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Radnor Township, Pa.-based Main Line Health is anticipating its second consecutive $100 million annual loss as Philadelphia-area hospitals and health…
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Radnor Township, Pa.-based Main Line Health is anticipating its second consecutive $100 million annual loss as Philadelphia-area hospitals and health systems continue to face economic struggles, The Philadelphia Inquirer reported Dec. 12.
The Medicare Payment Advisory Commission is continuing to urge Congress to up Medicare payments for 2024, including an additional $2 billion for safety-net hospitals, the American Hospital Association said Dec. 9.
While rural CFOs acknowledge that telehealth has some financial advantages, they do not believe that it has improved their hospitals' financial situations, according to a Dec. 5 report published in The American Journal of Managed Care.
Several hospitals and health systems are trimming their workforces or jobs due to financial and operational challenges.
Wayne T. Smith, who is retiring as executive chair of Franklin, Tenn.-based Community Health Systems, is to receive a $265,000 stipend on top of a regular compensation package in his new role as nonexecutive chair, the company said in a…
In 2022, 40 donors collectively gifted, pledged or bequeathed more than $1.7 billion dollars to hospitals and health systems in the U.S. to further causes ranging from precision oncology to addressing health inequities.
Provider groups and congressional allies are lobbying vigorously to prevent a wave of Medicare payment cuts in the face of inflationary price hikes, The Washington Post reported Dec. 9.
Arizona voters in November overwhelmingly passed a measure designed to reduce interest rates on medical debt, but a judge has temporarily halted the measure from taking full effect, the Arizona Republic reported Dec. 8.
University Hospitals' Richmond Heights (Ohio) Medical Center will close its behavioral health unit, the last unit in operation at the hospital, on Dec. 17, according to cleveland.com.
Livonia, Mich.-based Trinity Health, one of the largest nonprofit hospital groups in the country, is issuing $50 million of new bonds both to finance new projects and to help refinance existing ones.