Los Angeles-based Prospect Medical Holdings is working with restructuring advisers while exploring strategies to address its financial challenges, The Wall Street Journal reported Jan. 8.
Category: Featured
Co-CEOs outline vision for merged California system
Following the merger of Rady Children’s Hospital-San Diego and Orange, Calif.-based Children’s Hospital of Orange County to form Rady Children’s Health, the three-hospital system’s co-CEOs, Kimberly Cripe and Patrick Frias, MD, are ready to hit the gro…
Mercy to acquire 10 urgent care facilities: 4 things to know
Mercy Health-Toledo (Ohio) will launch a network of urgent cares through the acquisition of 10 facilities, with new ownership effective April 1.
Massachusetts governor signs healthcare oversight bill into law: 5 things to know
On Jan. 8, Gov. Maura Healey signed a bill into law that will increase scrutiny of healthcare transactions, according to a Jan. 10 report from The National Law Review.
Hospitals, health systems driving ASC growth
Hospitals and health systems have increased their participation in ASC development over the last decade, according to L.E.K. Consulting’s “2024 ASC Insights Study.”
CON laws reshape ASC markets
Certificate-of-need laws, which regulate the development of healthcare facilities, continue to shape the development of ASCs differently in each state, according to L.E.K. Consulting’s “2024 ASC Insights Study.”
State-by-state breakdown of new hospitals in 2024
Hospital developments picked up steam in 2024, with significant investments in acute care facilities. From billion-dollar flagship projects to rural community hospitals, health systems are expanding to meet evolving patient needs.
Advocates explore unique ways to raise colon cancer awareness
As colorectal cancer rates continue to rise nationwide, even among young patients, surgeons, celebrities and advocacy groups alike are going to new lengths to encourage people to get screened.
Virginia medical office building sells for $9.2M
A medical office building in Chantilly, Va., has sold for $9.2 million, according to a Jan. 10 report from REBusiness Online.
Public health emergency declared over LA wildfires: 5 updates
HHS Secretary Xavier Becerra has declared the ongoing wildfires in Los Angeles County a public health emergency.
