Prospect Medical Holdings, a 16-hospital system based in Culver City, Calif., and its hospitals are still feeling the effects of a cybersecurity incident that took place Aug. 3, The Record reported Aug. 9.
Healthcare operating cash flows may be gradually improving but will take years to recover and may never reach pre-pandemic margins, Moody’s warned in an Aug. 9 report.
Nonprofit hospitals have been hit hard over the last 18 months with rising costs, workforce shortages, inflation and more leading to tighter margins and tough decisions.
The American Hospital Association has labeled CMS’ $957 million cut to Medicare disproportionate share hospitals for 2024 as “simply unacceptable” and criticized the agency for a lack of transparency in how it calculates the uninsured rate and its effe…
Bridgeport, Conn.-based federally qualified health center Optimus Health agreed to pay more than $470,000 to settle false claim improper billing allegations.
Deaths and years of disability from exposure to air pollution increased 31 percent worldwide since 1990, according to a study published Aug. 9 in the Journal of the American Heart Association.