After requesting $60.2 million, Nashville (Tenn.) General Hospital received $57.8 million from the city for the fiscal year 2024, the Nashville Post reported May 16
Capital
Marlton, N.J.-based Virtua Health has put up for sale a 110-acre site that it had previously planned as a $1 billion hospital location, the Philadelphia Business Journal reported May 14.
New York City-based Mount Sinai Health System is adding a concierge care facility to its growing roster of Floridian facilities.
Fifth Third Bancorp closed its acquisition of healthcare RCM company Big Data.
Building a new tower can be a capital-intensive undertaking for a hospital.
Port Jefferson, N.Y.-based Mather Hospital broke ground on a new $52 million, 26,000-square-foot emergency room, greaterlongisland.com reported May 11.
University of Iowa's medical school received a renewed grant from the National Institutes of Health to bring research and discoveries to rural communities, according to a May 10 report in The Gazette.
Adventist Health settled with Pacific Gas and Electric Company's Fire Victim Trust for $200 million for the loss of its Feather River Hospital in Paradise, Calif., during the 2018 Camp Fire, The Press Democrat reported May 10.
Gaithersburg, Md.-based Adventist HealthCare announced plans to build a new $180 million medical tower at Rockville, Md.-based Shady Grove Medical Center, the Washington Business Journal reported May 10.
Pensacola, Fla.-based Baptist Health Care will complete its new flagship hospital project in mid to late September, according to CFO Andy Terry.