ranking officers.
The leaders of BlueCross BlueShield of Tennessee have announced the Chattanooga-based insurer will continue covering telehealth services permanently after major spikes in usage during the pandemic.
A majority of National HealthCare Corp. investors last week voted in favor of a motion calling on the company to prepare a report on how it can enhance the diversity of its board.
The Franklin-based health care company AdhereHealth is analyzing data from insurance plans to identify people at high risk of contracting the new coronavirus, and intervening to help them stay healthy.
Quorum Health executives have called an investor’s assertions that the company should revamp its proposed bankruptcy restructuring plan “both incorrect and reckless.”
Investment firm Health Velocity Capital has recruited to its advisory board the former CFO of Blue Shield of California, who also held senior roles at Hitachi and Yahoo.
The Franklin headquarters of Fast Pace Health Urgent Care has undergone 25 layoffs, which combined with cuts at its various area clinics yielded a collective loss of 166 workers.
The investor pushing back against Quorum Health’s bankruptcy reorganization that would wipe out his stake and those of other equity holders says the company’s plan is outdated because of the federal government’s massive emergency funding of hospitals struggling in the face of COVID-19.
The leaders of Franklin-based Community Health Systems have agreed to sell three of their hospitals in Texas and Florida as they continue the work of trimming their debt load.
A third local public company last week secured a forgivable loan under the federal government’s Paycheck Protection Program, with its CEO saying the program was designed for firms like his.
The top five officers of Tivity Health are forgoing a quarter of their base salary for the next four months, a move that will save the fitness and nutrition programs company about $1 million as it looks to ride out the effects of COVID-19.
Many of the ambulatory surgery centers run by Brentwood-based Surgery Partners are operating at less than a fifth of their normal volumes, the consequence of elective medical procedures being halted as the nation’s health care system focuses on tackling COVID-19.
Local businesses helping health care providers roll out telehealth services are expanding during the coronavirus outbreak as doctors across the U.S. turn to video calls to talk with patients.
An investor is criticizing Quorum Health’s Chapter 11 reorganization proposal, saying the hospital company’s executives and debt investors led by Kohlberg Kravis Roberts are rushing the process “to drive an opportunistic false valuation” helped by the temporary impact of COVID-19.
A drop in patient bill collections late last year dealt a severe blow to Quorum Health’s liquidity and led to its bankruptcy filing Tuesday, executives said in a regulatory filing.
Quorum Health executives on Tuesday morning filed for protection from their creditors, saying they and their banks and other debt holders have a plan to cut the hospital operator’s debt load by about $500 million.The bankruptcy filing by Quorum isn’t a big surprise. Four weeks ago, investors…
Earlier today, Gov. Bill Lee issued an executive order that will expand access to online mental health care during the coronavirus pandemic.
The New York Stock Exchange has told Quorum Health executives that the hospital company’s shares are again out of of compliance with the Big Board’s listing standards.
Therapists in Middle Tennessee are asking Gov. Bill to temporarily change a law prohibiting some some counselors from using video to provide therapy.
Analysts at Moody’s Investors Service on Friday cut their rating on the debt of Tivity Health by two levels, in part because the company’s Nutrisystem weight-loss business may not benefit proportionally from the rise in at-home food consumption caused by the spread of COVID-19.
Lack of action from Tennessee’s state government is preventing local therapists from providing online care at a time when their clients need it more than ever.