Shares of Opko Health Inc. (NASDAQ:OPK) ended Thursday session in green amid volatile trading. The shares closed up +0.03 points or 0.29% at $10.22 with 3.79 million shares getting traded. Post opening the session at $10.20, the shares hit an intraday low of $10.11 and an intraday high of $10.31 and the price vacillated in this range throughout the day. The company has a market cap of $5.71 billion and the numbers of outstanding shares have been calculated to be 550.38 million shares.
Opko Health Inc. (OPK) on September 13, 2016 announced the appointment of Jane Pine Wood, Esq. as Chief Legal and Compliance Officer of its wholly owned subsidiary, BioReference Laboratories, effective October 1, 2016.
Ms. Wood is a nationally respected healthcare attorney who has been practicing law for 29 years. She specializes in laboratory regulatory and compliance matters, and has counseled more than 500 pathology groups and 350 clinical laboratories. For the past 28 years she has been with the multi-state law firm McDonald Hopkins LLC, where she is a member of the firm’s board of directors. Ms. Wood is a frequent speaker at national and state laboratory and pathology meetings, is a contributor to association publications and is regularly quoted in the national press. Ms. Wood graduated from the Vanderbilt University School of Law.
“We are delighted to welcome Jane to the BioReference Laboratories team. She has a distinguished legal career, having counseled a multitude of pathology practices and clinical laboratories across the country; she is considered one of the leading legal experts in the field. Her diverse experience and insight on matters impacting the diagnostics and laboratory industries will be of great value as we continue to deliver high quality diagnostic services to improve patient care,” said Gregory S. Henderson, M.D., Ph.D., President of BioReference Laboratories.
Shares of Community Health Systems (NYSE:CYH) ended Thursday session in red amid volatile trading. The shares closed down -0.10 points or -0.93% at $10.62 with 3.77 million shares getting traded. Post opening the session at $10.70, the shares hit an intraday low of $10.42 and an intraday high of $10.83 and the price vacillated in this range throughout the day. The company has a market cap of $1.16 billion and the numbers of outstanding shares have been calculated to be 113.64 million shares.
Community Health Systems (CYH) on August 10, 2016 announced that Tim L. Hingtgen will be promoted to President and Chief Operating Officer, effective September 1, 2016.
Commenting on Hingtgen’s promotion, Wayne T. Smith, chairman and chief executive officer of Community Health Systems, Inc., said, “Tim is an extremely effective, results-driven healthcare executive and an experienced operator who has provided outstanding leadership for some of our most successful markets. Tim is meticulous about setting operating standards and has a track record of executing strategies that support clinical excellence, business development and growth. In his new role, I’m confident Tim will lead Community Health Systems forward as we work to achieve higher levels of performance across our organization.”
Hingtgen will succeed David L. Miller, who previously announced his plans to retire from the Company at the end of the year. Hingtgen and Miller work closely together and will ensure a smooth transition of leadership. Miller will complete his twenty-year tenure with Community Health Systems by serving as special advisor to the Chairman of the Board and Chief Executive Officer.
Hingtgen, age 48, joined Community Health Systems in 2008 as a Vice President of Operations. In January 2014, he was promoted to President of Division IV Operations, and in May 2016, he was promoted to Executive Vice President of Operations. Prior to joining Community Health Systems, Hingtgen served as a chief operating or chief executive officer of hospital facilities at another for-profit hospital system. He holds a master’s degree in business administration from the University of Nevada-Las Vegas.