ChristianaCare will acquire five former Crozer Health outpatient locations in Delaware County, Pennsylvania, some of which had remained open despite the health network's closure. ChristianaCare announced Wednesday it was the successful bidder to take over California-based Prospect Medical Holdings' remaining health campuses in Broomall, Havertown, two in Glen Mills, and Media. The healthcare company's winning bid was for $50.3 million.
A central Maine hospital is closing its clinic for good. Tuesday will be Northern Light Inland Hospital's last day of service in Waterville. Northern Light Regional President Marie Vinneau says the hospital will no longer accept new emergency patients at noon, and their clinical operations will end at 5 p.m. Vinneau says the decision to shut down was not easy, but their only choice. The hospital was losing more than $1 million per month from higher operating costs, low reimbursement rates, and a labor shortage.
Northern Light Inland Hospital will be ending clinical services on May 27 at 5 p.m. The emergency department will also stop accepting new patients at 12 p.m, hospital officials announced on Thursday. The announcement comes after it was announced earlier this year that he hospital would be closing. The facility, associated services, and most practices have been winding down services and are working to move patients to new care locations.
The U.S. pharmacy chain, which operates about 1,200 stores and has some 8 million customers, filed for bankruptcy earlier this month for the second time in two years. Its retail business was performing poorly due to decreased drug sales margins.
Former President Joe Biden has been diagnosed with prostate cancer, which has metastasized to the bone, according to a statement from his personal office. Biden, 82, was seen for further tests last week after a finding of a prostate nodule.
One of America's biggest for-profit hospital operators is bankrupt, broken, and responsible for countless mistreated patients—thanks to its private equity overlords.