Former Erlanger CEO leaves Pennsylvania hospital and more business news

Staff photo by C.B. Schmelter / CEO Kevin Spiegel makes his way into a meeting room at Erlanger on Thursday, Aug. 29, 2019 in Chattanooga, Tenn.

Former Erlanger CEO leaves Pennsylvania hospital

Former Erlanger Health System President Kevin Spiegel has changed jobs again after temporarily heading Crozer Health in Springfield, Pennsylvania, for five months.

Spiegel, who headed Chattanooga's biggest hospital for six-and-a-half years before resigning as Erlanger CEO in 2019, is now an executive at Los Angeles-based Prospect Medical Holdings, which owns Crozer Health. He filled the CEO role at Crozer Health in February while Prospect prepared to sell Crozer. Spiegel has returned to Prospect, which owns and operates 17 hospitals, for special projects.

According to a new report by Challenger, Gray & Christmas released July 20, 62 hospital CEOs across the United States have exited their roles this year, up from 42 during the same period of 2021.

Jobless claims rise to highest in 8 months

The number of Americans applying for unemployment benefits last week rose to its highest level in more than eight months, a sign the labor market may be showing some weakness.

Applications for jobless aid for the week ending July 16 rose by 7,000 to 251,000, up from the previous week's 244,000, the Labor Department reported Thursday. That's the most since Nov. 13, 2021, when 265,000 Americans applied for benefits. First-time applications generally reflect layoffs. Analysts surveyed by the data firm FactSet expected the number to come in at 242,000.

CVS seeks verification against abortion drugs

CVS Health is asking pharmacists in some states to verify that a few of the prescriptions they provide will not be used end a pregnancy.

A spokesman said Thursday that the drugstore chain recently started doing this for methotrexate and misoprostol, two drugs used in medication abortions but also to treat other conditions. Spokesman Mike DeAngelis said the policy started the first week in July in Alabama, Arkansas, Idaho, Oklahoma and Texas.

The request from the drugstore chain based in Woonsocket, Rhode Island, comes after the U.S. Supreme Court last month overturned Roe v. Wade, the 1973 decision that had provided a constitutional right to abortion.

YouTube removes videos with abortion falsehoods

YouTube will begin removing misleading videos about abortion in response to falsehoods being spread about the procedure that is being banned or restricted across a broad swath of the U.S.

The move announced Thursday by the Google-owned video site comes about a month after the U.S. Supreme Court overturned Roe v. Wade.

YouTube said its crackdown will expunge content promoting unsafe at-home abortions, as well as misinformation about the safety of undergoing the procedure in clinics located in states where it remains legal.

American Airlines earns $476 million

American Airlines reported a $476 million profit for the second quarter as summer travelers pack planes. It was American's first profit without government pandemic aid in the COVID-19 era.

American said Thursday that it achieved record revenue of more than $13 billion in the second quarter. CEO Robert Isom says he's encouraged by trends in the business, and the airline predicts it'll remain profitable in the third quarter.

- Compiled by Dave Flessner