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May 28, 2015 4:28 PM ET

Healthcare Providers and Services

Company Overview of Novant Health, Inc.

Company Overview

Novant Health, Inc. operates as a not-for-profit integrated system in the United States. The company operates hospitals, outpatient surgery and diagnostic centers, long-term care facilities, charitable foundations, a risk retention group, rehabilitation programs, and community health outreach programs. It offers various services, including assisted living, behavioral health, breast health, cancer treatment, clinical research, corporate health and wellness, critical care, diabetes treatment, emergency, heart and vascular care, home health, hospice, imaging, infusion, inpatient, laboratory, orthopedic care, pain management, pastoral care, pharmacy, rehabilitation, respiratory, sleep health, su...

2085 Frontis Plaza Boulevard

Winston-Salem, NC 27103

United States

Phone:

336-718-5600

Key Executives for Novant Health, Inc.

Chief Executive Officer, President and Trustee
Age: 49
Chief Financial Officer
Chief Operating Officer and Executive Vice President
Executive Vice President and President of Novant Health Medical Group
Chief Legal Officer and General Counsel
Compensation as of Fiscal Year 2014.

Novant Health, Inc. Key Developments

Novant Health Reports Earnings Results for the First Quarter Ended March 31, 2015

Novant Health reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company saw its revenue jump last quarter as patient volumes swelled at its hospitals and outpatient offices, with operating revenue rising to nearly $1 billion during the three-month period. But despite that boost in revenue, the company saw its profit remain relatively flat for the quarter that ended March 31. Net operating income for quarter totaled $19.7 million, dipping from $19.9 million in the same quarter a year ago.

Novant Health Names Bert Scott as Senior Vice President of Population Health, Effective from February 1, 2015

Novant Health has named Bert Scott senior vice president of population health. He joins the organization from Affinity Health Plan where he served as the president and CEO. In his new role at Novant Health, Scott will partner with David Cook, MD, senior vice president of population health clinical, and Amy Vance, senior vice president of population health business operations. Together, they will work with the population health team to integrate population health across the Novant Health system, both culturally and operationally, so it creates value for patients, families and consumers. By creating alignment across the system, Novant Health will be even more equipped to deliver a remarkable patient experience. Scott will report to Jesse Cureton, executive vice president and chief consumer officer. Scott will begin his new role on Feb. 1, 2015.

Novant Health Inc. Scales Back Louisburg Hospital and Cuts 59 Jobs

Novant Health Inc. announced another shifting of its service priorities by opting to significantly reduce inpatient care at its Louisburg hospital. Franklin Medical Center will go from 83 inpatient beds to 13 beds for geriatric behavioral-health patients and two beds for inpatient acute-care services. The downsizing includes the elimination of 59 jobs throughout the hospital.

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