Bruce to head new Provena, Res­ur­rec­tion sys­tem

Modern Healthcare - - Late News -

San­dra Bruce, pres­i­dent and CEO of Res­ur­rec­tion Health Care, Chicago, will lead the new or­ga­ni­za­tion that would form pend­ing the sys­tem’s merger with Provena Health of Mo­kena, Ill. The merged sys­tem would be the largest Catholic provider in Illi­nois, with 12 acute-care hos­pi­tals. Guy Wiebking, Provena’s pres­i­dent and CEO, will as­sume the role of chair­man of the new and yet-to-be named or­ga­ni­za­tion’s board of di­rec­tors, ac­cord­ing to a joint state­ment from the two providers. Bruce as­sumed her new role im­me­di­ately. Of­fi­cials an­nounced the deal in July. Clos­ing is ex­pected in Novem­ber pend­ing ap­proval from Illi­nois of­fi­cials. That could hap­pen at a mid-Oc­to­ber meet­ing. The 10 mem­bers of Provena’s Mem­ber Body and Res­ur­rec­tion’s Spon­sor­ship Board, which rep­re­sent the five spon­sor­ing congregations, se­lected Bruce and Wiebking for the po­si­tions. Bruce, named as one of Modern Health­care’s Top 25 Women in Health­care in 2011, joined Res­ur­rec­tion in Novem­ber 2008 and is cred­ited with turn­ing around its fi­nances. The sys­tem went from a nearly $100 mil­lion op­er­at­ing loss in fis­cal 2008 to a pos­i­tive bot­tom line of more than $1.8 mil­lion in fis­cal 2010.

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