The site of a former state hospital in Allentown, Pa., has been sold to Developer City Center for $5.5 million, WFMZ reported Jan. 11.
Capital
Charitable group Spark of Hudson donated $1.2 million to Hudson, N.Y.-based Columbia Memorial Health to forgive the medical debt held by 1,156 patients, the Times Union reported Jan. 12.
A former hospital building in Norristown, Pa., has been sold for $22.5 million, the Philadelphia Business Journal reported Jan. 11.
Rochester, N.Y.-based Strong Memorial Hospital is undergoing a $640 million expansion that will add more than 650,000 square feet of hospital space, ABC affiliate WHAM reported Jan. 11.
The New York City-based nonprofit RIP Medical Debt has grabbed headlines through its ability to buy back medical debt and cancel it.
Naples, Fla.-based NCH Healthcare System has received a $5 million match grant from Barbara and Steve Slaggie to support the construction of a new Margo Urgent Care clinic.
Investment banker Morgan Stanley has purchased a Californian $68 million office building anchored by medical offices just 3 miles from two of Stanford Medicine's main hospital locations.
Rochester, N.Y.-based Strong Memorial Hospital has begun construction on a project that will nearly triple the size of its emergency department with the addition of a nine-story tower, rochesterfirst.com reported Jan. 10.
Easton, Md.-based University of Maryland Shore Regional Health has filed for a certificate of need to build a new 142-bed hospital in Easton, The Daily Record reported Jan. 9.
A Zelis survey of 800 patients who had at least one medical billing error in the last five years found that only 30 percent felt "extremely confident" in their ability to identify a billing error.