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Borrego Health officials, California regulators and creditors have agreed to non-binding mediation in the federally qualified health center's bankruptcy case,…
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Borrego Health officials, California regulators and creditors have agreed to non-binding mediation in the federally qualified health center's bankruptcy case, the San Diego Union-Tribune reported Nov. 11.
Members of the board of directors at Maryville, Tenn.-based Blount Memorial Hospital have been asked to resign amid allegations of financial mismanagement and doubts about the selection process of a new CEO, Becker's has learned.
The Carlyle Group, a Washington, D.C-based buyout company, is putting together a consortium of private equity buyers to acquire California's Heritage Provider Network in a deal that could be worth up to $10 billion, according to a Nov. 15 Reuters…
Nearly all 111 of Mississippi's hospitals are facing financial difficulties in multiple areas, but the state's senators might not be committed to proposed solutions, Mississippi Today reported Nov. 21.
Kirkland, Wash.-based EvergreenHealth's board of directors voted 4-3 to count COVID-19 aid as revenue, which triggered an average bonus of $9,200 for the system's 206 managers, Crosscut reported Nov. 22.
The Northampton County, Pa., city council is split on a proposal that would build a health center for county employees run by Hamilton, N.J.-based Integrity Health, WFMZ reported Nov. 21.
St. Louis-based SSM Health, which operates 23 hospitals and over 300 physician locations across four states, has revealed losses totaling over $484 million for the nine months ending Sept. 30. That figure compares with a net income of $447.5 million…
The Centurion Foundation, an Atlanta-based nonprofit organization, has inked an asset purchase agreement to acquire the CharterCare Health Partners system from Los Angeles-based Prospect Medical Holdings.
Becker's has reported on 16 healthcare organizations that have decided to outsource finance jobs or other revenue cycle functions since Jan. 1:
Consolidation continues across the healthcare industry with many hospitals and health systems looking to complete planned acquisitions or sales by the end of 2022 or early 2023.