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Greener pastures: ProMedica CEO Polizzi sits down .. first TV interview since taking over 2 years ago

Greener pastures: ProMedica CEO Polizzi sits down for first TV interview since taking over 2 years ago


Published on 2024-11-27 17:41:09 - Bill Williamson, WOPRAI
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  • We're still focused on getting back to full health," says Arturo Polizzi, who took charge of ProMedica during a financially turbulent time for the healthcare giant.

ProMedica, a major healthcare provider in Toledo, Ohio, has undergone significant changes under the leadership of CEO Augusto "Augie" Polizzi. Facing financial challenges, the company has shifted its focus from aggressive expansion to stabilizing its core operations. Polizzi has emphasized returning to ProMedica's roots by concentrating on local healthcare services rather than national expansion. This includes selling off non-core assets like the home health and hospice business, and reducing the company's involvement in skilled nursing facilities. Additionally, ProMedica has been working on improving its financial health by cutting costs, which involved laying off 263 employees. Despite these measures, Polizzi remains optimistic about the future, highlighting investments in technology and innovation, such as the expansion of telehealth services and the development of a new health and wellness village in downtown Toledo. The goal is to ensure ProMedica remains a sustainable and community-focused healthcare provider.

Read the Full WTOL Article at [ https://www.wtol.com/article/money/business/promedica-ceo-polizzi-past-future-healthcare-company-financial-situation/512-ae4d7a38-76f8-4e36-ae4f-dfb47ba08c4b ]
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