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Historically, hospitals and health systems have rarely pointed to federal policy shifts as a factor in decisions around closures, layoffs…
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Historically, hospitals and health systems have rarely pointed to federal policy shifts as a factor in decisions around closures, layoffs or service reductions. That is starting to shift, with healthcare leaders increasingly linking difficult business decisions to federal funding cuts.…
Secaucus, N.J.-based Hudson Regional Health will suspend non-essential services at Heights University Hospital in Jersey City, N.J. should the state and other government entities not provide it “substantial financial support,” according to a Sept. 26 news release shared with Becker’s. …
Delta (Colo.) Health discontinued its obstetrics services Sept. 17 and partnered with Montrose (Colo.) Regional Health’s Alpine Women’s Centre and its Family Center to ensure its OB patients have a smooth care transition, according to a system Facebook post. Delta…
Rootstown, Ohio-based Northeast Ohio Medical University has earned a credit upgrade from Moody’s Investors Service, moving from “Baa1 to “A3”. The upgrade, announced in NEOMED’s latest credit report, reflects the university’s strengthened financial reserves, improved operating revenue and disciplined management…
Platte County Hospital in Wheatland, Wyo., part of Phoenix-based Banner Health, will pause inpatient labor and delivery services, effective Oct. 15. The hospital said in a Sept. 15 announcement that the pause will affect labor and delivery, well-newborn inpatient care…
Orlando (Fla.) Health is working with the city of Rockledge, Fla., to demolish Rockledge Hospital, which closed April 22, along with other “outparcels on the medical campus,” a spokesperson for the health system confirmed with Becker’s. “We hope to begin…
The Riverside County (Calif.) Local Agency Formation Committee voted to begin the dissolution of the Palo Verde Healthcare District and seek state support to restore services at Palo Verde Hospital in Blythe, Calif., amid ongoing challenges. The committee also considered…
Mercy Health-St. Elizabeth Youngstown (Ohio) Hospital is at risk of losing Medicare funding after CMS on Sept. 3 found the hospital — a Level I trauma center and primary stroke center — to be out of compliance with the program’s…
When Kevin Flanigan, MD, began his new role as CEO of Lone Pine, Calif.-based Southern Inyo Healthcare District on Aug. 18, the hospital had just eight days of cash on hand. As of Sept. 25, cash on hand for the…
The White House has directed federal agencies to prepare mass layoff plans ahead of a potential government shutdown, as Congress faces a Sept. 30 deadline to pass a funding bill, according to Politico. A Sept. 23 memo from the Office…