Western Pennsylvania hospitals are facing pushback after a report found the region has high bed capacity and lower than average occupancy rates, the Pittsburgh Post-Gazette reported Jan. 9.
Freestanding emergency departments are becoming more prominent as health systems bolster their outpatient strategies, but emergency departments at some hospitals are disappearing.
Boston-based Dana-Farber Cancer Institute recently made its first official pitch to Massachusetts regulators about its $1.68 billion proposal to establish a standalone cancer hospital in partnership with Beth Israel Deaconess Medical Center, The Boston…
While 73% of nonprofit hospitals and health systems saw “strong” levels of cash on hand in 2022, 18% saw “adequate” levels, with 9% coming in at “vulnerable” or “highly vulnerable” with available cash on hand, according to a Jan. 9 KFF report.
A letter of intent to purchase Hollister, Calif.-based Hazel Hawkins Hospital has been submitted by Flint, Mich.-based Insight Foundation of America, a nonprofit corporation, to the San Benito (Calif.) Health Care District, which oversees the hospital….
Tim Wentworth, CEO of Walgreens, acknowledged the company’s recent store closures in a Jan. 8 interview with CNBC. But he said the company has a “leverageable asset” that will set the foundation for its health services business, well beyond its brick-a…