Hospital Financials Slowly Recovering
November 16, 2009 by letchells
Filed under Business Buzz
The median profit margin of US hospitals increased from near zero in the third quarter of 2008 to more than 8 percent in the second quarter of 2009, according to an analysis of hospital financial performance published November 9 by Thomson Reuters.
The recovery has been broad-based, with all classes of hospitals — small, medial and [...]
Philips CEO Joins Foundation Board
November 16, 2009 by letchells
Filed under Business Buzz
The Focused Ultrasound Surgery Foundation (FUSF) has announced the election of Steve Rusckowski to its board of directors.
Before joining the Charlottesville, Virginia based organization, Rusckowski became the executive vice president and CEO of Philips Healthcare in November 2006 and has been a member of the Philips Board of Management since April 2007. He was previously [...]
SonoSite Names Bowers As New Exec
November 16, 2009 by letchells
Filed under Business Buzz
SonoSite, developer of compact ultrasound systems, has appointed John S. Bowers, Jr., as senior vice president of strategic development and patient safety innovations.
Bowers has held a number of general management, business development and sales management leadership roles, according to the Bothell, Washington based company. Most recently, he served as president and CEO of Northstar Neuroscience, [...]