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More in Financial Management

New Jersey has provided $2 million in partial funding to help Jersey City, N.J.-based Hudson Regional Health’s Heights University Hospital, also in Jersey City, maintain operations over the next two weeks amid financial challenges. However, the hospital warned state officials…

Struggling Lone Pine, Calif.-based Southern Inyo Healthcare District has seen significant financial improvements since Becker’s connected with its CEO Kevin Flanigan, MD, in late September. “It’s a focus on a philosophy that it’s the system that’s delivering the results,” he…

The California Hospital Association has filed a lawsuit against the state’s Office of Health Care Affordability, alleging the agency’s cost-control measures violate state law and threaten access to care. The 99-page lawsuit, filed Oct. 16, accuses OHCA of exceeding its…

Aspirus Health will transition the surgical services program at Aspirus Iron River Hospital in Michigan to a day-only schedule, effective Oct. 26, the health system confirmed in a statement shared with Becker’s. The Wausau, Wis.-based health system said the change…

Philadelphia-based Jefferson Health plans to lay off around 1% of its 65,000-person workforce, or approximately 650 employees, a spokesperson for the system confirmed to Becker’s.  The spokesperson did not detail which roles would be impacted.  Joseph Cacchione, MD, CEO of…

Medicare Advantage provides health coverage to more than half of the nation's older adults, but some hospitals and health systems are opting to end or not renew contracts with some MA plans over administrative challenges.

CMS has clarified that only select Medicare claims will be held amid the ongoing federal government shutdown, walking back an earlier notice that suggested a broader payment pause. “In light of the continuing government shutdown, CMS will continue to process…

A federal judge in California granted a temporary restraining order halting the Trump administration from laying off federal workers during the government shutdown, NBC News reported Oct. 15.   The lawsuit was filed by two unions representing government employees on Sept.…

Renton, Wash.-based Providence plans to permanently close four occupational medicine and workplace health services clinics in Portland, Ore., on Nov. 7, affecting 43 employees. In an internal message sent to staff that was obtained by Becker’s, Ben LeBlanc, MD, chief…

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