Marshfield (Wis.) Clinic Health System, which recently had its credit rating downgraded, has reported taking out a $10 million line of credit.
Category: ROOT
60,000-square-foot medical office building under construction in Texas
Ground has been broken on a 60,000-square-foot medical office building — the Frisco Medical Pavilion II, in Frisco, Texas, according to a Feb. 23 report from REJournals.
UofL Health maintains solid rating even as debt levels remain elevated
Louisville, Ky.-based UofL Health has had its long-term credit rating and that on a series of bonds affirmed at “BBB+” amid a strong local market share but higher-than-average debt levels, Fitch Ratings said Feb. 23.
Judge tosses assault case filed by 94 women against Utah physician
A Utah judge has thrown out a lawsuit against David Broadbent, MD, who was sued for alleged sexual assault by 94 former patients, ProPublica reported Feb. 22.
Nurses accuse Ascension of wage theft
Attorneys working with members of the Illinois Nurses Association have filed a class action lawsuit in federal court alleging wage theft by St. Louis-based Ascension.
10 months later, GE's contrast dye nears normal supply levels
GE Healthcare said Feb. 23 it expects its contrast media products, which are used in CT scans and fell into shortage in May 2022, will return to normal supply levels in the next few weeks.
Infrastructure issues threaten to close Hawaii hospital
Kealakekua, Hawaii-based Kona Community Hospital is asking Hawaii legislature for $19 million to fix utility issues that are putting the hospital at risk of shutting down, Hawaii News Now reported Feb. 23.
FDA warns of infant incubators with possible airborne chemical risk
Neonatal incubators may be exposing people to “volatile chemicals,” the FDA warned healthcare workers Feb. 23.
CDC aims to modernize health IT through public-private partnerships
The CDC Foundation, the CDC’s fundraising organization, is partnering with the National Coordinator for Health Information Technology to accelerate private and public health IT partnerships.
Providence's pivotal move for cybersecurity operations
Providence is building a global IT enterprise by employing thousands of people in Hyderabad, India, to support the U.S.-based operations for multiple functions, including cybersecurity.
