A total of 34 healthcare companies are at risk of default going into 2023 amid excessive debt levels and weak operating performance, Moody’s said in a Dec. 12 report shared with Becker’s.
Category: ROOT
Mercy Health halts hospital construction due to 'financial challenges'
Mercy Health is putting a hospital project in Champion Township, Ohio, on hold, citing economic volatility, inflation and financial challenges as factors for the decision, CBS affiliate WKBN reported Dec. 12.
3 health systems choosing R1 RCM for revenue cycle services
Three health systems that forged partnerships with R1 RCM for revenue cycle services in 2022:
COVID-19 infection, vaccine linked to POTS heart disorder, study suggests
Researchers confirmed a link in some patients between postural orthostatic tachycardia syndrome and COVID-19 infection and vaccination, though the risk was higher from COVID-19.
Ascension's Dr. Baligh Yehia named president of Jefferson Health
Baligh Yehia, MD, was selected as the next president of Philadelphia-based Jefferson Health, effective Jan. 17.
The 2023 safety priorities for 11 straight-'A' hospitals
As hospitals continue to face pandemic-related challenges, it’s no surprise that many of The Leapfrog Group’s straight-“A” hospitals are doubling down on efforts to reduce and prevent healthcare-associated infections.
Northern Light Health closing hospital wing Dec. 31
Brewer, Maine-based Northern Light Health on Dec. 31 will close a section of its inpatient rehabilitation services, CBS affiliate WABI reported Dec. 12.
7 systems launching nursing programs
Colleges and universities are updating and launching nursing programs to help combat nursing shortages.
South Carolina hospital set for closure after 56 years
Lake City (S.C.) Community Hospital will close Dec. 16, after 56 years of providing care to the Lake City community, SCNow reported Dec. 12.
8 largest healthcare data breaches of 2022 tied to vendors
Eight of the largest healthcare data breaches of 2022 were tied to third-party vendors. Here is the list of the breaches, as reported by Becker’s Hospital Review:
