Two-thirds of Maine hospitals reported negative operating margins in the first half of 2022 as inflation and staffing shortages pushed margins into the red, Maine Public Radio reported Feb. 21.
Category: ROOT
Top 7 billionaires in US healthcare
An HCA Healthcare co-founder and shareholder tops the list of billionaires in U.S. healthcare.
OhioHealth hospital ending maternity services
OhioHealth’s Shelby Hospital will no longer provide maternity services from 11:59 p.m on Feb. 28, according to local news outlet Richland Source.
Proposed bill would make Florida employers liable for detransition care
A Florida state senator introduced a bill Feb. 20 that would require employers that cover gender-affirming care in the state to pay for subsequent detransitions, including for individuals no longer employed, The Hill reported Feb. 21.
Trinity Michigan hospital temporarily closes floor, cites workers shortages
Trinity Health Muskegon (Mich.) plans to temporarily close a 30-bed surgical floor due to staffing shortages, Fox affiliate WXMI reported Feb. 21.
Texas hospital cutting almost half its staff, several services
St. Mark’s Medical Center in La Grange, Texas, is cutting nearly half its staff and various services as it looks to survive amid significant financial challenges.
Amazon completes $3.9B acquisition of One Medical
Amazon has completed its $3.9 billion acquisition of virtual and in-person primary care company One Medical, the retailer said Feb. 22.
Optum closes $796M deal: 4 notes
Optum closed the multimillion-dollar deal to acquire home health and hospice company LHC Group Feb. 22, according to an SEC filing.
14 health systems with strong finances
Here are 14 health systems with strong operational metrics and solid financial positions, according to reports from credit rating agencies Fitch Ratings, Moody’s Investors Service and S&P Global.
Walmart Health names new director of innovation
Walmart Health has named Brody McConnell as its new director of innovations.
