NY Presbyterian names new CEO; UT Southwestern Medical lays off 350 workers;

> NewYork-Presbyterian Hospital last week officially named a new CEO, Dr. Steven J. Corwin, who will replace Dr. Herbert Pardes, reports The Manhattan Times. Robert E. Kelly will be president. Article

> Burdened with $31 million reduction in state funding and a $1.5 billion annual operating budget, the University of Texas Southwestern Medical Center in Dallas is laying off 105 workers as a cost-saving measure, reports the Fort Worth Star Telegram. Another 250 jobs that were vacant were also eliminated earlier. Article

> Resurrection Health Care in Chicago and Provena Health in Mokena today announced the two will merge to form Illinois's largest Catholic-owned healthcare system, reports the Chicago Tribune. The combined system would have a nearly $3 billion operating revenue. Article

> The University Medical Center of Southern Nevada named former U.S. Navy Admiral Brian Brannman as its new CEO. He will oversee a hospital that takes up 5.7 percent of the country's $1.2 billion 2011 budget, reports the Las Vegas Sun. Article

> The Centers for Medicare & Medicaid Services (CMS) on Friday proposed policy and payment changes for outpatient care in hospitals and ambulatory surgical centers, starting on Jan. 1, 2012. The proposed rule would strengthen value-based purchasing and would establish quality reporting for the first time for ambulatory surgical centers, according to CMS. Press release

And Finally... Who would leave a million dollars in a checking account and then forget about it? Article