Affiliates of Los Angeles-based Prospect Medical Holdings secured $375 million in new financings from third-party lenders, according to a May 24 news release from Medical Properties Trust.
Category: ROOT
California hospital probes hepatitis C, HIV exposure from pain clinic
Coalinga (Calif.) State Hospital recently informed patients of possible exposure to hepatitis C and HIV through the hospital’s pain clinic, radio station KVPR reported May 25.
From financial emergency to bankruptcy filing: A timeline of Hazel Hawkins' efforts to keep its doors open
San Benito Health Care District, the board overseeing Hollister, Calif.-based Hazel Hawkins Memorial Hospital, voted May 22 to file for Chapter 9 bankruptcy, a move coming a little more than six months after the board declared a fiscal emergency. It’s …
American Healthcare Systems revealed as buyer of ProMedica hospital
For-profit American Healthcare Systems, based in Glendale, Calif., intends to acquire the ProMedica Coldwater (Mich.) Regional Hospital, according to a May 24 news release.
293 hospitals at immediate risk of closure
There are 293 rural hospitals at immediate risk of closure due to inflation, staffing shortages and other financial stress, according to the Center for Healthcare Quality & Payment Reform.
St. Luke's inks $30M deal with GE HealthCare
Bethlehem, Pa.-based St. Luke’s University Health Network signed a $30 million contract to install 21 of GE HealthCare’s CT systems powered by artificial intelligence.
PeaceHealth to shutter RiverBend pediatric cardiology clinic, eliminate 69 jobs
Springfield, Ore.-based PeaceHealth Medical Center at RiverBend plans to permanently close its pediatric cardiology clinic on July 21, according to a May 24 report from public radio station KLCC.
OSF HealthCare taps hospital president
OSF HealthCare has named Derrick Frazier president of OSF Saint James-John W. Albrecht Medical Center in Pontiac, Ill., the health system said May 23.
Amazon's One Medical expands partnership with MedStar Health
Amazon subsidiary One Medical plans to open its 11th clinic in the Washington, D.C., area, expanding its partnership with Columbia, Md.-based MedStar Health, ARLNow reported May 24.
Hospitals look to pull every lever in response to staff shortages
In April 2023, more than 3,320 hospital and health system leaders gathered in Chicago for the Becker’s Hospital Review 13th Annual Meeting. For four days, more than 430 speakers engaged their peers in panel discussions and presentations spanning 11 tra…
