Johanna Still on Muck Rack

Johanna Still

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North Carolina, Wilmington
As seen in: The Assembly, Yahoo Life, Slate, Flipboard, EIN News, Indy Week, WECT-TV (Wilmington, NC), Port City Daily, WHQR-FM (Wilmington, NC), WilmingtonBiz, Lumina News and
mom x3 covering health care for @theassemblync johanna@theassemblync.com signal: jstill.01

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Articles

Former Partners Accuse Embattled Hospital Owner of Siphoning Revenue For Personal Gain

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By Johanna Still Verified
| The Assembly Verified
A $109,751 transfer with the memo line “baptism” wired to a luxurious Beverly Hills hotel. A lease payment to a BMW dealership for a Rolls-Royce, a car that starts at about $370,000. Millions squirreled away to a family trust fund. These are among the financial transfers California-based hospital executive Mike Sarian allegedly made from corporate accounts to fund unauthorized personal expenses, his former business partners assert in recent court filings.
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Community Leaders Ignored Red Flags and Gave a CEO Millions to Buy Their Hospital. Now He’s Ghosting Them

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By Johanna Still Verified
| The Assembly Verified
At California-based Prime Healthcare, Mike Sarian was in charge of scouting nationwide for hospitals in or near bankruptcy to buy and revive. When he started in 2012, he oversaw 12 hospitals. By the time he left in 2020, his portfolio had grown to 46. He started his own company, American Healthcare Systems, and set out to replicate the Prime playbook. Sarian’s first move was buying Asheboro’s only hospital, Randolph Health, which was bankrupt.
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UNC Offered WakeMed $5 Billion, More Than Double Atrium’s Bid

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By Johanna Still Verified
| The Assembly Verified
UNC Health offered to invest $5 billion in WakeMed as part of a proposed merger, according to documents about the unsolicited proposal The Assembly has obtained. That’s $3 billion more than Atrium Health offered. But it was not enough to sway WakeMed’s board of directors, which quickly (albeit politely) declined UNC’s proposal.
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