Author's posts
Mercy Iowa City auction postponed
The auction for the bankrupt Mercy Iowa City hospital was postponed late Oct. 4 after a day of legal negotiations behind closed doors, according to a report from The Gazette.
New York City grapples to rein in rising tuberculosis cases
New York City has already confirmed about 500 cases of active tuberculosis this year, and understaffed clinics have led to long waits for diagnosis and treatment, Politico reported Oct. 4.
Novant Health lays off 160, including managers
Winston-Salem, N.C.-based Novant Health has laid off 160 of its 36,000 employees as part of an “organizational redesign plan.”
Los Angeles County eyeing $2B medical debt relief plan
A June report from the Los Angeles County Department of Public Health found that county residents had more than $2.6 billion in outstanding medical debt as of 2021. Now county officials are considering a plan that could forgive more than $2 billion in …
Shuttered North Carolina hospital to close clinics
Six clinics run by shuttered Martin General Hospital are set to close, NBC affiliate WITN reported Oct. 5.
Sutter Health, Press Ganey partner on experience improvement
Sacramento-based Sutter Health has partnered with Press Ganey to leverage the company’s Human Experience platform and pinpoint where to focus improvement efforts for patients and staff.
Rite Aid at risk of NYSE delisting
The New York Stock Exchange has notified Rite Aid that it is no longer in compliance with minimum listing requirements.
Baystate Health sells lab assets
Springfield, Mass.-based Baystate Health sold its laboratory assets for an undisclosed amount to Labcorp.
Internal hardware server causes outage at Cleveland Clinic Mercy
Canton, Ohio-based Cleveland Clinic Mercy Hospital is dealing with an “internal hardware failure” that caused a “partial phone service outage,” The Repository reported Oct. 4.
Medtech market stabilizing after headwinds, SVB says
The 2023 health technology market is stabilizing after a down year in 2022, as health technology stock trading and merger activity is on the rise in the first two quarters of the year.
