The rating upgrade is driven by Mercyhealth's strong financial profile which is consistent with an assessment of 'aa' in the context of the system's midrange revenue defensibility and strong operating profile.
There are many reasons to reform the 340B discount. Addressing hospital consolidation is just one of them. The 340B program isn’t fulfilling its intended purpose, as most expansion has occurred in affluent communities.
Patients covered by Anthem Blue Cross Blue Shield at Christ Hospital and associated facilities could soon lose in-network coverage if a contract renewal between the hospital and insurance provider isn't inked before a looming deadline.
Indiana lawmakers have seized on high health care costs as a priority problem to tackle this legislative session, but rural hospitals with thin profit margins are worried — and want more help from the state.
At the end of 2019, Memorial Regional Health reached a crisis. The hospital in Craig is the sole hospital in Moffat County, a vital lifeline to health care services in a corner of the state that is nearly the size of Connecticut.