Medical Properties Trust, a nationwide owner of hospital properties, expects to take a $300 million charge amid interest rate hikes and deals from its larger tenants, The Wall Street Journal reported April 7.
Category: ROOT
Hospitals faced 'worst operating year' ever in 2022: Fitch
Last year is shaping up to be “the worst operating year we’ve ever seen” in the hospital sector, with 2023 set to be a “make-or-break year” for many, Fitch Ratings Senior Director Kevin Holloran said during an April 5 presentation, according to Bloombe…
3rd CarePoint Health hospital inches toward nonprofit status
A third New Jersey CarePoint Health Systems hospital looks to be closer to receiving nonprofit status after the state’s health planning board recommended such a move, according to an April 6 nj.com report.
Layoffs loom for CommonSpirit
CommonSpirit Health said it is “taking steps to improve efficiency and effectiveness” amid financial challenges, which may include changes that affect jobs.
How a Michigan chief medical officer improved clinician opinions of leadership from 16% to 25% in 1 year
During the height of the COVID-19 pandemic, hospitals were in an all-hands-on-deck mode 24/7. Physicians focused on patients, and there was little to no time for anything else.
11 notes on the new omicron subvariant
A new SARS-CoV-2 omicron subvariant, XBB.1.16, is spreading throughout several countries, including parts of the U.S. Health officials at the World Health Organization have said it is something they are closely monitoring.
City of Hope names chief scientific officer
Duarte, Calif.-based City of Hope appointed John Carpten, PhD, director of the comprehensive cancer center, director of Beckman Research Institute of City of Hope and chief scientific officer.
Oregon hospital hires VP of patient services
Samaritan Albany (Ore.) General Hospital appointed Jennifer Broadus, BSN, RN, vice president of patient services.
Sutter Health considers $750M bond sale
Sacramento, Calif.-based Sutter Health is considering raising $750 million from a bond issue in the second quarter, the Sacramento Business Journal reported April 6.
Healthcare job growth lags in March with 34K added
Healthcare gained 33,900 jobs in March, down from the average monthly gain of 54,000 over the prior six months, according to the latest jobs report from the Bureau of Labor Statistics.
