Community Health Systems posted a net loss of $42 million for the third quarter — down from a net gain of $111 million in the same period last year -– amid high labor costs and as demand for non-COVID-19 care…
Durham, N.C.-based Duke University Health System was downgraded to an "AA-" credit rating amid concern over its planned integration of the Private Diagnostic Clinic, a for-profit medical group with over 1,800 physicians, Fitch Ratings said Dec. 8.
The Hermann (Mo.) Area District Hospital is seeking a "deeper affiliation" with Mercy Health or another provider as it projects to lose $2 million in 2022, The Washington Missourian reported Dec. 8.
Leadville, Colo.-based St. Vincent Health will be able to pay its 155 employees after Lake County Commissioners voted unanimously to cover the costs for December, CBS Colorado reported Dec. 8.
The new Rural Emergency Hospital designation is putting providers between a rock and a hard place, offering an infusion of cash from the federal government that is available only if they eliminate inpatient care, The New York Times reported Dec.…
The CEOs of two safety-net health systems in New York have spoken out about the effects of low Medicaid reimbursement rates. They called upon the state's capital to take action in a Dec. 8 opinion piece for City & State.
The board of directors for Kootenai Health met Dec. 6 to discuss transitioning the hospital district from a government-owned entity to a nonprofit, according to the Coeur d'Alene/Post Falls Press.
ChristianaCare has received a grant from the Pennsylvania Department of Human Services to help reopen Jennersville Hospital, which it acquired from West Reading, Pa.-based Tower Health in July, the Philadelphia Business Journal reported Dec. 7
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