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Peter Banko

Chad Aduddell
Health Care

Chad Aduddell Named Interim CEO at CHI St. Vincent

Aduddell will oversee CHI St. Vincent in Little Rock and all of Catholic Health Initiatives' organizations and operations in Arkansas. read more >
Peter Banko
Health Care

CHI St. Vincent, Conway Regional Close to Forming Alliance

CHI St. Vincent in Little Rock and Conway Regional Health System should have an alliance in place by the end of February. read more >
Peter Banko
Health Care

Peter Banko: Alliance Talks Continue With Arkansas Hospitals

Peter Banko, CEO of CHI St. Vincent in Little Rock, promoted last week by parent company Catholic Health Initiatives, he is still moving forward with affiliation talks with other Arkansas hospitals. read more >
A 44,000-SF medical office building is being built at CHI St. Vincent West.
Business Services / Construction / Health Care

CHI St. Vincent to Expand WLR Campus

The facility will be located next to CHI St. Vincent's outpatient, ambulatory care facility on the 37-acre campus. Building completion is scheduled for summer 2015. Current services at CHI St. Vincent West include primary care, urgent care, geriatric and sleep services. read more >
Peter Banko

Peter Banko to Oversee Multiple CHI Hospitals

Peter Banko, CEO of CHI St. Vincent in Little Rock since 2007, has been promoted by parent company Catholic Health Initiatives to oversee the hospitals in its east/southeast division. read more >
Health Care / Insurance

CHI St. Vincent, Cornerstone Hospital Finalizing Agreement for Long-Term Acute Care

CHI St. Vincent and Cornerstone Hospital of North Little Rock, operated by Cornerstone Healthcare Group of Dallas, Texas, are working out the final details of an agreement that will create 75 jobs and an expanded role for CHG at two CHI St. Vincent locations in central Arkansas. read more >
2. In April, Capella Healthcare of Franklin, Tenn., announced plans to buy Mercy Hot Springs, formerly St. Joseph’s Mercy Health System. 
Health Care

CHI St. Vincent Lays Off 91 in Arkansas

Catholic Health Initiatives of Englewood, Colo., and its affiliate, St. Vincent Health System in Little Rock, says it will lay off 91 employees from its operations in Arkansas. Seventy-four employees will be laid off from its hospital in Hot Springs, 14 total in its hospitals in Little Rock and North Little Rock and three from its Morrilton location, Peter Banko, president and CEO, told Arkansas Business Thursday afternoon. read more >
Conway Regional Health System's east entrance.
Health Care

Conway Regional Will Explore ‘Affiliation’ with St. Vincent

The Conway Regional Health System Board of Directors says it plans to enter into "exclusive strategic affiliation discussions" with St. Vincent Health System of Little Rock, an affiliate of Catholic Health Initiatives. read more >
St. Vincent Health System CEO Peter Banko.  (Photo by Jason Burt)
Business Services / Health Care / Insurance

Central Arkansas Medical Centers Collaborate, Compete in Tight Health Care Market

Hospitals in central Arkansas must collaborate to survive, according to St. Vincent Health System President and CEO Peter Banko, who says he doesn’t think Little Rock can support three hospitals. read more >
2. In April, Capella Healthcare of Franklin, Tenn., announced plans to buy Mercy Hot Springs, formerly St. Joseph’s Mercy Health System. 
Health Care

St. Vincent Completes Purchase of Mercy Hot Springs Hospital

Catholic Health Initiatives of Englewood, Colo., and its affiliate, St. Vincent Health System in Little Rock, say they have completed their purchase of Mercy Hot Springs' hospital and physician clinic. read more >
Agriculture & Poultry / Business Services / Construction

34 on List of Largest Hospitals Report Losing Money

On the annual checkup of hospitals, 34 out of the 88 hospitals on this year’s list — 38 percent — reported losing money, which is slightly higher than last year’s list, which showed 35 percent of the hospitals losing money. read more >
Health Care / Nonprofits

St. Vincent, Mercy Health Hot Springs Could Find Common Covenant

St. Vincent Health System of Little Rock may now have Mercy Health Hot Springs in its sights. read more >
Agriculture & Poultry / Health Care

Kudos: St. Vincent Recognized for Nursing Leadership

St. Vincent Infirmary in Little Rock has received the American Nurses Credentialing Centers’ Magnet Recognition designation for its nursing leadership, clinical practice, innovations and patient outcomes. read more >
Health Care / Insurance

St. Vincent Receives Honor for Nurses

t. Vincent Infirmary in Little Rock on Thursday received the American Nurses Credentialing Centers' Magnet Recognition designation for its nursing leadership, clinical practice, innovations and patient outcomes. read more >
Construction / Health Care

St. Vincent Opens State’s First Hybrid Operating Room For Cardio Procedures

The facility, part of SVI's Jack Stephens Heart Institute, can be used as a cath lab and a cardiovascular surgery suite. The new OR is part of an on-going $36 million expansion. read more >
Health Care / Real Estate

St. Vincent Cuts Ties With Sherwood Medical Director, Seeks VP for Hospitals

St. Vincent Health System of Little Rock has cut ties with its St. Vincent North medical director, Dr. Jock Cobb, and is now seeking a full-time vice president of medical affairs to oversee its hospitals in Little Rock, Sherwood and Morrilton. read more >
St. Vincent Health System CEO Peter Banko said cuts to Medicare and Medicaid could force hospitals to consolidate in order to survive. 
Health Care / Insurance

Arkansas Hospitals Fear Looming Cuts to Medicaid

Adding to the mix of bad news, Arkansas hospitals could lose $403 million in total Medicare payments for seniors over the next 10 years if the Budget Control Act of 2011 goes into place on Jan. 1. read more >
Peter Banko, CEO of St. Vincent Health System.
Health Care

St. Vincent Cuts 50 Positions As It Trims $12M From Budget

St. Vincent Health System laid off 29 employees last week and another 21 positions have been eliminated through attrition in an attempt to cut $12 million from its budget. St. Vincent CEO Peter Banko says the cuts won't affect partnership talks with the University of Arkansas for Medical Sciences. read more >
Government & Politics / Health Care / Insurance

The Poor Are Different From You and I (Gwen Moritz Editor’s Note)

Like it or not, health care reform isn't going away. Arkansas should make the most of it. read more >
Peter D. BankoPresident and CEO, St. Vincent Health System

Blueprint For Future Should Be Found In Efforts Of Past

Taking a journey back in time for the moment, for just about every one of the last seven decades, the health care industry (insurers, hospitals, and physicians) has experienced a radical change, shift, and/or transformation in the way work and business needs to be conducted. read more >