ApolloMD, a clinical services provider for hospitals and health systems, and Cascade365, an accounts receivable company for healthcare, partnered up to work with RIP Medical Debt to eliminate more than $350 million of medical debt.
Capital
While many rural facilities face an uncertain future, one Oklahoma hospital is expanding its services following its acquisition by a California cardiologist and a more than $5 million renovation, the Pawhuska Journal-Capital reported Dec. 27.
Clinton, Mo.-based Golden Valley Memorial Healthcare broke ground on a new radiation and oncology facility near its main Clinton campus.
Becker's has reported on three hospitals or health systems experiencing infrastructure issues with its construction since Nov. 15:
Some hospital building projects are being put on hold amid inflationary pressures as potential final costs threaten to exceed original budget plans.
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Becker's has reported on more than 100 hospital and health system projects worth $100 million or more in 2022, including 20 with a $1 billion price tag or higher.
Sixteen Democratic state legislators have signed a letter opposing Tewksbury, Mass.-based Covenant Health's planned acquisition of Putnam, Conn.-based Day Kimball Hospital based on concerns that the Catholic health system could limit reproductive and other types of care, The Connecticut Mirror…
Monmouth Medical Center, part of RWJBarnabas Health, has paid about $8 million to acquire a Trinton Falls, N.J., property from the Fort Monmouth Economic Revitalization Authority after more than four years of negotiations, the Asbury Park Press reported Dec. 20.
San Francisco-based Dignity Health and Lifepoint Rehabilitation, a business unit of Brentwood, Tenn.-based Lifepoint Health, are opening Dignity East Valley Rehabilitation Hospital, a 40-bed rehabilitation hospital in Gilbert, Ariz.
A "settling issue" during the construction of the parking garage on the $800 million Paramus, N.J.-based Valley Hospital project will not delay the opening, northjersey.com reported Dec. 21.