Several hospitals and health systems have experienced downgrades to their financial ratings this year amid ongoing operating losses, declines in investment values and challenging work environments.
Nurses who went on strike at three Ascension hospitals in Texas and Kansas are slated to return to their scheduled shifts beginning the morning of July 1.
American Healthcare Systems, a Los Angeles-based healthcare operator, has made multiple moves to purchase hospitals in 2023. Here are three purchases the company has made since April:
The Supreme Court on June 29 ruled that U.S. colleges and universities cannot consider race as a factor for admissions in a pair of decisions industry leaders say could hinder efforts to create a more diverse healthcare workforce.
As artificial intelligence has become the talk of healthcare, the industry still lags behind in the number of AI workers it is hiring, The Economist reported.
Marietta, Ohio-based Memorial Health System saw its outlook revised to negative as meaningful balance sheet growth and improved financial flexibility is likely several years away, Fitch said June 29.