Dallas-based Steward Health Care extended their asset-based lending agreement through December 2023.
Category: ROOT
California hospital to close after Trinity sale called off
Madera (Calif.) Community Hospital plans to file for bankruptcy Jan. 3 and close within the month.
Nonprofit health system deals in poor areas scrutinized by WSJ
The Wall Street Journal is monitoring nonprofit health systems and recently published an article scrutinizing where the largest systems are expanding and contracting.
Judge orders Indiana hospital to keep ER open for 9 months
Just hours before the facility was set to close, a judge ordered Franciscan Health to keep the emergency room of its hospital in Hammond, Ind., open for nine months, The Times of Northwest Indiana reported Dec. 22.
Johnson & Johnson completes $16.6B acquisition of medtech company
Johnson & Johnson has acquired medtech company Abiomed for $16.6 billion at $380 per share. Abiomed will now operate as a business unit within J&J’s medtech segment.
How flu admissions compare to past seasons
The 2022-2023 flu season is well underway, with the U.S. seeing the highest hospitalization rates in more than a decade.
Senators urge Kaiser to end 16-week mental health strike
A group of U.S. senators is calling on Oakland, Calif.-based Kaiser Permanente to reach an agreement with members of the National Union of Healthcare Workers to end the mental health strike in Hawaii, which has been ongoing for 16 weeks.
US Digestive Health relocates office, endoscopy center
Exton, Pa.-based US Digestive Health has relocated one of its offices and endoscopy centers.
25 happiest U.S. cities
Six of the 10 happiest U.S. cities are in California — in part because of residents’ high incomes, according to a ranking published Dec. 20.
Providence heading into 2023: 10 things to know
Providence is a 52-hospital system headquartered in Renton, Wash.
