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ProMedica's bond rating improved from 'negative' to 'stable' by Moody's - Vimarsana News

ProMedica's bond rating improved from 'negative' to 'stable' by Moody's

The bond-rating agency pointed to the health care company's sale of its hospice and home-care divisions, as well as the elimination of debt.

Source: wtol.com
ProMedica lays off administrative workers - Vimarsana News

ProMedica lays off administrative workers

Administrative workers from across the health-care company's system have been let go in the latest round of layoffs.

Source: wtol.com
ProMedica lays off 30 non-clinical workers - Vimarsana News

ProMedica lays off 30 non-clinical workers

Fewer than 30 workers in non-clinical jobs were laid off, ProMedica officials said.

Source: wtol.com
ProMedica, once one of nation's largest skilled nursing chains, down to two SNFs - Vimarsana News

ProMedica, once one of nation's largest skilled nursing chains, down to two SNFs

ProMedica has continued to offload nearly all of its nursing homes, while also securing an extension to payoff a massive private loan. 

ProMedica to renovate Monroe hospital instead of build new one - Vimarsana News

ProMedica to renovate Monroe hospital instead of build new one

A ProMedica spokesperson told WTOL 11 the company will renovate its ProMedica Monroe Regional Hospital instead of building a new hospital for multiple reasons.

Source: wtol.com