AROUND THE NATION

WEST

Intermountain Healthcare recorded $2.16 billion in net income for the first nine months of 2022. The merger between Intermountain, headquartered in Salt Lake City, and Broomfield, Colorado-based SCL Health, which took effect April 1, boosted the company’s results this year. As of Dec. 1, former chief operating officer Robert Allen is president and CEO of the health system, replacing interim CEO Lydia Jumonville.

NORTHEAST

Lifespan, a Providence, Rhode Islandbased nonprofit, has named John Fernandez as its next president and CEO. Fernandez is president of the specialty hospital Mass Eye and Ear and of Mass General Brigham Integrated Care, both part of the Boston-based Mass General Brigham health system. He succeeds Dr. Timothy Babineau, who stepped down in May after a decade leading Lifespan.

MIDWEST

Cleveland Clinic’s net losses for the year so far have exceeded $1.5 billion as labor costs remain elevated. The Ohio-based nonprofit reported $316.3 million in operating losses in the first three quarters of 2022, compared with a $549.44 million gain in the year-ago period. Investment losses totaled $1.26 billion. Meanwhile, the system announced it is expanding its global network of in-country representatives to five new locations: Canada, China, Colombia, Ecuador and Mexico.

Advocate Aurora Health and Atrium Health completed their merger. The combined organization, Advocate Health, has more than $27 billion in revenue, 67 hospitals—40 from Charlotte, North Carolina-based Atrium and 27 from Advocate Aurora, which is jointly headquartered in Downers Grove, Illinois, and Milwaukee—and nearly 150,000 employees, with facilities in Alabama, Georgia, Illinois, North Carolina, South Carolina and Wisconsin. Eugene Woods and Jim Skogsbergh will serve as co-CEOs of the new system.