Hospitals play an invaluable role in the communities they serve. However, now more than ever, they need help maintaining the level of care and services they provide their patients and communities.
While Connecticut hospitals saw substantial revenue gains in 2021, last year proved to be more challenging as federal pandemic relief diminished, patient volumes remained sluggish and workforce shortages and inflation caused financial headaches.
CarePoint Health and Alaris Health have reached a mutual settlement over a Bayonne Medical Center lawsuit filed by the former back in January 2020 that alleged the latter wanted to convert the BMC into a nursing home.