Universal Health Services came out with quarterly earnings of $3.02 per share, beating the Zacks Consensus Estimate of $2.96 per share. This compares to earnings of $2.95 per share a year ago.
Economic storm clouds are on the horizon for the newly combined Excela and Butler health systems, and a 'significant expense reduction plan' is in the near future, according to an internal letter signed by President and CEO Ken DeFurio.
Bleeding cash, El Centro Regional Medical Center may be headed for an immediate leadership change. Released Friday afternoon, the agenda for a special meeting of hospital trustees includes a “letter of intent” between the city-owned facility and UC San Diego Health which would have a management team appointed by the university health system assume day-to-day management “effective March 1.”
Pullman Regional Hospital is planning to grow its patient care services through an expansion and remodeling project. On Wednesday, the hospital’s board of commissioners approved the master facilities plan, essential to future organization in the project.
Many Tennessee hospitals are in trouble as they try to stabilize after the trauma of COVID-19. The Tennessee Hospital Association has published a new survey that finds: Now that pandemic relief money has dried up, nearly half are at risk of closure.