Renton, Wash.-based Providence, a 51-hospital system, has reported a $1.7 billion operating loss for fiscal 2022 amid labor and inflationary pressures as well as delayed reimbursements. Investment losses also further dragged the system’s performance do…
Category: ROOT
Why a shuttered California hospital is 'just the tip of the iceberg'
There’s been plenty of headlines on the financial pressures leading to Madera (Calif.) Community Hospital’s closure and the domino effect it’s had on the surrounding region in the state’s Central Valley. But the story of what’s unfolding in Madera Coun…