For months, state health officials have warned that at least 38 hospitals across Mississippi are in danger of closing, one of which is the Greenwood Leflore Hospital. In 2022 alone, Greenwood Leflore, the largest hospital in the Delta, was forced to lay off over 150 employees as well as close a number of services in an effort to keep the hospital’s doors open.
Habersham County's Board of Commissioners officially approved a $6 million line of credit for Habersham Medical Center to keep the hospital financially viable and capable of paying critical vendors.
The grim forecast is the result of years of battering economic winds faced by these hospitals, many of which attract too few patients to remain profitable, but enough to remain a necessary resource.
CVS Health is exploring an acquisition of primary care center operator Oak Street Health. A deal could be reached within weeks that would value Oak Street at more than $10 billion, including debt, Bloomberg reported citing people familiar with the matter.
The U.S. health system benefits from potentially more than $5 billion in free volunteer labor annually, a KHN analysis of data from the Bureau of Labor Statistics and the Independent Sector found. Yet some labor experts argue that using hospital volunteers, particularly at for-profit institutions, provides an opportunity for facilities to run afoul of federal rules, create exploitative arrangements, and deprive employees of paid work amid a larger fight for fair wages.
The State of Indiana appears to be in better fiscal health than physical health. Gov. Eric Holcomb says the state needs to get healthier, “but suffice it to say, we’re going to have to do something different if we want a different outcome.”