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More in Financial Management

Springfield, Pa.-based Crozer Health will halt all services at Delaware County Memorial Hospital within 60 days and transition the hospital to an inpatient behavioral health center by spring 2023, according to The Philadelphia Inquirer.

Hospitals across the country continue to face unprecedented financial challenges, and Lifespan CFO David Kirshner warns that the result has left the Rhode Island healthcare system in crisis, according to a Sept. 15 news release shared with Becker's.

The jobs of young professionals in several white-collar industries are particularly vulnerable as companies scale back hiring plans, pull job listings and lay off workers. 

The first year of the pandemic caused a dramatic increase in hospital costs. According to a Sept. 12 analysis from QuoteWizard, hospital expenses per patient have increased by an average of nearly 23 percent since 2016.

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