Hospitals bankruptcy filings dropped to five in 2024 from 12 in 2023, though Dallas-based Steward Health Care System’s 31-hospital bankruptcy was the largest in three decades, according to Gibbins Advisors, a healthcare restructuring advisory firm.
Hospitals bankruptcy filings dropped to five in 2024 from 12 in 2023, though Dallas-based Steward Health Care System’s 31-hospital bankruptcy was the largest in three decades, according to Gibbins Advisors, a healthcare restructuring advisory firm.
Indianapolis-based Indiana University Health has signed a 15-year, $7 million naming rights agreement with a local suburb, the Indianapolis Star reported.
Amid ongoing financial challenges, workforce shortages and declining birth rates, many hospitals and health systems are being forced to close maternity services in 2025.
Clifton-Fine Hospital in Star Lake, N.Y., has converted to rural emergency hospital designation, which CMS established to address concerns over rural hospital closures and provide rural facilities a potential alternative to closure.
As pharmaceutical companies push back against the 340B Drug Pricing Program, several states, including Utah, Colorado, Arkansas, Maine and Nebraska, are introducing legislation to protect the program and ensure continued access to discounted medication…