Friday, March 24, 2023

Thursday, March 23, 2023

Sutter Health lost $249M in 2022 in reversal of fortuneSutter Health lost $249M in 2022 in reversal of fortuneSutter Health lost $249M in 2022 in reversal of fortune

Sutter Health lost $249M in 2022 in reversal of fortune

Sutter Health reported a net loss of $249 million in 2022, compared with a $1.14 billion gain the prior year.



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Idaho hospital halts obstetrical care as abortion laws become stricterIdaho hospital halts obstetrical care as abortion laws become stricterIdaho hospital halts obstetrical care as abortion laws become stricter

Idaho hospital halts obstetrical care as abortion laws become stricter

Officials at Sandpoint-based Bonner General Health said Idaho’s legal and political climate was partly to blame.



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Bon Secours Mercy Health's 2022 losses exceed $1 billionBon Secours Mercy Health's 2022 losses exceed $1 billionBon Secours Mercy Health's 2022 losses exceed $1 billion

Bon Secours Mercy Health's 2022 losses exceed $1 billion

The Cincinnati-based Catholic nonprofit health system disclosed a $1.2 billion net loss in 2022, compared with a $997.7 million gain in the prior year.



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Legal questions surround private equity-backed Noble HealthLegal questions surround private equity-backed Noble HealthLegal questions surround private equity-backed Noble Health

Legal questions surround private equity-backed Noble Health

The private equity-backed startup closed two rural Missouri hospitals just two years after purchasing them. It now faces legal scrutiny and several lawsuits.



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Wednesday, March 22, 2023

Bright Health's financial troubles spread to TennesseeBright Health's financial troubles spread to TennesseeBright Health's financial troubles spread to Tennessee

Bright Health's financial troubles spread to Tennessee

Bright Health Group's shaky finances have attracted negative attention from regulators in numerous states, including Florida and Tennessee.



from Section Page News - Modern Healthcare https://ift.tt/xlnyXub

Medicaid expansion clears North Carolina LegislatureMedicaid expansion clears North Carolina LegislatureMedicaid expansion clears North Carolina Legislature

Medicaid expansion clears North Carolina Legislature

If Gov. Roy Cooper (D) signs the bill as expected, North Carolina would join 39 states and the District of Columbia in expanding Medicaid eligibility for low-income adults.



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Intermountain Health operating income plummets amid headwindsIntermountain Health operating income plummets amid headwindsIntermountain Health operating income plummets amid headwinds

Intermountain Health operating income plummets amid headwinds

Intermountain Health's merger with SCL Health bolstered the nonprofit health system's finances in 2022.



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Feds propose to overhaul organ transplant systemFeds propose to overhaul organ transplant systemFeds propose to overhaul organ transplant system

Feds propose to overhaul organ transplant system

The plan would end the United Network for Organ Sharing's virtual monopoly by inviting other organizations to participate in the Organ Procurement and Transplantation Network.



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Hospitals re-evaluate masking, PPE as state mandates end Hospitals re-evaluate masking, PPE as state mandates end Hospitals re-evaluate masking, PPE as state mandates end

Hospitals re-evaluate masking, PPE as state mandates end

Only a handful of states have lingering mandates requiring the use of masks in hospitals, meaning most healthcare facilities are free to once again make their own rules on PPE.



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