Week in review: 7 biggest stories in healthcare this week

Stay in the know with Becker's Hospital Review's weekly roundup of the nation's biggest healthcare news. Here's what you need to know this week.

1. CHI's operating loss swells to $153.9M in Q2
Catholic Health Initiatives, a nonprofit 103-hospital system based in Englewood, Colo., saw revenue increase in the second quarter of fiscal year 2017 but ended the period with an operating loss, according to recently released bondholder documents.

2. Bermuda government accuses Lahey of bribing island's former leader
Bermuda filed a federal lawsuit against Boston-based Lahey Hospital & Medical Center accusing the hospital group of bribing the island's former leader in exchange for preferential treatment in winning government healthcare contracts.

3. Allina Health's nursing strike costs reached $149M in 2016
Minneapolis-based Allina Health saw revenues increase in 2016, but the 13-hospital system's operating income plummeted in the 12 months that ended Dec. 31.

4. CHI St. Luke's closes facilities, cuts 89 jobs
Houston-based CHI St. Luke's Health closed two emergency centers Feb. 10, affecting 89 jobs.

5. House conservatives push for standalone ACA repeal
Several dozen House conservatives are drumming up support to ditch the "repeal-plus" plan for the ACA and move ahead with a repeal bill, sans replacement.

6. Ex-hospital administrator faces up to 70 years in prison for role in kickback scheme
A federal jury found a former administrator of Shreveport, La.-based Physicians Behavioral Hospital — a 24-bed facility that offers psychiatric and chemical dependency treatment — guilty Thursday of 14 counts of paying illegal kickbacks.

7. Founding family of Cleveland Clinic denounces health system's Mar-a-Lago fundraiser
The Crile family — of Cleveland Clinic Co-founder George Washington Crile, MD — spoke out against the health system's plan to host a fundraiser at President Donald Trump's Mar-a-Lago Club in Florida.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>