Doylestown (Pa.) Hospital, about 40 miles north of Philadelphia, has only 81 days of cash on hand amid ongoing operating losses it revealed Nov. 10. That figure is lower than obligations the hospital has through its covenants.
Category: ROOT
Man charged with taking part in ransomware campaign targeting healthcare
A dual national of Canada and Russia has been charged with being part of a ransomware gang that has targeted the healthcare industry.
66 US hospitals with ‘meritorious’ surgical outcomes: American College of Surgeons
The American College of Surgeons has recognized 78 hospitals worldwide for achieving “meritorious outcomes” for adult inpatient and outpatient surgical care in 2021.
19 hospital closures, bankruptcies in 2022
From declining inpatient volumes to reimbursement challenges and increased demand for outpatient care, various factors lead hospitals to shut down or enter bankruptcy.
Thomas Health to join WVU Health
Charleston, W.Va.-based Thomas Health will soon become part of West Virginia United Health System by the end of 2022.
Hospital for Special Surgery’s ambulatory surgery volume grows in Q3
New York City-based Hospital for Special Surgery saw growth in its ambulatory surgical volume during the third quarter of 2022, according to a quarterly report.
Walgreens bets on healthcare runs as easy as errand runs
Walgreens made healthcare headlines this week with its subsidiary VillageMD buying physician practice group Summit Health in a deal worth roughly $8.9 billion. The moves are all part of a bigger vision to make visits for low-acuity healthcare as conven…
HealthPartners appoints new president of Minnesota hospital
Bloomington, Minn.-based HealthPartners has named Nathan Pulscher as the new president of Olivia (Minn.) Hospital and Clinic, Willmar Radio reported Nov. 10.
Missouri hospital taps Stace Holland as new CEO
Houston, Mo.-based Texas County Memorial Hospital has named Stace Holland its CEO, effective Nov. 14.
New York hospital CFO takes CEO reins
Teresa Donohue — current CFO of Springville, N.Y.-based Bertrand Chaffee Hospital and its corresponding Jennie B. Richmond Nursing Home — will soon transition into the CEO role, the Springville Journal reported Nov. 10.
