Financially strapped Mid-Columbia Medical Center in The Dalles is moving ahead with its plan to be absorbed into California-based Adventist Health, a 23-hospital chain that says it will spend $100 million over the coming 10 years upgrading Mid-Columbia.
These grants are intended to aid in the health and human services local organizations provide to county residents, organizers of the event said. The community grant improvement program helps non-profit organizations with an interest in building healthier communities by improving health and living conditions.
While operating results were weaker in fiscal 2021 and 2022 compared to the close to 10% average operating EBITDA margin in the prior years, Fitch believes that Cone Health's broad operating platform, a $100 million margin improvement effort and focused strategic capital investments should enable a gradual return to stronger results in the medium term of Fitch's forward-looking scenario.
Hospitals will likely see bad debt soar when a pandemic-era rule expires allowing states to kick patients off Medicaid April 1, according to a January report from Moody’s Investors Service.
Difficulty getting volunteers and the pandemic shutdown have delivered a one-two punch to Laconia Hospital’s auxiliary, closing a group that was founded in 1893.
Patients got used to emailing their doctors for quick answers to health questions during the Covid-19 pandemic. But for some patients, those messages are getting costly.