Two Pennsylvania lawmakers are setting their sights on UPMC, elevating allegations published in a report from the American Economic Liberties Project that accuses the Pittsburgh-based health system of building a monopoly.
Hundreds of hospitals in the U.S. are at immediate risk of closing, largely due not to financial mismanagement but inadequate reimbursements, according to the Center for Healthcare Quality and Payment Reform.
More than 300,000 accountants and auditors have quit since January 2021, and some accounting firms are no longer performing external audits for businesses, The Wall Street Journal reported Jan. 18.
Flint, Mich.-based Insight has signed a letter of intent to take over the shuttered Keokuk Area Hospital in Iowa, according to a Jan. 19 report from NBC affiliate WGEM.
From Las Vegas to Oklahoma, mass layoffs are hitting hospitals and health systems nationwide. And with big-name companies like Microsoft announcing job cuts in bulk, firings are front-of-mind for many leaders.
South Weymouth, Mass.-based South Shore Health reported increased operating losses for fiscal 2022 as well as a large overall loss as the system continued to struggle with the consequences of the COVID-19 pandemic.
Massachusetts lawmakers are filing legislation this week that would mandate nurse-to-patient ratios — following in the footsteps of Washington and Oregon with a statewide push toward safe staffing.