August 21, 2014 3:15 AM ET

Healthcare Providers and Services

Company Overview of Methodist Le Bonheur Healthcare, Inc.

Company Overview

Methodist Le Bonheur Healthcare, Inc. operates as a not-for-profit healthcare system that provides healthcare services to patients and families in the United States. It offers adult clinical programs, centers, and services to treat brain tumors, skull base tumors, spinal disorders, stroke, and trigeminal neuralgia; bronchial thermoplasty treatment for asthma; diabetes education and counseling; cancer treatment and support; emergency medicine; employee assistance programs; acute and transitional care; and eye care services. The company also provides services for hysterectomy, pelvic pain, and gynecologic conditions; heart and vascular health; online home medical equipment; hospice and palliat...

1211 Union Avenue

Suite 700

Memphis, TN 38104

United States

Founded in 1918

Phone:

901-516-0791

Fax:

901-516-0544

Key Executives for Methodist Le Bonheur Healthcare, Inc.

Chief Executive Officer
Age: 63
President and Chief Operating Officer
Chief Executive Officer of Methodist Le Bonheur Germantown Hospital
Chief Executive Officer of Health Choice
Chief Executive Officer of Methodist Olive Branch Hospital
Compensation as of Fiscal Year 2014.

Methodist Le Bonheur Healthcare, Inc. Key Developments

Methodist Le Bonheur Healthcare Cuts 75 Positions

In an email to the Memphis healthcare system's employees, CEO Gary Shorb announced Methodist Le Bonheur Healthcare was cutting 75 positions.

Kennedy Hodges LLP Files Overtime Claim against Methodist Healthcare System for Alleged Wage Violations

Kennedy Hodges, LLP -- Houston-based employment law firm brings collective action lawsuit [3:14-cv-00160; Joy Corcione v. Methodist Hospital; United States District Court; Southern District of Texas, Galveston Division] against the Methodist Hospital system on behalf of plaintiff Joy Corcione and all other similarly situated nurses for alleged overtime wage violations under the Fair Labor Standards Act (FLSA). The claim, brought against seven Houston area Methodist Hospitals and the Methodist Healthcare System contends that the Methodist Hospital has failed to properly compensate non-exempt employees. Court documents allege that Methodist automatically deducted 30 minutes for a meal break its employees' paychecks regardless of whether they take a break or are completely relieved of their job responsibilities. The Plaintiff alleges that based on the law, the employee must be completely relieved of all duties for wages to be deducted for a meal break. However, the Plaintiff contends that it is virtually impossible to take a completely uninterrupted meal break as nurses are frequently interrupted to answer questions by patients and their families, assisting doctors, taking calls from other departments, and taking calls on their hospital-issued phones.

Methodist Healthcare, Inc. Names Michael Ugwueke as Chief Operating Officer, Effective from January, 2013

Methodist Healthcare, Inc. has chosen Michael Ugwueke as chief operating officer. Ugwueke is presently senior vice president of Methodist North and South Hospitals. He will begin to transition into the new role - which also includes the executive vice president position - in January 2013. Ugwueke's new position was last held by Peggy Troy, who vacated the post in January 2009 to pursue an opportunity as president and chief executive officer of Children's Hospital and Health System in Milwaukee, Wisc.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 27, 2014
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