A bankruptcy judge will soon decide whether a Central Valley hospital needs to liquidate to repay its creditors. Its largest creditor, St. Agnes Medical Center, is the very entity that backed out of purchasing the Madera Community Hospital last December.
Category: Hospitals
Will a ‘National Patient Safety Board,’ Modeled After the NTSB, Actually Fly?
A push is underway to create a National Patient Safety Board modeled after the National Transportation Safety Board, an independent federal agency that investigates plane crashes and other transportation disasters. But unlike the NTSB, some patient safety advocates say, the current proposal is toothless and wouldn’t provide transparency about the nation’s hospitals.
California Hospitals Seek a Broad Bailout, but They Don’t All Need It
As hospitals squeeze Democratic leaders in Sacramento for more money, health care finance experts and former state officials warn against falling for the industry’s fear tactics. They point to healthy profits and a recession-era financing scheme that allows rich hospitals to take tax money from poorer ones.