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More in Financial Management

New York City-based Mount Sinai Hospital has had various debt obligations affirmed as an "A" rating amid stable operating performance and because of its dominant position within its wider health system, Fitch Ratings said Nov. 16.

Philadelphia-based Temple University Health System, which operates four major hospitals in the city, reported an overall net quarterly loss of $64.2 million as it dealt with lower patient revenues, higher expenses and loss on investment income.

Vancouver, Wash.-based PeaceHealth reported an increased quarterly loss totaling $82.2 million as expenses rose and investment returns dwindled. That figure, which covers the three months leading up to Sept. 30, marks another sharp downturn for the company following a $56.2…

West Reading, Pa.-based Tower Health on Nov. 16 laid off 52 corporate employees as the health system shrinks from six hospitals to four, according to The Philadelphia Inquirer.

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